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Attention: Nadia Orozco, 20 Civic Center Plaza M-11, Santa Ana, CA 92701. The name and <br />location of event should be included in the Description of Operations section of each <br />certificate. <br />Self -Insured Retentions <br />Self -insured retentions must be declared to and approved by the City. City may require Contractor to <br />purchase coverage with a lower retention or provide proof of ability to pay losses and related <br />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 with a <br />current A.M. Best rating of no less than A:VII, unless otherwise acceptable to City. <br />Verification of Coverage <br />Permittee shall furnish City with original Certificates of Insurance including all required amendatory <br />endorsements (or copies of the applicable policy language effecting coverage required by this clause) and <br />a copy of the Declarations and Endorsement Page of the CGL policy listing all policy endorsements to <br />Entity before work begins. However, failure to obtain the required documents prior to the work beginning <br />shall not waive Permittee's obligation to provide them. City reserves the right to require complete, <br />certified copies of all required insurance policies, including endorsements required by these specifications, <br />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 beginning of <br />work. <br />2. Insurance must be maintained and evidence of insurance must be provided for at least three (3) years <br />after completion of work. <br />3. If coverage is canceled or non -renewed, and not replaced with another claims -made policy form with a <br />retroactive date prior to the contract effective date, Company must purchase "extended reporting" <br />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 requirements <br />stated herein, and Contractor shall ensure that City is an additional insured on insurance required from <br />sub -contractors. <br />Special Risks or Circumstances <br />City reserves the right to modify these requirements, including limits, based on the nature of the risk, prior <br />experience, insurer, coverage, or other special circumstances. <br />