ML022250809

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Submission of 2001 Financial Statements Financial Assurance for Decommissioning - General Atomics (Tac Nos. MB4728 and MB4729)
ML022250809
Person / Time
Site: General Atomics
Issue date: 09/16/2002
From: Alexander Adams
NRC/NRR/DRIP/RORP
To: Asmussen K
General Atomics
ADAMs A, NRC/N RR/DRIP/Rorp, 415-1127
References
TAC MB4728, TAC MB4729
Download: ML022250809 (3)


Text

September 16, 2002 Dr. Keith E. Asmussen Director, Licensing, Safety and Nuclear Compliance General Atomics P.O. Box 85608 San Diego, CA 92186-9784

SUBJECT:

SUBMISSION OF 2001 FINANCIAL STATEMENTS RE: FINANCIAL ASSURANCE FOR DECOMMISSIONING - GENERAL ATOMICS (TAC NOS. MB4728 AND MB4729)

Dear Dr. Asmussen:

By letter dated March 29, 2002, General Atomics (GA) submitted to the U.S. Nuclear Regulatory Commission (NRC) the revised financial statements, financial test data, and a special auditors report and reconciling schedule of General Atomic Technology Corporation (GATC), the parent corporation of GA. These statements were submitted in accordance with a commitment made by GATC as part of an alternate method of compliance, agreed to by NRC, with the financial assurance requirements for decommissioning.

Our review of the information confirmed that GATC does not meet the regulations to provide a parent company guarantee and that the alternate method of compliance remains necessary.

Our review also concludes that GA has provided adequate financial assurance pursuant to the conditions of the alternate compliance method agreed to by NRC.

If you have any questions, please call me at 301-415-1127.

Sincerely,

/RA/

Alexander Adams, Jr., Senior Project Manager Research and Test Reactors Section Operating Reactor Improvements Program Division of Regulatory Improvement Programs Office of Nuclear Reactor Regulation Docket Nos. 50-89 and 50-163 cc: Please see next page

General Atomics Docket No. 50-89/163 cc:

Mr. Steve Hsu Radiologic Health Branch State Department of Health Service P.O. Box 942732 Sacramento, CA 94234-7320 Mr. John Greenwood General Atomics 3550 General Atomics Courts P.O. Box 85608 San Diego, CA 92186-9784

September 16, 2002 Dr. Keith E. Asmussen Director, Licensing, Safety and Nuclear Compliance General Atomics P.O. Box 85608 San Diego, CA 92186-9784

SUBJECT:

SUBMISSION OF 2001 FINANCIAL STATEMENTS RE: FINANCIAL ASSURANCE FOR DECOMMISSIONING - GENERAL ATOMICS (TAC NOS. MB4728 AND MB4729)

Dear Dr. Asmussen:

By letter dated March 29, 2002, General Atomics (GA) submitted to the U.S. Nuclear Regulatory Commission (NRC) the revised financial statements, financial test data, and a special auditors report and reconciling schedule of General Atomic Technology Corporation (GATC), the parent corporation of GA. These statements were submitted in accordance with a commitment made by GATC as part of an alternate method of compliance, agreed to by NRC, with the financial assurance requirements for decommissioning.

Our review of the information confirmed that GATC does not meet the regulations to provide a parent company guarantee and that the alternate method of compliance remains necessary.

Our review also concludes that GA has provided adequate financial assurance pursuant to the conditions of the alternate compliance method agreed to by NRC.

If you have any questions, please call me at 301-415-1127.

Sincerely,

/RA/

Alexander Adams, Jr., Senior Project Manager Research and Test Reactors Section Operating Reactor Improvements Program Division of Regulatory Improvement Programs Office of Nuclear Reactor Regulation Docket Nos. 50-89 and 50-163 cc: Please see next page DISTRIBUTION:

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