COV = Cascade Overflow Valve
It provides lubrication to the CP3 pump, regulates fuel pressure to the FCA (Fuel Control Actuator), and controls the fuel return to the tank. Basically if the COV is bad you can have too much fuel return and not enough going to the rail, or have too much/not enough fuel going to the FCA. It might have more or less functions than that but that's how I understand it. My bottom (stock) CP3 is untouched and original so this very well could be the problem.
It provides lubrication to the CP3 pump, regulates fuel pressure to the FCA (Fuel Control Actuator), and controls the fuel return to the tank. Basically if the COV is bad you can have too much fuel return and not enough going to the rail, or have too much/not enough fuel going to the FCA. It might have more or less functions than that but that's how I understand it. My bottom (stock) CP3 is untouched and original so this very well could be the problem.