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1. The Retroactive Date must be shown, and must be before the date of the contract or the <br />beginning of contract work. <br />2. Insurance must be maintained and evidence of insurance must be provided for at least <br />five (5) years after completion of the contract of work. <br />3. If coverage is canceled or non -renewed, and not replaced with another claims -made <br />policy form with a Retroactive Date prior to the contract effective date, the GROUP <br />must purchase "extended reporting" coverage for a minimum of five (5) years after <br />completion of work. <br />Verification of Coverage <br />GROUP shall furnish the CITY with original Certificates of Insurance including all required <br />amendatory endorsements (or copies of the applicable policy language effecting coverage <br />requiredby this clause) and a copy ofthe Declarations and Endorsement Page of the CGLpolicy <br />listing allpolicy endorsements to CITY before work begins. However, failure to obtain the <br />required documents prior to the work beginning shall not waive the GROUP's obligation to <br />provide them. <br />The CITY reserves the right to require complete, certified copies of all required insurance <br />policies,including endorsements required by these specifications, at any time. <br />Special Risks or Circumstances <br />CITY reserves the right to modify these requirements, including limits, based on the nature of <br />therisk, prior experience, insurer, coverage, or other special circumstances <br />[signature page to follow] <br />Page 5 of 19 <br />