; (vi) provide opportunities for competitive contracts and grants for demonstration projects to design, develop, integrate, deploy, maintain, and support components of the System; (vii) establish and maintain efficient and effective administrative procedures for allocation of funds among contractors, grantees, and non-Federal assets, including regional associations in a timely manner; (viii) develop and implement a process for the periodic review and evaluation of the Regional Coastal Observing Systems; (ix) formulate an annual process by which gaps in observation coverage or needs for capital improvements of Federal assets and non-Federal assets of the System are— (I) identified by the regional associations described in the System Plan, the Administrator, or other members of the System; and (II) submitted to the Interagency Ocean Observing Committee; (x) develop and be responsible for a data management and communication system, in accordance with standards and protocols established by the Interagency Ocean Observing Committee, by which all data collected by the System regarding ocean and coastal waters of the United States including the Great Lakes, are processed, stored, integrated, and made available to all end-user communities; (xi) not less frequently than once each year, submit to the Interagency Ocean Observing Observation Committee a report on the accomplishments, operational needs, and performance of the System to contribute to the annual and long-term plans prepared pursuant to paragraph (2)(B)(i); (xii) develop and periodically update a plan to efficiently integrate into the System new, innovative, or emerging technologies that have been demonstrated to be useful to the System and which will fulfill the purposes of this chapter and the System Plan