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4.3.2 Claims-made limitations. The following provisions shall apply if the <br />professional liability coverage is written on a claims-made form: <br />a. The retroactive date of the policy must be shown and must be <br />before the date of the Agreement. <br />b. Insurance must be maintained and- evidence of insurance must be <br />provided for at least two years after completion of the Agreement <br />or the work, so long as commercially available at reasonable rates. <br />c. If coverage is canceled or not renewed and it is not replaced with <br />another claims-made policy form with a retroactive date that <br />precedes the date of this Agreement, Consultant must provide <br />extended reporting coverage for a minimum of two years after <br />completion of the Agreement or the work. The City shall have the <br />right to exercise, at the Consultant's sole cost and expense, any <br />extended reporting provisions of the policy, if the Consultant <br />cancels or does not renew the coverage. <br />d. A copy of the claim reporting requirements must be submitted to <br />the City prior to the commencement of any work under this <br />Agreement. <br />4.4 All Policies Requirements. <br />4.4.1 Acceptability of insurers. All insurance required by this section is to be <br />placed with insurers with a Bests' rating of no less than A:VII. <br />4.4.2 Verification of coverage. Prior to beginning any work under this <br />Agreement, Consultant shall furnish City with complete certified <br />certificates of insurance, including all endorsements required herein. All <br />certificates of endorsements shall show the signature of a person <br />authorized by that insurer to bind coverage on its behalf. <br />4.4.3 Notice of Reduction in or Cancellation of Coverage. A certified <br />endorsement shall be attached to all insurance obtained pursuant to this <br />Agreement stating that coverage shall not be suspended, voided, or <br />canceled by either Party, or reduced in coverage or in limits, except after <br />thirty (30) days' prior written notice by certified mail, return receipt <br />requested, has been given to the City. In the event that any coverage <br />required by this section is reduced, limited, cancelled, or materially <br />affected in any other manner resulting in non-compliance with Section 4 - <br />Insurance, Consultant shall provide written notice to City at Consultant's <br />earliest possible opportunity and in no case later than ten (10) working <br />days after Consultant is notified of the change in coverage. <br />Consulting Services Agreement between September 2008 <br />City of San Leandro and CH2M HILL Page Sof 21 <br />