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. : • <br /> Neither the Agency nor the City or any of their insurers shall be required to contribute to <br /> any loss. This policy contains a severability of interest clause. The issuing company shall <br /> mail thirty (30) days advance notice to the City of any policy cancellation, termination or <br /> reduction in the amount of coverage." <br /> 20.7. Additionally, the certificate of insurance shall state if any claim has been paid or is <br /> currently pending under the policy, and if so, the amount of the claim(s) and the amount of <br /> liability limits as lowered by the paid or pending claim(s). Any deductibles or self-insured <br /> retentions shall be set forth on the certificate and shall be subject to City's review and <br /> approval. <br /> 20.8. Workers' Compensation Insurance. RCIA understands and agrees that all persons <br /> furnishing services to RCIA under this Agreement are, for the purpose of workers' <br /> compensation liability, employees solely of RCIA and not of City. RCIA shall bear the <br /> sole responsibility and liability for furnishing workers' compensation benefits to its <br /> employees, or anyone it directly or indirectly employs, for injuries arising out of or <br /> connected with services performed on behalf of RCIA. <br /> 20.9. At its own expense, RCIA shall obtain, pay for, and maintain for the duration of the <br /> Agreement, complete workers' compensation insurance. RCIA shall provide proof of <br /> workers' compensation coverage by delivering to City either an insurance certificate or a <br /> certificate of consent to self-insure. The City shall not be responsible for any claims at <br /> law or in equity caused by RCIA's failure to comply with this paragraph. All workers' <br /> compensation insurance policies shall bear an endorsement, or shall attach a rider, which <br /> provides that the insurer will notify City, by registered mail, at least thirty (30) days in <br /> advance of the policy's expiration, termination or cancellation. <br /> 20.10.RCIA's Failure to Obtain, Pay For, or Maintain Insurance. RCIA shall deliver to City the <br /> required certificate(s) of insurance and endorsement(s) to the City within thirty (30) days <br /> of the first transfer of funds under this Agreement. RCIA's failure to obtain, pay for, or <br /> maintain any required insurance shall constitute a material breach upon which City may <br /> immediatelv terminate or suspend this Agreement. In the event of any termination or <br /> suspension, City may use the services of another consultant or consultants, without City <br /> incurring any liability to RCIA. At its sole discretion, City may obtain or renew RCIA's <br /> insurance, and City may pay all or part of the premiums. Upon demand, RCIA shall pay <br /> City all monies paid to obtain or renew the insurance. City may offset the cost of the <br /> premium against any monies due RCIA from City. <br /> 21. Laws. RCIA shall comply with all laws, statutes, ordinances, rules and regulations of all <br /> applicable governmental authorities. <br /> ATTY/AGR/2015.002/RWC CBID OPERATING AGREEMENT <br /> REV:O1-05-2015 PT <br /> Page 14 of 19 <br />