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We hereby certify that the cost of
insurance for those coverages provided by the Owner
Controlled Insurance Program (OCIP) have not been
included in our contract price. Further, we hereby
assign, transfer and set over absolutely unto Sound
Transit its right, title and interest to any and all
returns of premiums, dividends, discounts, or other
adjustments to this OCIP. This assignment shall pertain
to the policies as now written and as subsequently
modified, rewritten or replaced in Sound Transit’s
Insurance companies, including any additional amount or
coverages as a result thereof. We also assign our right
of cancellation of all Insurance policies provided to us
by Sound Transit through the OCIP. This assignment is
valid only for Insurance policies where premiums have
been paid by Sound Transit on behalf of our firm. We
agree that by signing this form, we request enrollment
in the OCIP, and that enrollment will be confirmed once
Sound Transit’s insurance representative issues the
appropriate OCIP certificates. OCIP coverage will become
effective at the time our employees first come on to a
Sound Move Project Site
We hereby certify that the information set forth herein
is true and accurate in all material respects.
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