A Care, Custody, and Control (CCC) is a term used primarily in liability coverages to cover the property under a property insurance that is not owned by the insured but which is legally in the insured’s possession or under his control. (e.g., Rental Equipment) A CCC is an event by which the assumption of responsibility for the safety, operating, and maintenance of a fixed asset by the operating organisation that is normally accepted upon mechanical completion of the asset.
Related Definitions in the Project: The Project Management; Construction; Operation and Maintenance; Bond and Insurance
