; (ii) to the maximum extent practicable and consistent with long-term self-sufficiency, weigh the portfolio of investments in projects to advance goals developed by the Secretary under section 102; and (iii) consistent with the expected loan loss reserve established under this paragraph, provide the maximum practicable percentage of support to promote breakthrough technologies. (E) Loss rate review (i) In general The Board of Directors shall review on an annual basis the loss rates of the portfolio to determine the adequacy of the reserves. (ii) Report Not later than 90 days after the date of the initiation of each review under clause (i), the Administrator shall submit to the Committee on Energy and Commerce of the House of Representatives and the Committee on Energy and Natural Resources of the Senate a report describing the results of the review and any recommended policy changes. (4) Application review (A) In general To the maximum extent practicable and consistent with sound business practices, the Administration shall seek to consolidate reviews of applications for credit support under this subtitle such that final decisions on applications can be issued not later than 180 days after the date of submission of a completed application. (B) Environmental review In carrying out this subtitle, the Administration shall, to the maximum extent practicable— (i) avoid duplicating efforts that have already been undertaken by other agencies, including State agencies acting under Federal programs; and (ii) with the advice of the Council on Environmental Quality and any other applicable agencies, use the administrative records of similar reviews conducted throughout the executive branch to develop the most expeditious review process practicable. (5) Wage rate requirements With respect to the labor standards specified in this section, the Secretary of Labor shall have the authority and functions set forth in Reorganization Plan Numbered 14 of 1950 (64 Stat. 1267