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Grand World Development Corporation will build a new convention center, including a large resort, for the city of Pleasantville. The estimated cost of the project

Grand World Development Corporation will build a new convention center, including a large resort, for the city of Pleasantville. The estimated cost of the project is nearly $150 million. Grand buys a centralized insurance program for this project that covers the owner, general contractor and all subcontractors. This type of arrangement could be accurately described by all of the following names EXCEPT (Search Chapter 9) a. stipulated insurance program. b. wrap-up insurance program. c. controlled insurance program. d. owner controlled insurance program

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