ML20034F878
| ML20034F878 | |
| Person / Time | |
|---|---|
| Site: | Grand Gulf  |
| Issue date: | 02/26/1993 |
| From: | Cottle W ENTERGY OPERATIONS, INC. |
| To: | NRC OFFICE OF INFORMATION RESOURCES MANAGEMENT (IRM) |
| References | |
| GNRO-93-00027, GNRO-93-27, NUDOCS 9303050133 | |
| Download: ML20034F878 (12) | |
Text
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
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February 26, 1993
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U.S. Nuclear Regulatory Commissien Mail Station PI-137 Washington, D.C.
20555 Attention:
Document Control Desk
Subject:
Grand Gulf Nuclear Station Unit 1 Docket No. 50-416 License No. NPF-29 Nuclear Property Insurance GNRO-93/00027 Gentlemen:
Entergy Operations, Inc. is reporting the nuclear property insurance currently in effect at Grand Gulf Nuclear Station as required by 10CFR50.54(w).
The following is a summary of the coverage that is in effect at Grand Gulf.
POLICY POLICY POLICY INSURER NUMBER LIMIT EXPIRATION Nuclear Mutual Limited P92-026
$ 500,000,000 04/01/93 American Nuclear Insurers X93194
$ 800,000,000 04/01/93 and Mutual Atomic Evergy Liability Underwriters l
Nuclear Electric X92-047
$1,325,000,000 11/15/93 l
Insurance Limited i
Please find attached the certificate of coverage by Nuclear Electric I
Insurance Limited.
American Nuclear Insurers / Mutual Atomic Energy Liability Underwriters (ANI/MAELU) and Nuclear Mutual Limited (NML) will not issue a certificate evidencing primary coverage beyond 04/01/93 until the effective date of coverage commences (i.e., April 1, 1993).
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February 26, 1993 GNRO-93/00027 Page 2 of 3 Copies of the NHL and AN1/MAELU certificates expiring April 1, 1993 are attached for your information. The certificates of coverage for NML and ANI/MAELU effective April 1, 1993 will be submitted to the NRC by June 30, 1993. The total of primary and excess property limits for Grand Gulf is
$2.625 billion.
If you have any questions, please advise.
Yours truly, th If,-ccz WTC/JE0/mtc attachments: 1.
Certificate of Insurance for Nuclear Mutual Limited 2.
Certificate of Insurance for American Nuclear Insurers and Mutual Atomic Energy Liability Underwriters 3
Certificate of Insurance for Nuclear Electric Insurance Limited cc:
Mr. R.11. Bernhard (w/a)
Mr. D. C. Ilintz (w/a)
Mr. R. B. McGehee (w/a)
Mr. N. S. Reynolds (w/a)
Mr. II. L. Thomas (w/o)
Mr. Stewart D. Ebneter (w/a)
Regional Administrator U.S. Nuclear Regulatory Commission Region II 101 Marietta St., N.W.,
Suite 2900 Atlanta, Georgia 30323 Mr. P. W. O'Connor, Project Manager (w/2)
Of fice of Nuclear Reactor Regulation U.S. Nuclear Regulatory Commission Mail Stop 13H3 Washington, D.C.
20555 a
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N U C1.E A R Manufaamers liaint r I'lara M U T U'A 1, 129 M.iiteisinvi LIMITED
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1AX 302 MMR VWr(l'inance) i As 302 saa 3ms(Insurance)
CERTIFICATE OF INSURANCE ISSUED TO:
U.S.
Nuclear Regulatory Commission ADDRESS:
Document Control Desk Washington, D.C.
20555 THIS IS TO CERTIFY that insurance has beer effected with NUCLEAR MUTUAL LIMITED,1201 Market Street, Suite 1200, Wilmington, Delaware 19801, under Policy No. P92-026 as follows:
MEMBER INSURED:
System Energy Resources, Inc.
ADDRESS:
c/o Entergy Services, Inc.
P.
O.
Box 61000 Risk Management Policy New Orleans, Louisiana 70161 PROPERTY INSURED:
Grand Gulf Nuclear Station COVERAGE:
Operating Facility Policy AMOUNT OF INSURANCE:
$500,000,000 POLICY TERM:
12:01 a.m. on April 1, 1992 to 12 : 01 a.m.
on April 1,
- 1993, Standard time in Hamilton, Bermuda.
INSUREDS:
See attached Schedule 1 LOSS PAYEE CLAUSE:
See attached Schedule. 2
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Schedule 1.
Insureds:
Entergy Operations, Inc.;
System Energy Resources, Inc.,
f Entergy Corporat3cn; South Mississippi Electric Power l
Association; Bechtel Corporation; Bechtel Power Corporation; and all subsidiary and affiliated entities now in existence or hereafter to be constituted.
