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Weet <br />4. Waiver of Subrogation. Provider hereby grants to City a waiver of any right to subrogation <br />that any insurer of said Provider may acquire against the City by virtue of the payment of any <br />loss under such insurance. Provider agrees to obtain any endorsement that may be necessary to <br />affect this waiver of subrogation, but this provision applies regardless of whether or not the City <br />has received a waiver of subrogation endorsement from the insurer. <br />Self -Insured Retentions. Self -insured retentions must be declared to and approved by the City. <br />The City may require the Provider to purchase coverage with a lower retention or provide proof <br />of ability to pay losses and related investigations, claim administration, and defense expenses <br />within the retention. The policy language shall provide, or be endorsed to provide, that the self - <br />insured retention may be satisfied by either the named insured or City. <br />6. Acceptability of Insurers. Insurance is to be placed with insurers authorized to conduct <br />business in the state with a current A.M. Best's rating of no less than A:VII, unless otherwise <br />acceptable to the City. <br />Verification of Coverage. Provider shall furnish the City with original Certificates of Insurance <br />including all required amendatory endorsements (or copies of the applicable policy language <br />effecting coverage requiredby this clause) and a copy of the Declarations and Endorsement Page <br />of the CGL policy listing all policy endorsements to City before work begins. However, failure <br />to obtain the required documents prior to the work beginning shall not waive the Provider's <br />obligation to provide them. <br />The City reserves the right to require complete, certified copies of all required insurance policies, <br />including endorsements required by these specifications, at any time. <br />8. Special Risks or Circumstances. City reserves the right to modify these requirements, <br />including limits, based on the nature of the risk, prior experience, insurer, coverage, or other <br />special circumstances. <br />Kajeet, Inc. Service Agreement v.2019.01.29 <br />7901 Jones Branch Drive, Suite 350, McLean, VA 22102 (240) 482-3500 www.kaieetcom education@kajeetcom <br />