7. Identification of projects to fund. When identifying the projects to be funded by the Universal Service Fund, the Commission— (a) Shall promote the establishment of efficient, self-sustaining projects, that will expand access to communications systems and services on their own initiative and with minimal funding; (b) May support projects that are not economically feasible without support of the Fund; (c) May support projects to the extent necessary to create adequate economic incentives for investors. 8. Management of the Fund. Pursuant to section 84J of the Act, the Commission shall collect and disburse the funds of the Fund in accordance with the Act and— (a) Establish administrative mechanisms, systems and structures for proper management of the Universal Service Fund; (b) Supervise and provide broad policy directions for the management of the Fund and Universal Service Programs; (c) Develop specific indicators of communications access; (d) as far as practicable, apply a competitive selection process to select beneficiaries of the Fund; (e) Develop appropriate socio-economic criteria for identifying the geographical areas, population groups, institutions and organizations that may be eligible to benefit from the Fund; (f) Develop criteria for evaluating project proposals for funding; (g) Monitor and evaluate the fund projects; and (h) Formulate the annual operating plans of the Fund.