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Exhibit 3-Page 1 of 53 Owners Controlled Insurance Program (CCIP) 1 BROWARD COUNTY BOARD OF COUNTY COMMISSIONERS CCIP Insurance Manual Broward County, Florida Owner Controlled Insurance Program CCIP
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How to fill out exhibit 3 - ocip
How to fill out exhibit 3 - ocip:
01
Begin by entering the project name and identification number.
02
Provide the date the project started and the anticipated completion date.
03
Specify the type of insurance coverage required for the project.
04
Indicate the duration of the insurance policy, including the start and end dates.
05
Include any additional endorsements or modifications that need to be included in the insurance coverage.
06
Provide information about the contractors involved in the project, such as their names, addresses, and contact details.
07
State the limit of liability required for the insurance coverage.
08
Include any additional insured parties that need to be added to the policy.
09
Specify any specific requirements or provisions that need to be mentioned in the exhibit.
10
Finally, review the completed exhibit 3 - ocip form for accuracy and completeness before submitting it.
Who needs exhibit 3 - ocip:
01
Contractors: Contractors involved in a project that requires an Owner Controlled Insurance Program (OCIP) may need to fill out exhibit 3 - ocip. This exhibit provides important details about the insurance coverage required for the project.
02
Project Owners: Owners who have implemented an OCIP for their construction project will require contractors to complete exhibit 3 - ocip. This allows the owners to ensure that all necessary insurance coverage is in place.
03
Insurance Providers: Insurance providers collaborating with OCIPs may also need exhibit 3 - ocip to gather the required information about the project and the contractors involved. This form helps them assess the risk and provide appropriate insurance coverage.
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