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The above time and expense services apply to work billed during the term of this <br /> 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 to be performed <br />by persons other than the CLAIM ADMINISTRATOR should be billed directly to the <br />CITY. <br /> <br /> The CLAIM ADMINISTRATOR will submit its bills and payment by the CITY shall <br />be within a reasonable period of time, not to exceed thirty (30) days. The CLAIM ADMIN- <br />ISTRATOR bills incurred when the self-insured retention limit is penetrated will be <br />paid by the CITY unless it chooses to cancel representation by the CLAIM ADMINISTRA- <br />TOR prior thereto. In the event a claim is open three (3) months or exceeds three (3) <br /> <br />hours time, the CLAIM ADMINISTRATOR may submit an interim bill for payment. <br /> VI. TERM <br /> <br /> The term of this contract shall be from JULY 1~ 1987, to and including JUNE <br />30~ 1988. This contract shall be terminated by either party, for any reason, upon sixty <br />(60) days written notice. <br /> <br /> This contract may be renewed on a yearly basis subject to the same terms and <br />conditions, except that Paragraph V, PAYMENT FOR SERVICES, herein may be renegoti- <br />ated by the parties hereto. <br /> <br /> VII. CONFLICT OF INTEREST <br /> <br /> In the event the CLAIM ADMINISTRATOR receives a claim from the CITY in <br />which there arises a "conflict of interest," the CLAIM ADMINISTRATOR shall immedi- <br />ately notify the CITY. The CITY may then choose to hire another well-qualified claims <br /> <br />firm to handle that particular claim to a conclusion. <br /> VIII. INDEPENDENT CONTRACTOR <br /> <br /> In performing claims administrative services herein agreed upon, the CLAIM AD- <br />MINISTRATOR shall have the status of an independent contractor and shall not be deemed <br />to be an officer, employee, or agent of the CITY. <br /> <br /> -3- <br /> <br /> <br />