Determination of eligibility and project selection

A project shall be eligible to receive credit assistance under the TIFIA program if— To be eligible for assistance under the TIFIA program, a project shall satisfy applicable creditworthiness standards, which, at a minimum, shall include— Except as provided in subparagraph (B), a project under the TIFIA program shall have eligible project costs that are reasonably anticipated to equal or exceed the lesser of— Eligible project costs shall be reasonably anticipated to equal or exceed $10,000,000 in the case of a project or program of projects— The applicable Federal credit instrument shall be repayable, in whole or in part, from— A State, local government, agency or instrumentality of a State or local government, or public authority may submit to the Secretary an application under paragraph (4), under which a private party to a public-private partnership will be— The Secretary shall determine that financial assistance for the project under the TIFIA program will— In the case of a project to be carried out through a public-private partnership, the public partner shall have— The Secretary shall require each project applicant to provide a preliminary rating opinion letter from at least 1 rating agency— In addition to the requirements of this title for highway projects, the requirements of chapter 53 of title 49 for transit projects, the requirements of section 5333(a) of title 49 for rail projects, and the requirements of sections 47112(b) and 50101 of title 49 for airport-related projects, the following provisions of law shall apply to funds made available under the TIFIA program and projects assisted with those funds: Not later than 30 days after the date of receipt of an application under this section, the Secretary shall provide to the applicant a written notice to inform the applicant whether—