; and (ii) in lieu of other financial covenants applicable to the obligor under this chapter with respect to requirements regarding long-term debt-to-equity, minimum working capital, or minimum amount of equity; and (E) represent the Secretary or Administrator to protect the security interests of the Government relating to an obligation guarantee. (2) Private sector expert Independent analysis, review, and representation conducted under this subsection shall be performed by a private sector expert in the applicable field who is selected by the Secretary or Administrator. (d) Vessels of National Interest (1) Notice of funding The Secretary or Administrator may post a notice in the Federal Register regarding the availability of funding for obligation guarantees under this chapter for the construction, reconstruction, or reconditioning of a Vessel of National Interest and include a timeline for the submission of applications for such vessels. (2) Vessel characteristics (A) In General The Secretary or Administrator, in consultation with the Secretary of Defense, the Secretary of Homeland Security, or the heads of other Federal agencies, shall develop and publish a list of vessel types that would be considered Vessels of National Interest. (B) Review Such list shall be reviewed and revised every 4 years or as necessary, as determined by the Administrator. . (d) Funding limits Section 53704 of title 46, United States Code, is amended— (1) in subsection (a)— (A) by striking that amount and all the follows through $850,000,000 and inserting that amount, $850,000,000 ; and (B) by striking facilities and all that follows through the end of the subsection and inserting facilities. ; and (2) in subsection (c)(4)— (A) by striking subparagraph (A)