Florida Contracting Classification Premium Adjustment Program:

Available Discount:  5% to 25%

 

Purpose:

 

The State of Florida has provided a credit for rate relief from the cost of workers' compensation for employers engaged in the construction industry that pay their workers higher than the state average, as determined by the Department of Financial Services..  Unlike the Drug-Free and Safety Workplace Credit programs, there is nothing to establish.  This credit program is simply one that you apply for and either your wages are above the state average or they are not. 

 

Requirements:

 

The application is made to the NCCI and based on payroll from the 3rd quarter of the previous year.  If you did not engage in contracting operations during the third quarter of the prior calendar year, the requested information to be provided should then be for the last complete calendar quarter prior to the effective date of your workers compensation policy.

 

Note:

 

• Only straight time is included in the calculation.  Overtime is not included.

• Non-Construction payroll is not included in the calculation.

 

For a list of the classifications that are available for the FCCPAP discount, see the list below:

 

0042           5057           5222           5478           5610           6206          6260

0050           5059           5223           5479           5613           6213          6306

1322           5069           5348           5480           5645           6214          6319

2799           5102           5402           5491           5651           6216          6325

3365           5146           5403           5506           5703           6217          6400

3719           5160           5437           5507           5705           6229          7538

3724           5183           5443           5508           6004           6233          7605

3726           5188           5445           5509           6006F         6235          7855

5020           5190           5462           5535           6017           6236           8227

5022           5213           5472           5537           6018           6237           9534

5037           5215           5473           5551           6045           6251           9554

5040           5221           5474           5606           6204           6252

 

Once approved for the credit, it will be applied as of the inception date of the coverage following the payroll period being used for the calculation of the contracting average wage. 

 

A new application must be completed each and every year in order to further qualify for the credit.

 

If you have not applied for the FCCPAP credit previously and qualify, it may be possible to retroactively apply the credit to your 3 previous insurance policies.  We will be glad to assist you with the application for the FCCPAP credit and gain the discounts you deserve.  It is part of the services we provide to all of our clients at Work Comp Associates, Inc.