ML030760267

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Insurance Status
ML030760267
Person / Time
Site: Browns Ferry, Watts Bar, Sequoyah  Tennessee Valley Authority icon.png
Issue date: 03/12/2003
From: Burzynski M
Tennessee Valley Authority
To:
Document Control Desk, Office of Nuclear Reactor Regulation
References
Download: ML030760267 (3)


Text

Tennessee Valley Authority, 1101 Market Street, Chattanooga, Tennessee 37402-2801 March 12, 2003 10 CFR 50.54(w)

U.S. Nuclear Regulatory Commission ATTN:

Document Control Desk Washington, D.C. 20555-0001 Gentlemen:

In the Matter of

)

Docket Nos.

50-259 50-327 Tennessee Valley Authority

)

50-260 50-328 50-296 50-390 50-391 BROWNS FERRY (BFN),

SEQUOYAH (SQN),

AND WATTS BAR (WBN)

NUCLEAR PLANTS -

INSURANCE STATUS Federal Regulation 10 CFR 50.54(w) requires power reactor licensees for production facilities to take reasonable steps to obtain property damage insurance at a minimum coverage limit for the reactor station site of either 1.06 billion dollars, or whatever amount of insurance is generally available from private sources, whichever is less.

This regulation also requires each licensee to verify and report annually, on April 1, its compliance with this nuclear property insurance requirement.

In accordance with this regulation, we have purchased onsite property damage insurance for BFN,

SQN, and WBN.

Enclosed for your information is the status of our property insurance coverage for these facilities.

If you have any questions, please contact me at (423) 751-2508.

Sincerely, Mark Buerz ynski Manager Nuclear Licensing Enclosure cc:

See page 2 (Dol Pnnted w, mcycWe paWr 0

U.S. Nuclear Regulatory Commission Page 2 March 12, 2003 cc (Enclosure):

Mr. Raj K. Anand, Project Manager Nuclear Regulatory Commission MS 08G9 One White Flint, North 11555 Rockville Pike Rockville, Maryland 20852-2739 Mr.

Kahtan N. Jabbour, Senior Project Manager U.S. Nuclear Regulatory Commission MS 08G9 One White Flint, North 11555 Rockville Pike Rockville, Maryland 20852-2739 U.S. Nuclear Regulatory Commission Region II Sam Nunn Atlanta Federal Center 61 Forsyth St.,

SW, Suite 23T85 Atlanta, Georgia 30303-8931 NRC Senior Resident Inspector Browns Ferry Nuclear Plant 10833 Shaw Road Athens, Alabama 35611 NRC Senior Resident Inspector Sequoyah Nuclear Plant 2600 Igou Ferry Road Soddy-Daisy, Tennessee 37379 NRC Senior Resident Inspector Watts Bar Nuclear Plant 1260 Nuclear Plant Road Spring City, Tennessee 37381

ENCLOSURE Nuclear Property and Decontamination Liability Insurance Annual Report to NRC Coverage Limit Browns Ferry Nuclear Plant Nuclear Electric Insurance Ltd. (NEIL)

NEIL NEIL Sequoyah Nuclear Plant NEIL NEIL NEIL Watts Bar Nuclear Plant NEIL NEIL NEIL

$500 million

$560 million in excess of $500 million

$1 billion in excess of $1.06 billion

$500 million

$560 million in excess of $500 million

$1 billion in excess of $1.06 billion

$500 million

$560 million in excess of $500 million

$1 billion in excess of $1.06 billion Insurance Carrier Policy Number P02-033 X02-048 BX02-009 P02-043 X02-049 BX02-009 P02-060 X02-085 BX02-009