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DocuSign Envelope ID: 68C2D9A6-9C77-4A99-BA97-88AB3D6BE228 <br />i. Additional Insured Status <br />The Client, its officers, officials, employees, and volunteers are to be covered as <br />additional insureds on the CGL policy with respect to liability arising out of work or operations <br />performed by or on behalf of the Company including materials, parts, or equipment furnished in <br />connection with such work or operations. General liability coverage can be provided in the form <br />of in endorsement to the Company's insurance (at least as broad as ISO Form CG 20 tO 1185 or <br />bothCG 20 10, CG 20 26, CG 20 33, or CG 20 38; and CG 20 37 forms if later revisions used). <br />ii. Primary Coverage <br />For any claims related to this contract, the Company's insurance coverage shall be <br />primary insurance primary coverage at least as broad as ISO CG 20 0104 13 as respects the Client, <br />its officers, officials, employees, and volunteers. Any insurance or self-insurance maintained by <br />the Client, its officers, officials, employees, or volunteers shall be excess of the Company's insura <br />ncence and shall not contribute with it. <br />iii. Notice of Cancellation <br />Each insurance policy required above shall state that coverage shall not be canceled, except with notice to the <br />Client. <br />iv. Waiver ofSubrogalion <br />Company hereby grants to Client a waiver of any right to subrogation which any insurer of said Company may <br />acquire against the Client by virtue of the payment of any loss under such insurance. Company agrees to obtain <br />any endorsement that may be necessary to affect this waiver of subrogation, but this provision applies regardless <br />of whether or not the Client has received a waiver of subrogation endorsement from the insurer. <br />v. Self -Insured Retentions <br />Self -insured retentions must be declared to and approved by the Client. The Client may require the Company to <br />purchase coverage with a lower retention or provide proof of ability to pay losses and related investigations, claim <br />administration, and defense expenses within the retention. The policy language shall provide, or be endorsed to <br />provide, that the self -insured retention may be satisfied by either the named insured or Client. <br />vi. Acceptability of Insurers <br />Insurance is to be placed with insurers authorized to conduct business in the state with a current <br />A.M. Best's rating of no less than A:VB, unless otherwise acceptable to the Client. <br />vii. Claims Made Policies <br />If any of the required policies provide coverage on a claims -made basis: <br />I. 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 afler 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 Company must <br />purchase "extended reporting" coverage for a minimum of five (5) years after completion of <br />contract work <br />viii. Verification ofCoverage <br />Company shall furnish the Client with original Certificates of Insurance including all required amendatory <br />endorsements (or copies of the applicable policy language effecting coverage required by this clause) and a copy <br />of the Declarations and Endorsement Page of the CGL policy listing all policy endorsements to Client before work <br />begins. However, failure to obtain the required documents prior to the work beginning shall not waive the <br />Company's obligation to provide them. The Client reserves the right to require complete, certified copies of all <br />required insurance policies, including endorsements required by these specifications, at any time. <br />ix. Subcontractors <br />Company shall require and verify that all subcontractors maintain insurance meeting all the requirements stated <br />herein, and Contractor shall ensure that Client is an additional insured on insurance required from subcontractors. <br />x. Special Risks or Circumstances <br />Page 3 of 18 <br />