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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 />Self -Insured Retentions: Self -insured retentions must be declared to and approved by <br />the City. The City may require the Partner to purchase coverage with a lower retention <br />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. 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 ANII, <br />unless otherwise acceptable to the City. <br />7. Verification of Coverage: Partner shall furnish the City with original Certificates of <br />Insurance including all required amendatory endorsements (or copies of the applicable <br />policy language effecting coverage required by this clause) and a copy of the <br />Declarations and Endorsement Page of the CGL policy listing allpolicy endorsements <br />to City before work begins. However, failure to obtain the required documents prior to <br />the work beginning shall not waive the Partner's obligation to 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: City reserves the right to modify these requirements, <br />including limits, based on the nature of therisk, prior experience, insurer, coverage, or <br />other special circumstances. <br />