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Primary Coverage For any claims related to this contract, the Contractor's insurance coverage shall be primary coverage at least as broad as ISO CO 20 01 04 13 as respects the Enmity, its officers, officials, employees, and volunteers. Any insurance or self-insurance maintained by the Entity, its officers, officials, employees, or volunteers shall be excess of the Contractor's insurance and shall not contribute with it. Notice of Cancellation Each insurance policy required above shall provide that coverage shall not be canceled, except with notice to the Entity. Waiver of Subrogation Contractor hereby grants to Entity a waiver of any right to subrogation which any insurer of said Contractor may acquire against the Entity by virtue of the payment of any loss under such insurance_ Contractor agrees to obtain any endorsement that may be necessary to affect this waiver of subrogation, but this provision applies regardless of whether or not the Entity has received a waiver of subrogation endorsement from the insurer. Selftnsared Retentions Self -insured retentions must be declared to and approved by the Entity. The Entity may require the Contractor to purchase coverage with a lower retention or provide proof of ability to pay losses and related investigations, claim administration, and defense expenses within the retention. The policy language shall provide, or be endorsed to provide, that the self -insured retention may be satisfied by either the named insured or Entity. Acceptability of Iaasttrers Insurance is to be placed with insurers authorized to conduct business in the state with a current A.M. Best's rating of no less than AXII, unless otherwise acceptable to the Entity. Claims Made :Policies (cote — sit ould be applicable only to professional liability, see below) If any of the requited policies provide claims -made coverage: 1. The Retroactive Date must be shown, and must be before the date of the contract or thebegimaing of contract work. 2. Insurance must be maintained and evidence of insurance must be provided for at leastfave (S) years gfter completion of the contract of work 3. If coverage is canceled or non -renewed, and not replaced with another claims -made policy form wills a Retroactive Date prior to the contract effective date, the Coutractormust purchase "extended reporting" coverage for a minimum offlve (5) years after completion of work. Page 13 of 19