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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 Entity. <br />E. 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 A:VII, <br />unless otherwise acceptable to the Entity. <br />F. Claims Made Policies- If any of the required policies provide coverage on a claims - <br />made basis: <br />1) The Retroactive Date must be shown and must be before the date of the <br />contract or the beginning of contract work. <br />2) Insurance must be maintained and evidence of insurance must be provided for <br />at least five (5) years after completion of the contract of work. <br />3) If coverage is canceled or non -renewed, and not replaced with another claims - <br />made policy form with a Retroactive Date prior to the contract effective date, <br />ICMA-RC must purchase "extended reporting" coverage for a minimum of <br />five (5) years after completion of contract work. <br />G. Verification of Coverage- ICMA-RC shall furnish the City with original Certificates <br />of Insurance including all required amendatory endorsements (or copies of the <br />applicable policy language effecting coverage required by this clause) and a copy of <br />the Declarations and Endorsement Page of the CGL policy listing all policy <br />endorsements to City before work begins. However, failure to obtain the required <br />documents prior to the work beginning shall not waive ICMA-RC's obligation to <br />provide them. The City reserves the right to require complete, certified copies of all <br />required insurance policies, including endorsements required by these specifications, <br />at any time. <br />2. Except as modified by this Fourth Amendment, all terms and conditions of the Agreement shall <br />remain in full force and effect. <br />IN WITNESS WHEREOF, the parties hereto have executed this Fourth Amendment to <br />the Agreement on the date and year fast written above. <br />ATTEST CITY OF SANTA ANA <br />Daisy Gomez as <br />Clerk of the Council ecutive Director <br />Human Resources Agency <br />[Signatures continue on the next page] <br />Page 3 of 4 <br />