Best Practices for Participating in a Wrap-Up

Source:, March 2021
By: Tim Walsh

You’re excited about bidding on a project and are notified that you will be required to be insured by an OCIP or CCIP. Notification of such requirement can be as simple as a statement in the construction agreement that the owner or construction manager/general contractor (CM/GC) may require you to participate in a wrap, should they choose to incept such a program. Alternatively, the bid documents may include specific contractual information specific to the wrap-up, CIP insurance manual, and even a prebid meeting to review the coverages and administrative requirements of the program.

For certain residential1 wrap-up programs in California, the sponsor is required2 to provide in the contract documents a disclosure that specifies, among other things, the method of calculation of any insurance credit, policy limits, scope of policy coverage, policy term, basis on which the deductible or occurrence is triggered by the insurer, and, if the policy covers more than one work or improvement, the number of units insured under the coverage. Read more.

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