### Question
What does covered project mean?


### Answer
**Covered project** has the following meaning in *49 U.S.C. § 311*:

> a project competitively selected by the Department to receive a discretionary grant award, letter of intent, loan commitment, loan guarantee commitment, or line of credit commitment in an amount equal to or greater than $750,000

#### Citation:
  - *49 U.S.C. § 311*
  - Heading: **SUBTITLE I-DEPARTMENT OF TRANSPORTATION > CHAPTER 3-GENERAL DUTIES AND POWERS > SUBCHAPTER I-DUTIES OF THE SECRETARY OF TRANSPORTATION**

