Whenever the department is the sole educational agency of the state pursuant to the provisions of Section 22-9-2 N.M. Stat. Ann., it may:

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A. enter into an agreement with the proper federal agency to procure for the state the benefits of the federal statute;

B. establish a state plan, if required by the federal statute, which meets the requirements of the federal statute to qualify the state for the benefits of the federal statute;

C. provide for reports to be made to the federal agency as may be required;

D. provide for reports to be made to the department or its representative from agencies receiving federal funds;

E. make surveys and studies in cooperation with other agencies to determine the needs of the state in the areas where the federal funds are to be applied;

F. establish standards to which agencies must conform in receiving federal funds;

and G. give technical advice and assistance to any local educational agency in connection with that agency obtaining federal funds.