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What does USATF sanctioning really mean?

I have moved Bob's post from another thread that is on a different topic to this new thread.

I hope people don't think this is too heavy-handed of me. I'd like to try to keep content in threads aligned with the original topic of the thread.


From Bob Thurston:
Congratulations to all those involved in getting the database improvements, and thanks!
Curious (and forgetful) minds want to know: just what is the difference between verifying and validating?
On J.A's point about sanctioning: I wonder if others are as much in the dark about it as I am. I had been thinking that it was 98% about getting insurance for races. Is that too cynical? Now that sanctioning seems to be a requirement for establishing a record, I'd like to understand
-- what are the reasons for that?
-- what checks or guidelines are used beyond paying a fee to determine whether a race will be sanctioned?
-- does sanctioning help to assure a runner that the race will be safely and competently conducted?
-- are there national guidelines for sanctioning or is it determined by local associations?
I realize this may be way off topic but I'd be interested in understanding it better.
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