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that is in whole or in part by or for the CLAIM ADMINISTRATOR is the property <br />of the CLAIM ADMINISTRATOR and must be maintained by the CLAIM ADMINISTRATOR <br />in accordance with Title 10, Article 6, Section 2691.14, of the California <br />Administrative Code. Additional copies of original reports, documents, and <br />data requested by the CITY will be at the CITY'S expense in accordance with <br />this agreement. <br /> <br /> IV. DENIALr COMPROMISEr OR SETTr. RMENT OF CLAIMS <br /> <br /> It is agreed that the CITY has designated $1,000.00 authority to the <br />CLAIM ADMINISTRATOR for the purpose of compromising and/or settling any claims <br />against the CITY being handled by the CLAIM ADMINISTRATOR. Prior approval <br />to compromise or settle any claim will be obtained from the designated CITY <br /> <br />officer or employee on matters exceeding $1,000.00. <br /> V. PA~9~N'I' FOR SlURVICES <br /> <br /> Annual Claims Administration fee is $2e400.00. Time and expense charges <br />will be incurred only when necessarily required in the form of adjuste~'s <br />fees. Time and expense fees at the inception of the contract will be as <br />follows: <br /> <br /> (a) Adjuster's Fee: $36.00 per hour <br /> (b) Mileage: 40¢ per mile, with probable increase during <br /> contract based upon cost to operate a compact vehicle <br /> (c) Stenographic and Office Overhead: 30% of hourly rate <br /> (Minimum $22.50) <br /> (d) Telephone Expense: 9% of hourly rate <br /> (e) Photographic Expense: $2.00 per colored print <br /> (f) Photocopy Expense: 30¢ per page <br /> (g) Insurance: 2%% of hourly rate <br /> (h) Videotaping Service: $50.00 per hour plus $10.00 videotape <br /> charge <br /> <br /> The above time and expense services apply to work billed during the <br />term of this contract. <br /> <br /> IT IS AGREED AND UNDERSTOOD that, whenever practical, any attorney fees, <br />court costs, cost of outside experts, and other costs related to services <br />to be performed by persons other than the CLAIM ADMINISTRATOR should be billed <br />directly to the CITY. <br /> <br /> The CLAIM ADMINISTRATOR will submit its bills and payment by the CITY <br />shall be within a reasonable period of time, not to exceed thirty (30) days. <br />The CLAIM ADMINISTRATOR bills incurred when the self-insured retention limit <br />is penetrated will be paid by the CITY unless it chooses to cancel repre- <br />sentation by the CLAIM ADMINISTRATOR prior thereto. In the event a claim <br /> <br /> -2- <br /> <br /> <br />