Section 1299-T. Contracts

The  authority  shall  promulgate  regulations
  pursuant to the state administrative procedure act governing  the  award
  of  all  contracts for public work and all purchase contracts, including
  the procurement  of  supplies,  material  and  equipment;  personal  and
  professional  service  contracts;  emergency purchases; and advertising.
  Prior to promulgating such regulations, the authority shall  submit  the
  proposed  regulations  for  comment  to the chief executive officers and
  county legislatures of Erie county and  Niagara  county.  The  authority
  shall  also  establish  internal controls necessary to insure compliance
  with these regulations. The authority shall retain independent  auditors
  to analyze and evaluate the effectiveness of such internal controls.