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materially changed except after thirty (30) days prior written notice to City for policy <br /> cancellation or non-renewal due to non-payment. <br /> 6. Certificate Holder on each Evidence of Insurance certificate shall be: City of Santa <br /> Ana, Attention: Executive Director, Finance and Management Services Agency, 20 <br /> Civic Center plaza, M-17, Santa Ana, CA 92701. The name and location of the event <br /> should be included in the Description of Operations section of each certificate. <br /> Say-Insured Retentions <br /> Self-insured retentions must be declared to and approved by the City. The City may require the <br /> Contractor to purchase coverage with a lower retention or provide proof of ability to pay losses <br /> and 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 with a current <br /> A.M. Best's rating of no less than A:Vll, unless otherwise acceptable to the City. <br /> Verification of Coverage <br /> Contractor shall furnish the City with original certificates and amendatory endorsements(or copies <br /> of the applicable policy language effecting coverage required by this clause) and a copy of the <br /> Declarations and Endorsement Page of the CGL policy listing all policy endorsements to the City <br /> before work.begins. However,failure to obtain the required documents prior to the work beginning <br /> shall not waive the Contractor's obligation to provide them.The City reserves the right to require <br /> complete, certified copies of all required insurance policies, including endorsements required by <br /> these specifications, at any time. <br /> Claims Made Policies <br /> If any of the required policies provide claims-made coverage: <br /> 1. The Retroactive Date must be shown, and must be before the date of the contract or the <br /> beginning of contract work. <br /> 2. Insurance must be maintained and evidence of insurance must be provided for at least three(3) <br /> years after completion of the contract of work <br /> 3. If coverage is canceled or non-renewed,and not replaced with another claims-made policy form <br /> with a Retroactive Date prior to the contract effective date, the Contractor must purchase <br /> "extended reporting" coverage for a minimum of three (3) years after completion of work. <br /> Subcontractors <br /> Contractor shall require and verify that all sub-contractors maintain insurance meeting all the <br /> requirements stated herein, and Contractor shall ensure that City is an additional insured on <br /> insurance required from sub-contractors. <br /> Special Risks or Circumstances <br /> City reserves the right to modify these requirements, including limits, based on the nature of the <br /> risk, prior experience, insurer,coverage, or other special circumstances. <br /> Page 4 of 9 <br /> #2037350vl <br />