§ 145. Study and report. The state procurement council established pursuant to § 161 of the state finance law, in consultation with the council on contracting agencies established pursuant to executive order 4.125 dated May twenty-second, nineteen hundred eighty-nine, shall study and report by September first, two thousand nine to the governor, the legislature and the director of the budget with recommendations on implementation of a statewide electronic procurement opportunity notification system, including, but not limited to:

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1. plans and a timetable for further integration of existing agency systems of bidder registration and procurement opportunity notification with the procurement opportunities newsletter established pursuant to this article;

2. electronic submission of bids and proposals; auctions and reverse auctions; electronic availability of plans and specifications;

3. feasibility of using open standards software applications for a statewide electronic procurement opportunity notification system;

4. costs and funding models for a statewide electronic procurement opportunity notification system;

5. additional information to be included to increase the transparency and utility of the system, including without limitation, notices by the comptroller of progress payments made to prime contractors, and minority and women-owned business enterprises utilization plans and waivers granted pursuant to Article 15-A of the executive law.