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<br />6.5.3 Additional Requirements. A certified endorsement to include contractual liability shall <br />be included in the policy. <br /> <br />6.5.4 Submittal Requirements. To comply with Subsection 4.4, Consultant shall submit the <br />Certificate of Liability Insurance in the amounts specified in the section. <br /> <br /> <br /> <br />6.6 All Policies Requirements. <br /> <br />6.6.1 Acceptability of Insurers. All insurance required by this section is to be placed with <br />insurers with a Bests' rating of no less than A:VII. <br /> <br />6.6.2 Verification of Coverage. Prior to beginning any work under this Agreement, <br />Subrecipient shall furnish City with complete copies of all certificates of insurance delivered to <br />Subrecipient by the insurer, including complete copies of all endorsements attached to the policies. All <br />copies of certificates of insurance and certified endorsements shall show the signature of a person <br />authorized by that insurer to bind coverage on its behalf. If the City does not receive the required <br />insurance documents prior to the Subrecipient beginning work, it shall not waive the Subrecipient’s <br />obligation to provide them. The City reserves the right to require complete copies of all required insurance <br />policies at any time. <br /> <br />6.6.3 Deductibles and Self-Insured Retentions. Subrecipient shall disclose to and obtain the <br />written approval of City for the self-insured retentions and deductibles before beginning any of the <br />services or work called for by any term of this Agreement. At the option of the City, either: the insurer <br />shall reduce or eliminate such deductibles or self-insured retentions as respects the City, its officers, <br />employees, and volunteers; or the Subrecipient shall provide a financial guarantee satisfactory to the City <br />guaranteeing payment of losses and related investigations, claim administration and defense expenses. <br /> <br />6.6.4 Wasting Policies. No policy required by this Section 6 shall include a “wasting” policy <br />limit (i.e. limit that is eroded by the cost of defense). <br /> <br />6.6.5 Endorsement Requirements. Each insurance policy required by Section 6 shall be <br />endorsed to state that coverage shall not be canceled by either party, except after 30 days’ prior written <br />notice has been provided to the City. <br /> <br />6.6.6 Subcontractors. Subrecipient shall include all subcontractors as insureds under its <br />policies or shall furnish separate certificates and certified endorsements for each subcontractor. All <br />coverages for subcontractors shall be subject to all of the requirements stated herein. <br /> <br />6.7 Submittal of Proof of Insurance Coverage. All certificates of insurance and original <br />endorsements effecting coverage required in this Section 6 must be electronically submitted through the <br />City’s online insurance document management program, PINS Advantage. Contractor shall comply with <br />all requirements provided by City related to the PINS Advantage program. <br /> <br />6.8 Remedies. In addition to any other remedies City may have if Subrecipient fails to provide <br />or maintain any insurance policies or policy endorsements to the extent and within the time herein <br />required, City may, at its sole option exercise any of the following remedies, which are alternatives to <br />other remedies City may have and are not the exclusive remedy for Subrecipient’s breach: <br /> <br /> a. Obtain such insurance and deduct and retain the amount of the premiums for such <br />insurance from any sums due under the Agreement; <br /> <br /> b. Order Subrecipient to stop work under this Agreement or withhold any payment <br />that becomes due to Subrecipient hereunder, o r both stop work and withhold any payment, until <br />Subrecipient demonstrates compliance with the requirements hereof; and/or <br /> <br />DocuSign Envelope ID: 95D25B34-6086-4A29-8612-90AA0E4C1962