Insurance Screening / Prequalification 411
"Slot Machine Process"


Insurance Compliance Determined:

After the bid selected...

After the company is engaged...

After a master is issued...

After a subcontract is issued...
PRECONSTRUCTION PHASE PROCESS: NEW VENDOR/SUBCONTRACTOR
MID-PROJECT PROCESS: NEW VENDOR/SUBCONTRACTOR
Insurance is the last item obtained...

Insurance Compliance (New Company) = Slot Machine
"Rapid Insurance Screening Process"
NOTE: Step 2 can also be conducted internally if company employees are trained in using the NCCI database.

If NCCI/WC database screening is done internally, full insurance compliance review can be conducted by a 3rd party after a bid is selected with the assumption that the company at least maintains an active work comp policy.
Insurance Screening Example: DPR Construction

 2016 ENR Ranking: 20
Prequalification Insurance Documents

- Sample insurance COI w/ endts

- EMR verification (3 years)

- Signed W9