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<br />hereunder shall name City and Agency and their respective officers, officials, agents, <br />employees, and representatives as additional insureds. Builder's Risk and property <br />insurance shall name Agency and City as loss payees as their interests may appear. <br />Prior to commencement of construction, Borrower shall furnish Agency with certificates <br />of insurance in form acceptable to Agency evidencing the required insurance coverage <br />and duly executed endorsements evidencing such additional insured status. The <br />certificates shall contain a statement of obligation on the part of the carrier to notify City <br />and Agency of any material change, cancellation, termination or non-renewal of the <br />coverage at least thirty (30) days in advance of the effective date of any such material <br />change, cancellation, termination or non-renewal. Coverage provided by Borrower shall <br />be primary insurance and shall not be contributing with any insurance, or self-insurance <br />maintained by Agency or City, and the policies shall so provide. The insurance policies <br />shall contain a waiver of subrogation for the benefit of the City and Agency. Borrower <br />shall furnish the required certificates and endorsements to Agency within the time <br />provided in the Schedule of Performance, and shall provide Agency with certified copies <br />of the required insurance policies upon request of Agency. <br /> <br />809163-1 <br /> <br />29 <br />