• The project (or combination of projects) exceeds $100,000,000,
excluding soft costs such as land acquisition, design and
engineer costs
• Either the Owner or General Contractor is willing
to act as a “Sponsor” and, depending on the level
of risk involved, increase savings potential while gaining
greater control over construction related risks
• There is a need to ensure adequate coverage for all
contractors of every tier by controlling the type, amount,
and quality of insurance coverage protecting the site
• A desire exists to level the playing field allowing
small, minority, and women owned businesses to more effectively
bid on available contracts.
• One consistent Safety Program is necessary for the
entire project
• Traditional insurance leaves room for coverage gaps
and under-insured losses
• There is a wish to calm the chaos by having one insurance
company managing the entire site, rather than one insurer
per subcontractor
• The project itself is high profile or being constructed
in a high profile location.
