; (ii) is for the major, non-recurring maintenance of a mission-critical asset; and (iii) is not eligible to be carried out or funded under the repayment provisions of section 4(c) of the Reclamation Safety of Dams Act of 1978 ( 43 U.S.C. 508(c) ). (C) Guidelines for applications Not later than 60 days after the date of enactment of this subsection, the Secretary shall issue guidelines describing the information required to be provided in an application for funds and extended repayment under this subsection that require, at a minimum— (i) a description of the project for which the funds are requested; (ii) the amount of funds requested; (iii) the repayment period requested by the transferred works operating entity or project beneficiary responsible for repayment of reimbursable costs; (iv) the financial justification for requesting an extended repayment period; and (v) the financial records of the transferred works operating entity or project beneficiary responsible for repayment of reimbursable costs. (D) Review by the Secretary The Secretary shall review each application submitted under subparagraph (A)— (i) to determine whether the project is eligible for funds and an extended repayment period under this subsection; (ii) to determine if the project has been identified by the Bureau of Reclamation as part of the major rehabilitation and replacement of a project facility; and (iii) to conduct a financial analysis of— (I) the project; and (II) the transferred works operating entity or project beneficiary responsible for repayment of reimbursable costs. (5) Report Not later than 90 days after the date on which an application period closes under paragraph (4)(A), the Secretary shall submit to the Committees on Energy and Natural Resources and Appropriations of the Senate and the Committees on Natural Resources and Appropriations of the House of Representatives a report that— (A) identifies each project eligible for funds and extended repayment under this subsection