ML19263A737

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Requests Financial Info to Insure Adequate Funds Available for Decommissioning Plan.Most Recent Annual Rept Is Sufficient If Working Capital Is Greater than Estimated Costs of Decommissioning
ML19263A737
Person / Time
Site: 07000036, 07001100
Issue date: 12/08/1978
From: Crow W
NRC OFFICE OF NUCLEAR MATERIAL SAFETY & SAFEGUARDS (NMSS)
To: Pianki F
ABB COMBUSTION ENGINEERING NUCLEAR FUEL (FORMERLY
References
NUDOCS 7901020227
Download: ML19263A737 (1)


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UNITED STATES 7 I) (;&

O NUCLEAR REGULATORY COMMISSION E

WASHINGTON, D. C. 20555

% N DEC 0 81978 FCPF:NK 70-1100, 70-36 SNM-1067, SNM-33 Combustion Engineering ATTN: Mr. F. J. Pianki, General Manager Nuclear Fuel Manufacturing - Windsor 1000 Prospect Hill Road Windsor, Connecticut 06095 Gentlemen:

License Condition No. 24 of the Combustion Engineering Special Nuclear Material License No. SNM-1067, Windsor Facility, requires the licensee to " submit a plan for the future decontamination of the places of use and sites authorized by this license so that they can be released for unrestricted use. This submittal shall identify and discuss the factors that were considered in the design of the plan in sufficient detail to enable an independent review. The plan shall include an estimate of the costs involved and the financial arrangements that have been or will be made to insure that adequate funds will be available to cover these costs at the time of decommissioning.

In considering alternatives for these financial arrangements, the licensee shall specifically include the posting of a bond as a means of assuring availability of adequate funds."

The above requirement also applies to Combustion Eningeering's Special Nuclear Material License No. SNM-33 for the Hematite facility.

As an alternate to the posting of a bond to insure that adequate funds will be available, the assurance of a responsible corporate official, backed by the company resources to implement and finance the deconmissioning plan will be adequate (e.g., working capital sufficiently greater than cost of decommissioning both facilities).

The sufficiency of company resources may be demonstrated by the most recent annual report provided it shows the working capital is significantly greater than the estimated costs of decommissioning both facilities.

Sincerely, E

Qty W. T. Crow, ection Leader 790102 oM7 Uranium Fuel Fabrication Section Fuel Processing & Fabrication Branch Division of Fuel Cycle & Material Safety