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MONTHYEARML0629105422006-10-23023 October 2006 Letter to Mit Review of Decommissioning Funding for Mit Research Reactor, License No. R-37; Docket No. 50-20 Project stage: Approval ML0629105322006-10-23023 October 2006 Review of Decommissioning Memo from Marshall to Thomas Funding for Mit Research Reactor, License No. R-37; Docket No. 50-20 Project stage: Approval 2006-10-23
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Category:Letter
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October 23, 2006 Mr. John A. Bernard Director of Reactor Operations MIT Nuclear Reactor Laboratory Mail Stop NW12-208a 138 Albany Street Cambridge, Massachusetts 02139
SUBJECT:
REVIEW OF DECOMMISSIONING FUNDING for MIT RESEARCH REACTOR, LICENSE No. R-37; DOCKET No. 50-20
Dear Mr. Bernard:
I am in receipt of your July 5, 2006 letter, requesting that the United States Nuclear Regulatory Commission (NRC) consent to increasing the decommissioning funding for the MIT Research Reactor to $23,000,000. There are no proposed changes to the $1,125,000 decommissioning funding provided for the Special Nuclear Materials License (SNM-986). NRC consent is required as stipulated by the Massachusetts Institute of Technology Amended Escrow Agreement, dated November 30, 2005, for the Decommissioning Trust, currently held to eventually decommission the MIT Research Reactor, License No. R-37; Docket No. 50-20.
On October 11, 2006, the NRC received and reviewed the Duke Engineering and Services Executive Summary completed in 2001, updating the decommissioning cost estimate for the MIT Research Reactor.
The NRC approves the proposed decommissioning funding increase to $23,000,000 for the MIT Research Reactor. Accordingly, an amendment to the Amended Escrow Agreement to reflect this increase is acceptable. Furthermore, there is no objection holding the decommissioning funds for both the MIT Research Reactor with the decommissioning funds for the Special Nuclear Materials License in the same Decommissioning Trust, so long as a separate accounting is maintained for the two decommissioning funds.
If you have any further questions about this matter, please feel free to call me at 301.415.1260.
Sincerely,
/RA/
Michael A. Dusaniwskyj Financial, Policy & Rulemaking Branch, Office of Nuclear Reactor Regulation