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Self -Insured Retentions: Self -insured retentions must be declared <br />to and approved by the City. The City may require the Consultant to <br />purchase coverage with a lower retention or provide proof of ability <br />to pay losses and related investigations, claim administration, and <br />defense expenses within the retention. The policy language shall <br />provide, or be endorsed to provide, that the self -insured retention <br />may be satisfied by either the named insured or City. <br />6. Acceptability of Insurers: Insurance is to be placed with insurers <br />authorized to conduct business in the state with a current A.M. <br />Best's rating of no less than A:VH, unless otherwise acceptable to <br />the City. <br />Verification of Coverage: Consultant shall furnish the City with <br />original Certificates of Insurance including all required amendatory <br />endorsements (or copies of the applicable policy language effecting <br />coverage requiredby this clause) and a copy of the Declarations and <br />Endorsement Page of the COL policy listing allpolicy endorsements <br />to City before work begins. However, failure to obtain the required <br />documents prior to the work beginning shall not waive the <br />Consultant's obligation to provide them. <br />The City reserves the right to require complete, certified copies of all <br />required insurance policies, including endorsements required by <br />these specifications, at any time. <br />8. Subcontractors: Consultant shall require and verify that all <br />subcontractors maintain insurance meeting all the requirements <br />stated herein, and Consultant shall ensure that City is an additional <br />insured on insurance required from subcontractors. <br />9. Special Risks or Circumstances: City reserves the right to modify <br />these requirements, including limits, based on the nature of the risk, <br />prior experience, insurer, coverage, or other special circumstances. <br />INDEMNIFICATION <br />Consultant agrees to and shall indemnify, defend, and hold harmless the City, its officers, <br />agents, employees, consultants, counsel, and representatives from liability for personal injury, <br />damages, just compensation, restitution, judicial or equitable relief arising out of claims: (1) for <br />personal injury, including death, and claims for property damage, arising from the direct or indirect <br />operations of the Consultant or its contractors, subcontractors, agents, employees, or other persons <br />acting on its behalf which relates to the services described in Section t of this Agreement; and (2) <br />from any claim that personal injury, damages, just compensation, restitution, judicial or equitable <br />relief is due by reason of effects arising from this Agreement. This indemnity and hold harmless <br />agreement applies to all claims for damages, just compensation, restitution, judicial or equitable <br />Page 4 of 8 <br />