NU Online News Service, May 14, 2:40 p.m. EDT

Public risk managers take note: Liberty Mutual has launched a contest so that cash-strapped cities and towns in America can vie for grants to help fund their local Fourth of July events.

Called "Bring Back the 4th," Liberty Mutual said 10 winners of the Web-based contest will receive a $10,000 grant each to help pay for traditional July 4th festivities that may be on the chopping block as municipalities struggle to cut costs.

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