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Docuftn Envobpo ID: A55F1500-IE47-4E4E-AD3E-515FB09D12D5 <br />the Consultant's insurance (at least as broad as ISO Form CO 20 10 1185 or both CG 20 10, <br />CG 20 26, CO 20 33, or CG 20 38; and CG 20 37 forms if later revisions used). <br />Primary Coverage <br />For any claims related to this contract, the Consultant's insurance coverage shall be <br />primary insurance coverage at least as broad as ISO CG 20 01 04 13 as respects the City, its <br />officers, officials, employees, and volunteers. Any insurance or self-insurance maintained by the <br />City, its officers, officials, employees, or volunteers shall be excess of the Contractor's insurance <br />and shall not contribute with it. <br />Notice of Cancellation <br />Each insurance policy required above shall provide that coverage shall not be canceled, except <br />with notice to the City. <br />Waiver of Subragation <br />Consultant hereby grants to City a waiver of any right to subrogation which any insurer of said <br />Consultant may acquire against the City by virtue of the payment of any loss under such insurance, <br />Consultant agrees to obtain any endorsement that may be necessary to affect this waiver <br />of subrogation, but this provision applies regardless of whether or not the City has received a <br />waiver of subrogation endorsement from the insurer, <br />Self Insured Retentions <br />Self -insured retentions must be declared to and approved by the City, The City may require the <br />Consultant to purchase coverage with a lower retention or provide proof of ability to pay losses <br />and related investigations, claim administration, and defense expenses within the retention, The <br />policy language shall provide, or be endorsed to provide, that the self -insured retention may be <br />satisfied by either the named insured or City. <br />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 AXII, unless otherwise acceptable to the City. <br />Claims Made Policies <br />If any of the required policies provide claims-mado coverage: <br />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 five <br />(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 policy <br />form with a Retroactive Date prior to the contract effective date, the Consultant must purchase <br />"extended reporting" coverage for a minimum of five (5) years after completion of work. <br />Page 4 of 9 <br />9335916v1 <br />