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Whether this is your first construction project or you’re a seasoned expert, finding the right CIP is key to the success of your project and procuring the best rates. It’s important to remember that the most successful programs are from project participants who work as a team. Below are the 4 components for any CIP.
Topics: Wrap-Up, Wrap-Up Administration, OCIP & CCIP
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Whether you are an Owner, General Contractor or Developer, Wrap-Up Administration is the key to your OCIP. For a Wrap-Up to be successful, the wrap administrator must understand both construction and insurance. Wrap-Up administration is an overwhelming process, and there are specific things you should look for when looking for a partner.
Topics: Wrap-Up, Wrap-Up Administration, OCIP & CCIP
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There are many factors that go into determining whether a Wrap-Up will be successful or not. Administration is one of those crucial components. From orientation to close-out, Wrap-Up administrative functions are numerous and time-consuming; but they are also beneficial.
Topics: TSIB, Wrap-Up, Wrap-Up Administration
