§ 26429 Project Insurance Requirements

• •A contract can say what kind of insurance a group must have for a project.
• •The contract can also say how much insurance is needed and what it should cover.
• •If there's insurance money paid out, the contract can say how that money should be used.

A school builds a new playground and signs a contract that says they must have insurance in case a kid gets hurt.

The contract can say the school must have $1 million in insurance and that any insurance money from an accident must be used to fix the playground or help the injured kid.