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Docusign Envelope ID:6521C537-BO8134B1B-859F-8D95C803E506 Acceptability of Insurers Insurance is to be placed with insurers authorized to conduct business in the state of California with a current A.M. Best rating of no less than A:VII, unless otherwise acceptable to City. Verification of Coverage KABOOMIl shall furnish City with original Certificates of Insurance including all required amendatory endorsements (or copies of the applicable policy language effecting coverage required by this clause) and a copy of the Declarations and Endorsement Page of the CGL policy listing all policy endorsements to Entity before work begins, However, failure to obtain the required documents prior to the work beginning shall not waive Kaboom's obligation to provide them. City reserves the right to require complete, certified copies of all required insurance policies, including endorsements required by these specifications, at any time. Claims Made Policies If any of the required policies provide coverage on a claims-made basis: 1. The retroactive date must be shown and must be before the date of the contract or the beginning of work. 2. Insurance must be maintained and evidence of insurance must be provided for at least three (3) years after completion of work. 3. If coverage is canceled or non-renewed, and not replaced with another claims-made policy form with a retroactive date prior to the contract effective date, KABOOMII must purchase"extended reporting" coverage for a minimum of three (3)years after completion of work. Subcontractors KABOOM!l shall require and verify that it's primary equipment manufacturer (sub- contractors) maintain insurance meeting all the requirements stated herein, and KABOOMI! shall ensure that City is an additional insured on insurance required from sub-contractors.