The Plankton, Aerosol, Cloud, ocean Ecosystem (PACE) mission will launch no earlier than summer 2022. The primary payload is the Ocean Color Instrument (OCI). OCI is a hyperspectral imaging radiometer that will measure top-ofatmosphere radiances from 340nm to 2260nm at approximately 1km spatial resolution. The spectral resolution will be 5nm from 340nm to 890nm to enable the production of innovative ocean color products on a global scale (OCI will provide global coverage every 2 days). There are 7 different multispectral bands in the shortwave infrared to support atmospheric correction for ocean color and aerosol and cloud studies. Ocean color applications require state of the art radiometric accuracy (approximately 0.5%, excluding the absolute calibration uncertainty). Considerable effort has been invested in the planning of the prelaunch calibration campaign and the on-orbit calibration capabilities. This paper describes the current plans for the prelaunch calibration and characterization campaign of the OCI Engineering Test Unit (ETU), which is scheduled to begin towards the end of 2019. The prelaunch calibration campaign will characterize all sensor characteristics that are expected to influence radiometric sensitivity: absolute calibration (i.e. radiometric gains), signal to noise ratio, nonlinearity, response versus scan angle, dynamic range, signal to noise ratio, and sensitivities to polarization and temperature. In addition to these one-time characterization tests, two types of tests have been developed that monitor the evolution of several OCI radiometric characteristics: a Limited Performance Test (LPT, expected duration about 8 hours), and a Comprehensive Performance Test (CPT, expected duration about 2 days).