Class Code: 5473

Per NCCI's Scopes Code Description:

Code 5473 is applicable to contracting insureds engaged in asbestos-related operations other than pipe and boiler work. These contemplated operations include removal, replacement or repair of existing asbestos coverings as well as installation involving enclosure or encapsulation.

This classification contemplates removal of damaged, disturbed or deteriorated asbestos material from buildings and other structures as found in, but not limited to, ceilings, walls, partitions, floors and from around air conditioning and heating ducts. Covered under this classification is asbestos used as thermal insulation, fireproofing, and in various building materials such as floor coverings, ceiling tile, cement sheeting, granular and corrugated wrap, plus acoustical and decorative treatment for walls and ceilings.

For asbestos work involving steam pipes and boilers, refer to Code 5472—Asbestos Contractor—Pipe and Boiler Work Exclusively.

As Code 5472 contemplates “pipe and boiler work exclusively,” a division of payroll is not permitted between this classification and Code 5473 when pipe and boiler asbestos work is conducted at the same job or location as other asbestos-related work. In the event that an insured does engage in both Code 5472 and Code 5473 operations, Code 5472 may be assigned to pipe and boiler asbestos work when this type of work is conducted at a separate job or location at which the insured does not engage in any other asbestos operations.

Please refer to Code 5403 for extra-territorial premium determination guidelines that may be applicable to insureds that have operations outside their headquarters’ state.

Rate per $100. of Renumeration: $ 6.74

Construction Exemption Required: Yes