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<br />6. Certificate Holder on each Evidence of Insurance certificate shall be: City of Santa <br />Ana, Attention: (Name of Department Staff Responsible for Agreement), 20 Civic <br />Center Plaza M-XX (Responsible Staff’s Department Mail Box), Santa Ana, CA <br />92701. The name and location of project must be indicated in the Description of <br />Operations section of each certificate. <br />Builder’s Risk (Course of Construction) Insurance <br />Contractor may submit evidence of Builder’s Risk insurance in the form of Course of <br />Construction coverage. Such coverage shall name City of Santa Ana as a loss payee as <br />its interest may appear. <br />If the project does not involve new or major reconstruction, at the option of City, an <br />Installation Floater may be acceptable. For such projects, a Property Installation Floater <br />shall be obtained that provides for the improvement, remodel, modification, alteration, <br />conversion or adjustment to existing buildings, structures, processes, machinery and <br />equipment. The Property Installation Floater shall provide property damage coverage <br />for any building, structure, machinery or equipment damaged, impaired, broken, or <br />destroyed during the performance of the Work, including during transit, installation, and <br />testing at City’s site. <br />Claims Made Policies <br />If any coverage required is written on a claims-made coverage form: <br />1. The retroactive date must be shown, and this date must be before the execution date <br />of the contract. <br />2. Insurance must be maintained and evidence of insurance must be provided for at <br />least five (5) years after completion of work. <br />3. If coverage is cancelled or non-renewed, and not replaced with another claims-made <br />policy form with a retroactive date prior to the contract effective, or start of work date, <br />Contractor must purchase extended reporting period coverage for a minimum of five (5) <br />years after completion of work. <br />4. A copy of the claims reporting requirements must be submitted to City. <br />Acceptability of Insurers <br />Insurance is to be placed with insurers authorized to conduct business in the state of <br />California with a current A.M. Best rating of no less than A:VII, unless otherwise <br />acceptable to CITY. <br />C-3