The awarding public agency is authorized to require the contractor to carry builder's risk insurance against damage from fire and the elements during the process of construction to the extent of protecting said public agency's equity in said project until accepted by said agency.
Okla. Stat. tit. 61, § 128
Builder’s risk insurance
Added by Laws 1974, c. 298, § 28, operative Aug. 1, 1974
Official source: Oklahoma Legislature. Reproduced from public-domain Oklahoma statutes; confirm against the official source for the current text. Not legal advice.