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  • Rocip And Builder's Risk Project Insurance Guidance ... - Ut System

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ROCIP Project: Withhold insurance cost. Please refer to sections 00425 & 00810 for information.Current Version: September 26, 2012Previous Version: 08/18/00, 04/05/99 Item No. 700S Mobilization700S.1.

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Builder's risk insurance, also known as course of construction insurance, is a specialized type of property insurance that helps protect buildings under construction.

Unlike commercial property insurance, which covers finished buildings and their contents, a builder's risk insurance policy protects buildings and structures while they're under construction. Builder's risk insurance is a temporary policy issued for a specific project that covers the course of construction.

A wrap-up is a program of insurance where the controlling entity, usually the owner or general contractor, purchases insurance on behalf of all the trades performing work on the jobsite. The policy is job specific, and runs for the duration of the project.

In ance with industry standards, the State of Texas requires either a project owner or a contractor to procure insurance to cover property damaged during construction.

OCIP (Owner Controlled Insurance Program) Insurance secured by a sponsor or property owner throughout the property renovation or construction is an OCIP.

The Rolling Owner Controlled Insurance Program, known as ROCIP, is intended to provide liability coverage for on-site activities for enrolled contractors and subcontractors working under the Tollway's Small Business Initiative. Contractors are still required to maintain off-site insurance coverages.

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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232