; and (B) any amounts deposited in the Account under paragraph (3)(B). (2) Expenditures Subject to appropriations and paragraph (3), the Secretary may expend amounts in the Account to fund and provide for extended repayment of the funds for eligible projects at transferred works identified in a report submitted under paragraph (5)(A). (3) Repayment contract (A) In general The Secretary may not expend amounts under paragraph (2) with respect to an eligible project described in that paragraph unless the transferred works operating entity or project beneficiary responsible for repayment of reimbursable costs has entered into a contract to repay the amounts under subsection (b)(2). (B) Deposit of repaid funds Amounts repaid by a transferred works operating entity or project beneficiary responsible for repayment of reimbursable costs receiving funds under a repayment contract entered into under this subsection shall be deposited in the Account without further appropriation. (4) Application for funding (A) In General Not less than once per fiscal year, the Secretary shall accept, during an application period established by the Secretary, applications from transferred works operating entities or project beneficiaries responsible for payment of reimbursable costs for funds and extended repayment for eligible projects. (B) Eligible project A project eligible for funds and extended repayment under this subsection is a project that— (i) qualifies as an extraordinary operation and maintenance work under this section; (ii) is for the major, non-recurring maintenance of a mission-critical asset