; (ii) each proposed local source of capital and operating financing is stable, reliable, and available within the proposed project timetable; (iii) an applicant certifies that local resources are available to recapitalize, maintain, and operate the overall existing and proposed public transportation system, including essential feeder bus and other services necessary to achieve the projected ridership levels without requiring a reduction in existing public transportation services or level of service to operate the project; and (iv) an executed full funding grant agreement has at least 75 percent of local financial commitment committed and the remaining percentage budgeted for the proposed purposes. (B) Considerations In assessing the stability, reliability, and availability of proposed sources of local financing for purposes of subsection (d)(2)(A)(iv) or (e)(2)(A)(v), the Secretary shall consider— (i) the reliability of the forecasting methods used to estimate costs and revenues made by the recipient and the contractors to the recipient; (ii) existing grant commitments; (iii) any debt obligation that exists, or is proposed by the recipient, for the proposed project or other public transportation purpose; and (iv) private contributions to the project, including cost-effective project delivery, management or transfer of project risks, expedited project schedule, financial partnering, and other public-private partnership strategies. (4) Contingency share For purposes of paragraph (1)(A), the Secretary shall provide 50 percent of the recommended contingency established by the project management oversight contractor under section 5327 in addition to the grant amount set in subsection (k)(2)(C)(ii). ; (7) in subsection (g)— (A) in paragraph (2)(A) by striking degree of local financial commitment and inserting criteria in subsection (f) each place it appears