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(2) Primary Coverage: For any claims related to this contract, the Consultant's insurance <br />coverage shall be primary coverage at least as broad as ISO CG 24 01 04 13 as respects <br />the City, its officers, officials, employees, and volunteers. Any insurance or self- <br />insurance maintained by the City, its officers, officials, employees, or volunteers shall <br />be excess of the Consultant's insurance and shall not contribute with it. <br />(3) Notice of Cancellation: Each insurance policy required above shall provide that <br />coverage shall not be canceled, except with notice to the City. <br />(4) Waiver of Subrogation: Consultant hereby grants to City a waiver of any right to <br />subrogation that any insurer of said Consultant may acquire against the City by virtue <br />of the payment of any loss Linder such insurance. Consultant agrees to obtain any <br />endorsement that may be necessary to affect this waiver of subrogation, but this <br />provision applies regardless of whether or not the City has received a waiver of <br />subrogation endorsement from the insurer. <br />(5) Self -Insured Retentions: Self -insured retentions must be declared to and approved by <br />the City. The City may require the Consultant to purchase coverage with a lower <br />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 <br />provide, or be endorsed to provide, that the self -insured retention may be satisfied by <br />either the named insured or City. <br />(6) Claims Made Policies: <br />If any of the required policies provide coverage on a claims -made basis, the <br />following applies: <br />i. The retroactive date must be shown, and must be before the date of the contract <br />or the beginning of contract work, <br />H. Insurance must be maintained and evidence of insurance must be provided, for <br />at least five (5) years after completion of'the contract of'worli. <br />iii. If coverage is canceled or non -renewed, and not replaced with another claims - <br />made policy, form. with a Retroactive Date prior to the contract effective date, <br />the Consultant must purchase "extended repotting" coverage for a minimum of <br />five (5) years after completion of work. <br />(7) Acceptability of Insurers: Insurance is to be placed with insurers authorized to <br />conduct business in the state with a current A,M, Best's rating of no less than A:VII, <br />unless otherwise acceptable to the City. <br />(8) Verification of Coverage: Consultant shall furnish the City with original Certificates <br />of Insurance including all required amendatory endorsements (or copies of the <br />applicable policy language effecting coverage requiredby this clause) and a copy of the <br />