Major capital project
Except as provided in 633.19, Major capital project means a project that:
(1) Involves the construction, expansion, rehabilitation, or modernization of a fixed guideway that:
(i) Has a total project cost of $300 million or more and receives Federal funds of $100 million or more; and
(ii) Is not exclusively for the acquisition, maintenance, or rehabilitation of vehicles or other rolling stock; or
(2) The Administrator determines to be a major capital project because project management oversight under this part will benefit the Federal government or the recipient, and the project is not exclusively for the acquisition, maintenance, or rehabilitation of rolling stock or other vehicles. Typically, this means a project that:
(i) Involves new technology;
(ii) Is of a unique nature for the recipient; or
(iii) Involves a recipient whose past record indicates the appropriateness of extending project management oversight under this part.