ML20034B117
| ML20034B117 | |
| Person / Time | |
|---|---|
| Site: | 07001113 |
| Issue date: | 03/16/1990 |
| From: | Wolfe B GENERAL ELECTRIC CO. |
| To: | Chilk S NRC OFFICE OF THE SECRETARY (SECY) |
| References | |
| NUDOCS 9004260032 | |
| Download: ML20034B117 (1) | |
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J GE Nucker Energy l
aortree lMnNr Generat bectnc Company i
vce Fesdent and General Manager 175 Curtner kenue. San hse. CA 95125 408 925-6900 March 16, 1990 Mr. Samuel Chilk Secretary U.S. Nuclear Regulatory Commission Washington, D.C.
20555 t
Re: Ega.uest for Soecific Exemotions
Dear Mr. Secretary:
General Electric Company ("GE-) hereby requests that the Comission.
grant GE specific exemptions from the financial assurance instrument requirements of Parts 50 and 70 of the Comission's amended decomissioning l
rule so that GE can satisfy the financial assurance requirements: by submitting a self-guarantee which.otherwise meets or exceeds the criter.ia for qualifying parent company guarantees under 10 C.F.R.. Part 30, Appendix A., A memorandum setting forth the legal and factual bases for GE's request is enclosed.
l The principal basis supporting this request is the compelling evidence that a self-guarantee by GE (accompanied by periodic recertification of GE's financial condition) will assure the availability of funds for the decomissioning of GE's licensed nuclear facilities and activities at least i
as well. as, if not better than, other financial assurance methods expressly permitted by the subject provisions of Parts 50 and 70.. As set forth in i
greater detail in the enclosed memorandum, GE's substantial financial
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resources provide abundant assurance of the availability of funds for decommissioning through such a self-guarantee.
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GE further asks that -if the Comission is unable to rule on this exemption request by July 1, 1990, the Comission grant GE a temporary specific exemption from the deadlines for the implementation of financial instruments until such time as the Commission is able to provide its ruling.
Sincerely yours, t
Enclosure cc: Chairman Kenneth M. Carr Commissioner Thomas M. Roberts Commissioner Kenneth C. Rogers Commissioner James R. Curtiss 4
Comissioner Forrest J. Remick James M. Taylor, Executive Director for Operations Ip' Robert M. Bernero, Director, Office of Nuclear Material Safety and Safeguards
. William Parler, Esq., General Counsel Stuart Treby, Esq., Office of the General Counsel 9004260032 900316 PDR ADOCK 07001113
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