ML20033C449

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Forwards Request for OMB Review & Supporting Statement Re Financial Protection Requirements & Indemnity Agreements 10CFR140
ML20033C449
Person / Time
Issue date: 10/28/1981
From: Donoghue D
NRC OFFICE OF ADMINISTRATION (ADM)
To: Strasser A
OFFICE OF MANAGEMENT & BUDGET
Shared Package
ML20033C450 List:
References
NUDOCS 8112030251
Download: ML20033C449 (3)


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WJBesaw, TIDC w/enci TIDC r/f JSaltzman, SP OCT 2 81981 PNorry, ADM DJDonoghue, ADM" Mr. Arnold Strasser 1...

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Reports Management, Room 3201,,

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Dear Mr. Strasser:

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d In accordance with Section 3507 pf, P.ub.1,1q l.ag 96-5.ll. pf, De.c. ember.,1,1,.1960, and regulations of the Office of;fianag.emep.t.and. Budget,.I. am enclosing;for.

OMB review copies of Standard fo.rg 83, and..the.Suppor. ting, Statement for the.,............

Financial Protection Requirement;s. and, In,d,enni.ty. Agreements,.,10. CF.R,1.40.

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,L In accordance with NRC's procedur.es... rqy..st.aff. has.Jnade an,independ.ent rev.iew of the practical utility and ngcessity,for..the p.roposed in. formation. collection..

and we are in concurrence with.thi,s p.roposal.... We. have,also reviewed for.

m duplication and found no similar. requirement..in.the agency... Therefore, we are transmitting this material fpr. appropr,iate OMB. review and approval.

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Sincerely, c.

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Daniel J. Donoghue /

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Daniel J. Donoghue, Directo f Office of Administration

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NUCLEAR REGULATORY COMMISSION E

WASHINGTON, D. C. 20555 E

%l*****p QCT 2 8198l Mr. Arnold Strasser Office of Management and Budget Reports Managcment, Room 3201.

New Executive Office Building Washington, DC 20502

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Dear Mr. Strasser:

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In accordance with Section 3507 of Public Law 96-511 of December 11, 1980

,. and regulations of the Office of Management and Budget, I am enclosing for

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.0MB review copie~s of Standard Form-83 and the Supporting Statement for.the Financial Protection Requirements and Indemnity Agreements,10 CFR 140.

  • The estimated respondent burden is 820 hours0.00949 days <br />0.228 hours <br />0.00136 weeks <br />3.1201e-4 months <br />.

In accordance with NRC's procedures, nty staff has made an' independent review of the practical utility and net.essity for the proposed information collection and we are in concurrence with this proposal. We have also reviewed for duplication.and found no similar requirement in the agency. Therefore, we are transmitting this material for appropriate OMB review and approval.

Sincerely, IJ O

Daniel J. Don hue, Dire tor Office of Administration

Enclosure:

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SUPPORTING STATEMENT FOR 10 CFR PART 140 Sections:.140.6,140.15(a),140.15(b),

140.17,140.20(c), and 140.21 Justification 10 CFR Part 140 provides appropriate procedures and requirements for determining the finanacial protection required of licensees and for the indemnification and limitation.of liability of certain licensees and.other persons pursuant to section 170 of the Atomic Energy Act of 1954, as amended.

Section 140.6 of 10 CFR Part 140. requires that licensees submit a report to the NRC.in the event of property damage or bodily injury occurring as a result of NRC-licensed activities.

Section 140.15(a) requires those licensees who choose to maintain financial protection in the form of liability insurance required pursuant to section 170(b) of the Atomic Energy Act of 1954, as amended, to submit to NRC proof of their financial protection.

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Section 140.15(b) requires proof of financial protection. for those licensees, who choose to maintain financial protection in the form of the licensee's own resources pursuant to section 170(b) of the Atomic Energy Act of 1954, as amended, to be submitted to NRC.

Section 140.17 requires that licensees submit to NRC proof that insurers are legally authorized to issue liability policies and that, upon expiration of such policies, licensees shall inform the NRC of renewal of such policies, pursuant to section 170(b) of the Atomic Energy Act of 1954, as amended.

Section 140.20(c) specifies that licensees who indicate that they will not be paying retrospective premium assessments immediately submit their financial statements to NRC.

Retrospective premiums are required pursuant to section 170(b) of the Atomic Energy Act of 1954, as amended.

Section 140.21 requires licensees to submit to NRC copies of any one of several financial devices to guarantee a licensee's payment of a retrospective premium assessment, required pursuant to section 170(b) of !the Atomic Energy Act of 1954, as amended.

Information received from licensees under section 140.6 assists N' C in assessing R

the extent of any damages which may have occurred or are expected 2to occur so that appropriate action may be taken to initiate the remedies provided by the Price-Anderson Act.

Submittals from licensees in response to the reporting

.