As used in this article, the following terms shall have the
meanings indicated:
INSURANCE
Includes the purchase of insurance coverages, alternatives
to insurance such as self-insurance programs, as well as participation
in a joint self-insurance fund, risk management program or related
services provided by a contracting unit insurance group, or participation
in an insurance fund established by a local unit pursuant to N.J.S.A.
40A:10-6, or a joint insurance fund established pursuant to N.J.S.A.
40A:10-36 et seq.
INSURANCE CONSULTING SERVICES
Includes all services associated with procuring, evaluating
and administering insurance, including but not limited to brokerage,
risk management or administrative services, and claims processing
or administration services, including such services provided by a
contracting unit insurance group, or an insurance fund established
by a local unit pursuant to N.J.S.A. 40A:10-6, or a joint insurance
fund established pursuant to N.J.S.A. 40A:10-36 et seq.
PROFESSIONAL SERVICES
As defined at N.J.S.A. 40A:11-2(6), services rendered or
performed by a person authorized by law to practice a recognized profession,
whose practice is regulated by law, and the performance of which services
requires knowledge of an advanced type in a field of learning acquired
by a prolonged formal course of specialized instruction and study
as distinguished from general academic instruction or apprenticeship
and training. For purposes of this article, however, professional
services shall not include professional artistic services as defined
at N.J.S.A. 40A:11-2(6). Counseling, medical and legal services shall
be excluded when following the competitive process would cause a harmful
delay. Professional services shall include financial services or insurance
services.