(a) In this section, "department" means the Department of Information Resources.
(b) The department and the comptroller shall establish a committee composed of essential personnel of the department and the comptroller to:
(1) identify:
(A) areas of overlap in the procurement functions of the department and the comptroller and methods to avoid duplication of services;
(B) mutually beneficial contracting and procurement methodologies, data collection and management techniques, and customer relations management;
(C) opportunities for collaboration on procurement functions that would benefit the state or other customers; and
(D) opportunities for consolidation of administrative or other functions to improve customer service and reduce operating costs; and
(2) develop:
(A) a standardized method for the department and the comptroller to:
(i) collect and analyze spending data relating to procurement contracts; and
(ii) benchmark and quantitatively measure cost savings and increased administrative efficiency resulting from collaboration and cooperative purchasing; and
(B) strategies that encourage coordination between the department and the comptroller relating to procurement functions.
(c) The committee may appoint advisory members as appropriate to assist the committee.