ML18193B068
| ML18193B068 | |
| Person / Time | |
|---|---|
| Site: | 03035695 |
| Issue date: | 07/02/2018 |
| From: | Lawyer D R NRC/RGN-I/DNMS/CRDB |
| To: | Shea J W Tennessee Valley Authority |
| References | |
| 608583 | |
| Download: ML18193B068 (3) | |
Text
UNITED STATES NUCLEAR REGULATORY COMMISSION REGION I 2100 RENAISSANCE BLVD. KING OF PRUSSIA, PA 19406-2713 July 2, 2018 J.W. Shea, Vice President, Nuclear Licensing Tennessee Valley Authority 1101 Market Street, LP3D-C Chattanooga, TN 37 402-2801
SUBJECT:
TENNESSEE VALLEY AUTHORITY, ACCEPTANCE OF FINANCIAL ASSURANCE, MAIL CONTROL NO. 608583
Dear Mr. Shea:
We have reviewed the letters dated March 7 and 8, 2018, to meet the financial assurance requirements for your license. We have no further questions at this time. The following documents currently provide your financial assurance:
Certification of Financial Assurance dated March 8, 2018 [ML 18122A335]
Statement of Intent dated March 8, 2018 [ML 18122A335]
Your organization uses a Decommissioning Funding Plan (DFP) to determine the amount of financial assurance necessary to fund all decommissioning activities.
10 CFR 30.35(e)(2) and 70.25(e)(2) requires that, at the time of license renewal and at intervals not to exceed three years, the DFP must be resubmitted with adjustments as necessary to account for changes in costs and the extent of contamination.
Your currently approved DFP was submitted on March 8, 2018; therefore, your DFP must be re-submitted on or before March 8, 2021. The DFP must update the information submitted with the original or prior approved DFP, and must specifically consider the effect of the following events on decommissioning costs: (1) spills of radioactive material producing additional residual radioactivity in onsite subsurface material; (2) waste inventory increasing above the amount previously estimated; (3) waste disposal costs increasing above the amount previously estimated; ( 4) facility modifications; (5) changes in authorized possession limits; (6) actual remediation costs that exceed the previous cost estimate; (7) onsite disposal; and (8) use of a settling pond. If the amount of the financial assurance instrument will be adjusted to match the DFP, this cannot be done until the updated DFP is approved by the NRC. If the financial assurance instrument is revised (amended) to change the amount of financial assurance obligated, then you will need to also submit a revised Certificate of Financial Assurance (CFA) with the new amount. We will return the original copies of superseded documents under separate cover.
J. Shea Your cooperation is appreciated.
License No. 41-08165-18 DocketNo.03035695 Mail Control No. 608583 2 Sincerely, Dennis R. Lawyer, Health Physicist Commercial, Industrial, R&D and Academic Branch] Division of Nuclear Materials Safety Region I cc: William Lee Cain, Radiation Safety Officer J. Shea Your cooperation is appreciated.
License No. 41-08165-18 Docket No. 03035695 Mail Control No. 608583 2 Sincerely, Dennis R. Lawyer, Health Physicist Commercial, Industrial, R&D and Academic Branch] Division of Nuclear Materials Safety Region I cc: William Lee Cain, Radiation Safety Officer DOCUMENT NAME: G:\WBL Documents\WBL License Cover Letter\L41-08165-18.608583.docx
[LAT to enter ADAMS Accession No.] SUNSI Review Complete:
DLawyer After declaring this document "An Official Agency Record" it will be released to the Public. T o receive a copy of this document, indicate in the box: "C"" = Coov w/o attach/encl "E" = Copy w/ attach/encl "N" = No coov , IN I I I OFFICE Rl:DNMS )'\ DLawyer ,v NAME 7/2/2018 fl--DATE OFFICIAL RECORD COPY