; and (B) shall be for a project that has eligible project costs that are reasonably anticipated to equal or exceed the lesser of— (i) $100,000,000; or (ii) in the case of a project— (I) located in 1 State, 30 percent of the amount apportioned under this chapter to the State in the most recently completed fiscal year; or (II) located in more than 1 State, 50 percent of the amount apportioned under this chapter to the participating State with the largest apportionment under this chapter in the most recently completed fiscal year. (2) Large projects For a project that has eligible project costs that are reasonably anticipated to equal or exceed $500,000,000, a grant made under this section— (A) shall be in an amount sufficient to fully fund the project, or in the case of a public transportation project, a minimum operable segment, in combination with other funding sources, including non-Federal financial commitment, identified in the application; and (B) may be awarded pursuant to the process under subsection (d), as necessary based on the amount of the grant. (d) Multiyear grant agreements for large projects (1) In general A large project that receives a grant under this section may be carried out through a multiyear grant agreement in accordance with this subsection. (2) Requirements A multiyear grant agreement for a large project shall— (A) establish the terms of participation by the Federal Government in the project; (B) establish the amount of Federal financial assistance for the project; (C) establish a schedule of anticipated Federal obligations for the project that provides for obligation of the full grant amount by not later than 4 fiscal years after the fiscal year in which the initial amount is provided; and (D) determine the period of time for completing the project, even if such period extends beyond the period of an authorization. (3) Special rules (A) In general A multiyear grant agreement under this subsection— (i) shall obligate an amount of available budget authority specified in law