Common use of Owner Controlled Insurance Program Clause in Contracts

Owner Controlled Insurance Program. 10.1.1 The Owner, at its expense, has implemented an Owner Controlled Insurance Program (“OCIP”) to furnish certain insurance coverages with respect to activities on the Property for the Project. The OCIP will be for the benefit of Owner, Contractor, and Subcontractors of all tiers (unless specifically excluded) who have employees at the Project. Such coverage applies only to Work performed under the Contract Documents at the Property. The OCIP shall not include, and Owner shall not be responsible for providing, any insurance coverages other than those specifically identified in the OCIP Manual (defined in Section 10.1.2 of this Agreement). In addition, the first $25,000 of each loss or damage covered under the Builder’s Risk Insurance policy, or uninsured losses, shall be paid for by the responsible Contractor or Subcontractor. The Builder’s Risk insurance provided by Owner also does not cover loss of, or damage to, any tools, implements, equipment, scaffolds, form work, machinery, cranes, consumables, office trailers, tool sheds, temporary structures or anything else which is not intended to become a permanent part of the finished Project. Contractor and eligible Subcontractors must provide their own insurance for activities off the Property and automobile liability pursuant to the OCIP Manual, and the costs of such insurance for Contractor and Subcontractors shall be solely Contractor’s and Subcontractor’s responsibility. To the extent Contractor and or any Subcontractor becomes ineligible for the OCIP or is no longer covered by the OCIP, Contractor and such Subcontractor shall provide all required insurance under the OCIP Manual.

Owner Controlled Insurance Program. 10.1.1 15.1.1 The Owner, at its expense, has implemented an Owner Controlled Insurance Program (“"OCIP”") to furnish certain insurance coverages with respect to activities on the Property for the Projecton-Site activities. The OCIP will be for the benefit of Owner, Contractor, the Owner and Contractor and Subcontractors of all tiers (unless specifically excluded) who have employees at the Projecton-Site employees. Such coverage applies only to Work performed under the Contract Documents at the PropertySite. The OCIP shall not include, and the Owner shall not be responsible for providing, any insurance coverages other than those specifically identified in the OCIP Manual (defined described in Section 10.1.2 of this Agreement15.1.2 below). In addition, the first $25,000 of each loss or damage covered under the Builder’s 's Risk Insurance policy, or uninsured losses, shall be paid for by the responsible Contractor or Subcontractor. The Builder’s 's Risk insurance provided by Owner also does not cover loss of, or damage to, any tools, implements, equipment, scaffolds, form workformwork, machinery, cranes, consumables, office trailers, tool sheds, temporary structures or anything else which is not intended to become a permanent part of the finished Project. The Contractor and eligible Subcontractors must provide their own insurance for off-Site activities off the Property and automobile liability pursuant to the OCIP Manual, and the costs of such insurance for Contractor and Subcontractors shall be solely Contractor’s and Subcontractor’s responsibilitya Cost of the Work. To the extent Contractor and or any Subcontractor becomes ineligible for the OCIP or is no longer covered by the OCIP, Contractor and such Subcontractor shall provide all required insurance under the OCIP ManualManual as a Cost of the Work.

Owner Controlled Insurance Program. 10.1.1 15.1.1 The Owner, at its expense, has implemented an Owner Controlled Insurance Program (“OCIP”) to furnish certain insurance coverages coverage’s with respect to activities on the Property for the Projecton-Site activities. The OCIP will be for the benefit of Owner, Contractor, the Owner and Contractor and Subcontractors of all tiers (unless specifically excluded) who have employees at the Projecton-Site employees. Such coverage applies only to Work performed under the Contract Documents at the PropertySite. The OCIP shall not include, and the Owner shall not be responsible for providing, any insurance coverages coverage’s other than those specifically identified in the OCIP Manual (defined described in Section 10.1.2 of this Agreement15.1.2 below). In addition, the first $25,000 of each loss or damage covered under the Builder’s Risk Insurance policy, or uninsured losses, shall be paid for by the responsible Contractor or Subcontractor. The Builder’s Risk insurance provided by Owner also does not cover loss of, or damage to, any tools, implements, equipment, scaffolds, form workformwork, machinery, cranes, consumables, office trailers, tool sheds, temporary structures or anything else which is not intended to become a permanent part of the finished Project. The Contractor and eligible Subcontractors must provide their own insurance for off-Site activities off the Property and automobile liability pursuant to the OCIP Manual, Manual and the costs of such insurance for Contractor and Subcontractors shall be solely Contractor’s and Subcontractor’s responsibilitya Cost of the Work. To the extent Contractor and or any Subcontractor becomes ineligible for the OCIP or is no longer covered by the OCIP, Contractor and such Subcontractor shall provide all required insurance under the OCIP ManualManual as a Cost of the Work.

Owner Controlled Insurance Program. 10.1.1 The Owner, at its expense, has implemented an Owner Controlled Insurance Program (“"OCIP”") to furnish certain insurance coverages with respect to activities on the Property for the Project. The OCIP will be for the benefit of Owner, Contractor, and Subcontractors of all tiers (unless specifically excluded) who have employees at the Project. Such coverage applies only to Work performed under the Contract Documents at the Property. The OCIP shall not include, and Owner shall not be responsible for providing, any insurance coverages other than those specifically identified in the OCIP Manual (defined in Section 10.1.2 of this Agreement). In addition, the first $25,000 of each loss or damage covered under the Builder’s 's Risk Insurance policy, or uninsured losses, shall be paid for by the responsible Contractor or Subcontractor. The Builder’s 's Risk insurance provided by Owner also does not cover loss of, or damage to, any tools, implements, equipment, scaffolds, form work, machinery, cranes, consumables, office trailers, tool sheds, temporary structures or anything else which is not intended to become a permanent part of the finished Project. Contractor and eligible Subcontractors must provide their own insurance for activities off the Property and automobile liability pursuant to the OCIP Manual, and the costs of such insurance for Contractor and Subcontractors shall be solely Contractor’s 's and Subcontractor’s 's responsibility. To the extent Contractor and or any Subcontractor becomes ineligible for the OCIP or is no longer covered by the OCIP, Contractor and such Subcontractor shall provide all required insurance under the OCIP Manual.