ML041750471

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Submission of 2003 Financial Statements Financial Assurance for Decommissioning - General Atomics
ML041750471
Person / Time
Site: General Atomics
Issue date: 06/25/2004
From: Alexander Adams
NRC/NRR/DRIP/RNRP
To: Asmussen K
General Atomics
Adams A, NRC/N RR/DRIP/RNRP, 415-1127
References
TAC MC2713, TAC MC2714
Download: ML041750471 (2)


Text

June 25, 2004 Dr. Keith E. Asmussen Director, Licensing, Safety and Nuclear Compliance General Atomics P.O. Box 85608 San Diego, CA 92186-9784

SUBJECT:

SUBMISSION OF 2003 FINANCIAL STATEMENTS RE: FINANCIAL ASSURANCE FOR DECOMMISSIONING - GENERAL ATOMICS (TAC NOS. MC2713 AND MC2714)

Dear Dr. Asmussen:

By letter dated March 31, 2004, General Atomics (GA) submitted to the U.S. Nuclear Regulatory Commission (NRC) the financial statements, financial test data, and a special auditors report and an annual schedule for reconciling the finances 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 New, Research and Test Reactors 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 Dr. Keith E. Asmussen, Director Licensing, Safety, and Nuclear Compliance General Atomics P.O. Box 85608 San Diego, CA 92186-9784 Mr. Ruben Develasco, Manager Decommissioning Project General Atomics P.O. Box 85608 San Diego, CA 92186-9784 Mr. John Greenwood General Atomics 3550 General Atomics Courts P.O. Box 85608 San Diego, CA 92186-9784 TRTR Newsletter Department of Nuclear Engineering Sciences University of Florida 202 Nuclear Sciences Center Gainesville, FL 32611

June 25, 2004 Dr. Keith E. Asmussen Director, Licensing, Safety and Nuclear Compliance General Atomics P.O. Box 85608 San Diego, CA 92186-9784

SUBJECT:

SUBMISSION OF 2003 FINANCIAL STATEMENTS RE: FINANCIAL ASSURANCE FOR DECOMMISSIONING - GENERAL ATOMICS (TAC NOS. MC2713 AND MC2714)

Dear Dr. Asmussen:

By letter dated March 31, 2004, General Atomics (GA) submitted to the U.S. Nuclear Regulatory Commission (NRC) the financial statements, financial test data, and a special auditors report and an annual schedule for reconciling the finances 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 New, Research and Test Reactors Program Division of Regulatory Improvement Programs Office of Nuclear Reactor Regulation Docket Nos. 50-89 and 50-163 cc: Please see next page DISTRIBUTION:

PUBLIC RNRP/R&TR r/f TDragoun MMendonca AAdams JLyons OGC EHylton FGillespie SHolmes CBassett DMatthews WEresian PIsaac PDoyle MDusaniwskyj PMadden DHughes JOlivier, NMSS BThomas PYoung KWitt ADAMS ACCESSION NO.: ML041750471 TEMPLATE #: NRR-106 OFFICE RNRP:LA RNRP:PM RNRP:SC RNRP:SC NAME EHylton:vxj AAdams BThomas PMadden DATE 6/ 23 /04 6/ 23 /04 6/ 24 /04 6/ 25 /04 C = COVER E = COVER & ENCLOSURE N = NO COPY OFFICIAL RECORD COPY