Time to Wrap-up: New Program Offers Ways to Improve Construction Safety on the Site

Project managers and general contractors with projects valued at $50 million or more are beginning to take advantage of a risk management tool known as construction wrap-ups. Simply stated, a wrap-up has the owner or project manager purchase the worker’s compensation, general liability and excess umbrella/liability insurance for all contractors and subcontractors working on a transportation project. The wrap-up provides a single point of contact for all liability issues, alleviates concerns about gaps in liability coverage, results in a safer job site and creates significant savings in risk management costs.