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City. Ten (10) days prior written shall be provided to City for policy cancellation or <br /> non-renewal due to non-payment. <br /> 6. Certificate Holder on each Evidence of Insurance certificate shall be: City of Santa <br /> Ana, 20 Civic Center Plaza, Santa Ana, CA 92701. The name and location of event <br /> should be included in the Description of Operations section of each certificate. <br /> Self-Insured Retentions <br /> Self-insured retentions must be declared to and approved by the City. The City may require the <br /> Contractor 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. <br /> Acceptability of Insurers <br /> Insurance is to be placed with insurers authorized to conduct business in the state of California <br /> with a current A.M. Best's rating of no less than A:VII, unless otherwise acceptable to the City. <br /> Verification of Coverage <br /> Contractor shall furnish the City with original Certificates of Insurance including all amendatory <br /> endorsements (or copies of the applicable policy language effecting coverage required by this <br /> clause) and a copy of the Declarations and Endorsement Page of the CGL policy listing all policy <br /> endorsements to the City before work begins. However, failure to obtain the required documents <br /> prior to the work beginning shall not waive the Contractor's obligation to provide them. The City <br /> reserves the right to require complete, certified copies of all required insurance policies, including <br /> endorsements required by these specifications, at any time. <br /> Claims Made Policies <br /> If any of the required policies provide coverage on a claims-made basis: <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 three (3) <br /> years after completion of the work. <br /> 3. If coverage is canceled or non-renewed,and not replaced with another claims-made policy form <br /> with a Retroactive Date prior to the contract effective date, the Contractor must purchase <br /> "extended reporting" coverage for a minimum of three(3) years after completion of work. <br /> Subcontractors <br /> Contractor shall require and verify that all sub-contractors maintain insurance meeting all the <br /> requirements stated herein, and Contractor shall ensure that City is an additional insured on <br /> insurance required from subcontractors. <br /> Special Risks or Circumstances <br /> City reserves the right to modify these requirements, including limits, based on the nature of the <br /> risk, prior experience, insurer, coverage, or other special circumstances. <br /> Page 4 of 8 <br /> #392321v1 <br />