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D. During the entire term of this Agreement, and for 3 years after substantial completion, , the Consultant shall procure, maintain and pay for professional liability insurance, satisfactory to the City, which insures the payment of damages for liability caused by the perf Consultant, if such liability is caused by any negligent act, error or omission of the insured or any person or organization for whom the insured is liable. Said policy shall provide an aggregate limit of at least $2,000,000.00. Said policy shall not name the City as an insured. E. The Consultant shall maintain in effect all insurance coverages required under this Provision 18 at sole expense and with insurance companies licensed to do business in the state in Minnesota and having a current A.M. Best rating of no less than A-, unless otherwise agreed to by the City in writing. In addition to the requirements stated above, the following applies to the insurance policies required under this Provision: (i) All policies, except the Professional Liability Insurance Policy, shall be acceptable); (ii) All policies, except the Professional Liability Insurance Policy and the additional insured; (iii) Compensation Policies, shall contain a waiver of subrogati City of (iv) All policies, except the Professional Liability Insurance Policy and the obligations assumed by Consultant under this Agreement; and (v) All policies shall contain a provision that coverages afforded thereunder shall not be canceled or non-renewed or restrictive modifications added, without thirty (30) days prior written notice to the City. A copy of: (i) a certification of insurance satisfactory to the City, and (ii) if requested, the insurance declaration page, riders and/or endorsements, as applicable, which evidences the compliance with this Paragraph 18, must be filed with the City evidencing insurance shall be in a form acceptable to the City and shall provide satisfactory evidence that the Consultant has complied with all insurance requirements. Renewal certificates shall be provided to the City at least 30 days prior to the expiration date of any of the required policies. The City will not be obligated, however, to review such declaration page, riders, endorsements or certificates or other evidence of insurance, or to advise RS160\\1\\857712.v1 6