Laserfiche WebLink
reinstate the aggregate limits at least to an amount equal to one-half of the face amount of <br /> the aggregate limits on the policies. <br /> 3. No insurance required herein shall provide for a deductible in excess of$5,000 or a self- <br /> insured retention in any amount, without prior written consent of the CITY OF SANTA <br /> ANA and OCFA; and, the granting or denying of such consent shall be at the sole and <br /> absolute discretion of the CITY OF SANTA ANA and OCFA. <br /> 4. CONTRACTOR is required to file evidence of required insurance with endorsements with <br /> CITY OF SANTA ANA and OCFA on or before the Effective Date of this Agreement,and <br /> to thereafter maintain current endorsements on file with CITY OF SANTA ANA and <br /> OCFA. The completed endorsements and evidence of insurance are subject to the approval <br /> of CITY OF SANTA ANA and OCFA. <br /> 5. Nothing in this section shall be construed as limiting in any way the Indemnification and <br /> Hold Harmless clause contained herein in this Agreement, or the extent to which <br /> CONTRACTOR may be held responsible for payments of damages to persons or property. <br /> 6. 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 OF SANTA ANA. <br /> 7. CITY OF SANTA ANA or OCFA shall have the right at any time to review the coverage, <br /> form, and limits of insurance required herein. If, in the sole and absolute discretion of the <br /> CITY OF SANTA ANA and/or OCFA, the insurance provisions in this Agreement do not <br /> provide adequate protection for the CITY OF SANTA ANA and/or OCFA, the CITY OF <br /> SANTA ANA and/or OCFA shall have the right to require CONTRACTORS to obtain <br /> insurance sufficient in coverage, form, and limits to provide adequate protection and <br /> CONTRACTOR shall promptly comply with such requirement. The CITY OF SANTA <br /> ANA's and OCFA's requirements shall not be unreasonable, but shall be adequate in the <br /> sole opinion of the CITY OF SANTA ANA and OCFA to protect against the kind and <br /> nature of risks which exists at the tirne a change of insurance is required, or thereafter. <br /> S. Alternate forms of insurance, that meet the above requirements, must be approved by the <br /> CITY OF SANTA ANA's and OCFA's Risk Managers prior to awarding a contract and <br /> beginning any work under this Agreement. <br /> 5. Except as modified by this First Amendment, all terms and conditions of the Agreement <br /> shall remain in full force and effect. <br /> {Signatures on following page} <br /> 5 <br />