Understanding Insurance Requirements

GENERAL LIABILITY

$1,000,000 per occurrence for Personal Injury and Adv Injury and $2,000,000 aggregate and Products – Comp/Op Agg

EXCESS LIABILITY

$5,000,000 per occurrence and $5,000,000 aggregate

AUTOMOBILE LIABILITY

$1,000,000 per occurrence (Any Auto)

PROFESSIONAL LIABILITY

$2,000,000 each claim (If scope includes design responsibility)

WORKERS’ COMPENSATION AND EMPLOYERS’ LIABILITY

Statutory / $1,000,000 each accident / $1,000,000 each employee / $1,000,000 policy limit

• An Owner Controlled Insurance Program (OCIP) is project specific insurance program that provides coverage for the Owner and Enrolled Contractors.
• The OCIP provides for all contractors, regardless of tier, Commercial General/ Excess
  Liability and Workers’ Compensation.
• Builders Risk is additional coverage provided outside of the OCIP.
• Coverage only applies to operations in connection with work performed at the Charity Hospital Redevelopment Project Site.

• All Eligible Contractors must participate in the OCIP. Enrollment under the OCIP is not automatic – all Eligible Contractors must submit their enrollment materials to the OCIP Administrator.
• Certain trade work is excluded from the OCIP, and these contractors will be required to
  provide evidence of their own insurance coverages.

Parties Not Included:

• All vendors, suppliers, truckers, material dealers, and delivery services companies regardless of contract size that are making deliveries or pick up services at the Charity Hospital Redevelopment Site.

WORKERS’ COMPENSATION

• Statutory Limits

EMPLOYER’S LIABILITY

• $1,000,000 (each accident, each employee and policy limit)

COMMERCIAL GENERAL LIABILITY

• $2,000,000 (each occurrence)
• $4,000,000 (General Aggregate)

EXCESS LIABILITY

• $100,000,000 (per claim / aggregate)

POLLUTION LEGAL LIABILITY

• $100,000,000 (per claim / aggregate)

BUILDERS RISK

Replacement Cost

• All Contractors will receive a copy of the OCIP MANUAL in the bid documents.
• Contractors are required to bid on the Project net of insurance.
• Upon Award, Contractors eligible for participation in the OCIP shall provide the
  following:
• Completed Enrollment Documents (please refer to manual)
• Evidence of Workers’ Compensation, General Liability and Excess Liability for OffSite Activities, Automobile Liability and Workers Compensation.
• Current copies of policy declarations and rating pages, as well as schedule of
  forms, as required by the OCIP Administrator.

• Process OCIP Enrollments for Eligible Contractors
• Follow Up and Verify Enrollment Information (credit / documents)
• Collect, Review and Maintain Insurance for EXCLUDED Contractors
• Conduct OCIP Kick Off Meeting
• Review and Issue WC Policies to each Enrolled Contractor
• Process Close Out for each Enrolled Contractor
• Collect and Review Monthly Payroll for Enrolled Contractor
• Follow Up for Non-Compliant Items
• Provide OCIP Enrollment Reports to Sponsor and Construction Manager