The Commission, in carrying out its obligations under the Act and these Regulations, shall—
(a) develop appropriate indicators of telecommunications access within Saint Lucia;
(b) identify appropriate targets for moving toward universal service nationwide within a reasonable time frame;
(c) determine, in consultation with ECTEL and the public and industry stakeholders, appropriate socio-economic criteria to identify the geographic areas, population groups, institutions and organizations that may be eligible to benefit from Fund projects;
(d) establish the mechanisms for proper management of the Fund;
(e) approve the application, qualification, and competitive bidding conditions for the awarding of funds under designated projects;
(f) evaluate and define the scope and terms of potential Fund projects;
(g) monitor Fund projects and enforce the terms of Fund project contracts;
(h) monitor and enforce the mechanism for the assessment, collection and recovery of the required contributions to the Fund;
(i) liaise and consult with the Minister and ECTEL to promote consistency between the operation of the Fund and national and regional telecommunications policies and take into account the policy of Government when determining which fund projects would receive funding in any given financial year;
(j) liaise and consult with telecommunications providers and other industry stakeholders on the status of telecommunications industry technologies, markets, and other relevant developments;
(k) consult with ECTEL, to determine whether sole source procurement can be used;
(l) issue Guidelines for the effective carrying out of the provisions of these Regulations; and
(m) implement the guidelines for the operation of the Fund.