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C. All insurance shall be purchased from an insurance company that meets a <br />financial rating of B+VI or better as assigned by A.M. Best Company or <br />equivalent. <br />D. The CONSULTANT shall notify CITY in writing at least thirty (30) days prior <br />to CONSULTANT cancelling or making any material change to any <br />coverage(s) provided in, or through, the insurance policies required under <br />this Section VIII. Failure by CONSULTANT to provide CITY the notice <br />required hereunder may, in the sole discretion of CITY, be deemed a <br />material breach of this Agreement. <br />IX. <br />Right to Inspect Records <br />CONSULTANT agrees that CITY shall have access to and the right to <br />examine any books, documents, papers and records of CONSULTANT involving <br />transactions relating to this Contract. CITY shall give CONSULTANT reasonable <br />advance notice of intended audits. <br />CONSULTANT further agrees to include in subcontract(s), if any, a <br />provision that any subcontractor agrees that CITY shall have access to and the <br />right to examine any directly pertinent books, documents, papers and records of <br />such sub -contractor involving transactions to the subcontract. CITY shall give <br />any such sub -contractor reasonable advance notice of intended audits. <br />X. <br />Successors and Assigns <br />CITY and CONSULTANT each bind themselves and their successors, <br />executors, administrators and assigns to the other party to this contract and to the <br />successors, executors, administrators and assigns of such other party in respect <br />to all covenants of this Contract. Neither CITY nor CONSULTANT shall assign or <br />transfer its interest herein without the prior written consent of the other. <br />Professional Services Contract <br />McDoux Preservation LLC Page 6 of 16 <br />