Rain, Rain, Go Away: Will El Nino Put a Damper on the Golden Globe Awards?

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The usually sun-soaked region of Southern California has been getting drenched this week, and it may mean a rain-soaked Golden Globe Awards.

ET has learned that contingency plans are in the works in case precipitation hits the red carpet outside of the Beverly Hilton Hotel on Sunday. Tents will be on deck to preserve the $10,000 dresses that will be worn to the event.

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"Better safe than sorry," executive producer Allen Shapiro told ET.

"Some of the dresses cost more than the tent!" executive producer Barry Adelman chimed in.

In addition to keeping the stars out of the rain, producers are also concerned with keeping them out of harm's way. Security has been beefed up in light of the recent terror attacks in Paris and San Bernardino, California.

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"We have a very good system in place," Hollywood Foreign Press Association president Lorenzo Soria said. "There are some tools and new procedures that have been established."

Soria added that party crashers "shouldn't even think about" sneaking into the awards show.

For those who have been invited, the night will be one to remember, so says Leonardo DiCaprio, a Best Actor nominee for his performance in The Revenant.

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"The Globes are a lot of fun," he told ET at the film's screening in New York on Wednesday. "You sit around with dinner, drinks and people in your industry. It's more of a hangout session."

The 2016 Golden Globe Awards, hosted by Ricky Gervais, will air Sunday on NBC at 8 p.m. ET/5 p.m. PT.