ML050460200

(Bfn), Sequoyah (Sqn), and Watts Bar (WBN) Nuclear Plants - Insurance Status

ML050460200
Person / Time
Site:	Browns Ferry, Watts Bar, Sequoyah
Issue date:	02/11/2005
From:	Mashburn F Tennessee Valley Authority
To:	Document Control Desk, Office of Nuclear Reactor Regulation
References
Download: ML050460200 (3)

Text

Tennessee Valley Authority, 1101 Market Street. Chattanooga, Tennessee 37402-2801 February 11, 2005 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. Also, in subsection (3) of 10 CFR 50.54(w), this regulation requires that each licensee report annually, on April 1, the current levels and sources of this insurance.

In accordance with this regulation, we have purchased onsite property damage insurance for BFN, SQN, and WBN. Enclosed is the required information on source and level of coverage for TVA's facilities.

If you have any questions, please contact me at (423) 751-8817.

Sincerely, Fredrick C. Mashburn Jr.

Senior Program Manager Nuclear Licensing Enclosure cc: See page 2

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U.S. Nuclear Regulatory Commission Page 2 February 11, 2005 cc (Enclosure):

Ms. Eva A. Brown, Project Manager Nuclear Regulatory Commission MS 08G9 One White Flint, North 11555 Rockville Pike Rockville, Maryland 20852-2739 Ms. Margaret H. Chernoff, Project Manager Nuclear Regulatory Commission MS 08G9 One White Flint, North 11555 Rockville Pike Rockville, Maryland 20852-2739 Mr. Douglass V. Pickett, 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 Insurance Carrier Coverage Limit Policy Number Browns Ferrv Nuclear Plant Nuclear Electric Insurance Ltd. (NEIL) $500 million P04-033 NEIL $560 million in excess of $500 million X04-048 NEIL $1 billion in excess of $1.06 billion BX04-009 Sequoyah Nuclear Plant NEIL $500 million P04-043 NEIL $560 million in excess of $500 million X04-049 NEIL $1 billion in excess of $1.06 billion BX04-009 Watts Bar Nuclear Plant NEIL $500 million P04-060 NEIL $560 million in excess of $500 million X04-085 NEIL $1 billion in excess of $1.06 billion BX04-009