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Self-insured Retentions <br /> Self-insured retentions must be declared to and approved by the City.The City may require the <br /> Consultant to purchase coverage with a lower retention or provide proof of ability to pay losses and <br /> 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 with a <br /> current A.M. Best rating of no less than ANII,unless otherwise acceptable to City. <br /> Verification of Coverage <br /> Consultant 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) <br /> and a copy of the Declarations and Endorsement Page of the CGL policy listing all policy endorsements <br /> before work begins. However,failure to obtain the required documents prior to the work beginning shall <br /> not waive Consultant's obligation to provide them. <br /> City reserves the right to require complete, certified copies of all required insurance policies,including <br /> endorsements required by these specifications,at anytime, <br /> Special Risks or Circumstances <br /> City reserves the right to modify these requirements, including limits, based on the nature of the risk, <br /> .prior experience, insurer,coverage,or other special circumstances. <br />