AK General Contractor Practice Questions - Alaska General Contractor Exam

What is the 'owner-controlled insurance program' (OCIP) sometimes used on large Alaska projects?

An insurance policy purchased by each subcontractor A consolidated insurance program purchased by the owner that covers all contractors and subcontractors on the project A government insurance program Workers' compensation only

Correct Answer:

A consolidated insurance program purchased by the owner that covers all contractors and subcontractors on the project

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