ML18024A547

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BWXT Standby Trust Agreement Approval of Bbt - Release of Cancelled Mufg STA Bank of New Yok STA
ML18024A547
Person / Time
Site: 07003085
Issue date: 02/01/2018
From: Stephen Koenick
Division of Decommissioning, Uranium Recovery and Waste Programs
To: Kubbs K
BWXT Government Group
DMisenhimer NMSS DUWP
References
Download: ML18024A547 (12)


Text

UNITED STATES NUCLEAR REGULATORY COMMISSION WASHINGTON, D.C. 20555-0001 February 1, 2018 Kirt J. Kubbs Vice President and Treasurer BWXT Government Group, Inc.

11525 N. Community House Rd.

Charlotte, NC 28277

SUBJECT:

APPROVAL OF STANDBY TRUST ISSUED BY BRANCH BANKING AND TRUST COMPANY, FOR BWXT GOVERNMENT GROUP, INC. AND RELEASE OF CANCELLED STANDBY TRUSTS ISSUED BY MUFG UNION, N.A. AND THE BANK OF NEW YORK (DOCKET NUMBER: 070-03085)

Dear Mr. Kubbs:

The U.S. Nuclear Regulatory Commission (NRC) staff has reviewed your proposed alternate standby trust agreement (STA), submitted by letter dated December 19, 2017 (Agencywide Documents Access and Management System (ADAMS) Accession Number ML18019A096),

and has determined that it meets applicable regulatory requirements in Title 10 to the Code of Federal Regulations Section 70.25 and is therefore approved. The newly approved STA for special nuclear material (SNM) license number SNM-2001 was established with trustee Branch Banking and Trust Company (BB&T) at the request of BWXT for BWXT Government Group, Incs, Shallow Land Disposal Area, in Parks Township, Pennsylvania, Special Nuclear Materials License SNM-2001, Docket 070-03085. The new STA replaces the previous one issued by MUFG Union Bank, N.A (MUFG). The NRCs conclusion is based on the Technical Evaluation Report: Alternate Standby Trust (enclosure 1).

As the MUFG STA has been replaced by an approved alternate STA, the NRC is hereby cancelling and releasing MUFGs STA and the associated amendment to BWXT (enclosure 2).

In addition, NRC is also returning a previously superseded STA dated July 1, 1997, issued by The Bank of New York (enclosure 3).

In accordance with10 CFR 2.390 of the NRC's "Agency Rules of Practice and Procedure," a copy of this letter will be available electronically for public inspection in the NRC Public Document Room or from the Publicly Available Records System component of the NRC's ADAMS. ADAMS is accessible from the NRC Web site at:

http://www.nrc.gov/reading-rm/adams.html.

K. Kubbs 2

If you have any questions concerning this letter, please contact Mr. David Misenhimer by telephone at 301-415-6590, or via e-mail to: David.Misenhimer@nrc.gov.

Sincerely,

/RA/

Stephen Koenick, Chief Materials Decommissioning Branch Division of Decommissioning, Uranium Recovery, and Waste Programs Office of Nuclear Material Safety and Safeguards Docket No. 070-03085 License No. SNM-2001

Enclosures:

(1) Technical Evaluation Report - Alternate Standby Trust (2) MUFG Union Bank, N.A. Cancelled Standby Trust & STA Amendment 1 (3) The Bank of New York Cancelled Standby Trust Agreement cc: Terry Chalker, BWXT

K. Kubbs 2

SUBJECT:

APPROVAL OF STANDBY TRUST ISSUED BY BRANCH BANKING AND TRUST COMPANY, FOR BWXT GOVERNMENT GROUP, INC. (DOCKET NUMBER: 070-03085)

DATE: February 1, 2018 ADAMS Package Accession Number: ML18024A548 OFFICIAL RECORD COPY OFFICE DUWP/MDB DUWP/MDB DUWP/PAB DUWP/MDB NAME DMisenhimer CHolston CMcKenney SKoenick DATE 1/29/2018 1/ 30/2018 1/31/2018 2/1/2018