How To Use this Guide

On the following pages of this guide are comments and other guidance on 39 of the issues that OCIPs typically require contractors to consider. The issues themselves are identified in the headings. The insurance coverage that each issue may affect is listed next. This list is followed by a brief description and analysis of each issue. Ways to control the various risks associated with each issue are also included. Finally, the contract and other documents where contractors should seek to address each issue are listed.

Contractors can use this guide to identify potential problems. Where contractors find that they are at risk, they can also use this guide to help them determine appropriate ways to approach the project owner or other insurance program sponsor. With the aid and assistance of this guide, contractors can identify many of their potential exposures, ways to address their exposures, and the appropriate places to do so.

This guide is merely intended to help contractors identify and address the various issues raised by owner controlled insurance programs. It is not intended to prescribe any particular course of action. Nor does it present a consensus position on the best course of action for any particular situation. Each contractor must make an independent and reasoned determination of what would be in its best interest, and what strategy to pursue.

Further, this guide cannot substitute for competent legal, accounting, or other professional advice. This guide is offered with the understanding that its publisher is not engaged in providing legal advice or in rendering any other professional service.