Owner Controlled Insurance Program (OCIP)

Exhibit x

At the time of award, CDOT will determine which Lines of Insurance Coverage will be covered in the OCIP, and which will be covered by the Contractor.

Force Account Owner Controlled Insurance Program (OCIP) Incentives Example

The intent of the OCIP incentive is two-fold. One is to maximize the scope of construction project improvements by providing incentives that can compensate the contractor for hidden or duplicative business costs associated with insurance. The other is to reward contractors for better than industry standard safety record and performance.