Transportation Infrastructure: Advantages and Disadvantages of Wrap-Up Insurance for Large Construction Projects

RCED-99-155 Published: Jun 01, 1999. Publicly Released: Jun 01, 1999.

Highlights

Pursuant to a congressional request, GAO provided information on the advantages and disadvantages of wrap-up insurance over traditional insurance for large transportation projects and the factors that can affect the broader use of wrap-up insurance.

Full Report

Full Report (35 pages)

Office of Public Affairs

Chuck Young

Managing Director

youngc1@gao.gov

(202) 512-4800

Topics

Transportation

Comparative analysisConstruction contractsInsurance cost controlInsurance premiumsInsurance regulationLiability insuranceRoad constructionWorkers compensationConstructionInsurance claims