Respondent must be able to provide risk management and insurance consulting services to the Borough as required by the Bylaws of the New Jersey Municipal Self Insured Joint Insurance Fund (hereinafter "the fund"), including, but not limited to: assisting the Borough in identifying its insurable exposures and recommending professional methods to reduce, assume or transfer the risk of loss; assisting the Borough in understanding and selecting the various coverages available from the Fund; reviewing with the Borough any additional coverages that the Respondent feels should be carried but are not available from the Fund and, subject to the Borough's authorization, placing such coverages outside the Fund; assisting the Borough in the preparation of the Fund application