partner controlled insurance program (PCIP)
A partner controlled insurance program (PCIP) is a variation on the owner controlled insurance program (OCIP) or contractor controlled insurance program (CCIP), all of which provide a master insurance, safety, and claim management program for enrolled contractors performing work on a construction project.
Additional Information
The distinguishing feature of a PCIP is that two or more of the parties to the project (e.g., the owner, general contractor, subcontractors, etc.) jointly sponsor the program. The partnership encompasses the development and operation of the program, as well as any cost savings.
Synonyms
cooperative controlled insurance program