Additional Insureds:
All persons, firms or corporations with whom a Named Insured has entered into any agreement which requires that Named Insured to maintain for the benefit of such person, firm or corporation, such insurance as is afforded by this Policy; and the following parties listed herein and their respective successors, assignees and transferees are also named as Additional Insureds:
1.
Meridian Trust Company, 35 North Sixth Street,. Reading, Pennsylvania 19601, not in its individual capaaf ty but as Corporate Owner Trastee under the Trust Agreement No.1, dated as of December 1,
- 1988, among Meridian Trust Company and Stephen M.
Carta, each individually and as owner Trustee, and Public Service Resources Corporation as Owner Participant,
(" Trust Agreement No.
1"), and as owner of a 12.1168317% undivided interest in Grand Gulf Nuclear Station Unit 1
(" Interest 1");
2.
Resources Capital Management Corporation, 80 Park Plaza, Newark, New Jersey 07101, as transferee Owner Participant under Trust Agreement No. 1, which Trust Agreement No. 1 pertains, among other things to Interest 1; 3.
Meridian Trust Company, 35 North sixth Street, Reading, Pennsylvania 19601, not in its individual capacity but as Corporate Owner Trustee under the Trust Agreement No. 2, dated as of December 1,
- 1988, among Meridian Trust company and Stephen M.
Carta, each individually and as owner Trustee, and Lease Management Realty Corporation IV as owner Participant,
(" Trust Agreement No.
2"), and as owner of a 3.02920793% undivided interest in Grand Gulf Nuclear Station Unit *
(" Interest 2"); and 4.
Textron Financial Corporation, 10 Dorrance Street, P.O.
Box 6687, Providence, Rhode Island 02940, as transferee Owner Participant under Trust Agreement No.
2, which Trust Agreement No. 2 pertains, among other things to Interest 2.
f e Schedule 2.
Loss Payee Clause A.
Expenses covered under the Nuclear Liability Coverage (Section VI.1(a)) shall be adjusted with Entergy Operations, Inc. or Entergy Services, Inc. as Agent, if Entergy Operations, Inc.
so authorizes, and payable to Entergy Operations, Inc.
B.
The losses covered under the Debris Removal and Decontamination Coverage (Section VI.1(b)) and the Property Damage Coverage (Section VI.1(c)) of this Policy shall be adjusted with Entergy Operations, Inc. or Entergy Services, Inc., as Agent, if Entergy Cperations, Inc. so authorizes, and payable to United States Trust Company of New York in accordance with the Mortgage and Deed of Trust between Middle South Energy, Inc., and United States Trust Company of New York and Malcolm J.
Hood, Trustees; River Fuel Funding Company /3, Inc. (as Lessor) and Morgan Guaranty Trust Company of New York (as Assignee), as their interests may 4
appear in the Nuclear Fuel; Resources Capital Management l
Corporation as transferee Owner Particip ant with respect to Public Service Resources Corporation, the original Owner Participant under Trust Agreement No. 1, dated as of December 3, 1988, s'mong Meridian Trust Company and Stephen M.
Carta, each individually and as owner
- Trustee, and Public Service Resources Corporation as Owner Participant (" Trust Agreement No.
1"), which Trust Agreement No. 1
(
pertains, among other things, to a 12.1168317% undivided interest in Grand Gulf Nuclear Station Unit 1 (" Interest 1"), Meridian Trust Company as Corporate Owner Trustee under Trust Agreement No. I with l
)
respect to Interest 1,
all as their interests may appear under j
Trust Agreement No.
1, and the other Transaction Documents as j
defined therein (all references contained herein to the Corporate owner Trustee, or Owner Participant, respectively, shall include such persons and their respective successors, assigns and transferees in such capacities); Textron Financial Corporation as l
transferee Owner Participant with respect to Lease Management Realty Corporation IV, the original Owner Participant under Trust t
Agreement No. 2, dated as of December 1, 1988, among Meridian Trust
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Company and stephen M.
- Carta, each individually and as owner i
- Trustee, and Lease Management Realty Corporation IV as Owner Participant (" Trust Agreement No.
2"), which Trust Agreement No. 2 i
pertains, among other things, to a 3.02920793% undivided interest in Grand Gulf Nuclear Station Unit 1 (" Interest 2"), Meridian Trust
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Company as Corporate Owner Trustee under the Trust Agreement No. 2 with respect to Interest 2, all as their interests may appear under Trust Agreement No.
2 and the other Transaction Documents as defined therein (all references contained herein to the Corporate owner Trustee or Owner Participant, respectively, shall include such persons and their respective successors, assigns and transferees in such capacities); PROVIDED. HOWEVER, any loss to 4
material and supplies, or any loss where the aggregate amount to be paid by Insurer with respect to such loss is less than $100,000, is payable i<> Entergy Operations, Inc.
The receipt of such payments under tL i.s clause by the payee so designated nhell constitute a release in full of all liability with respect to Ac:h loss.
. l
f This certificate is not transferable and mey be cancelled by NUCLEAR HUTUAL LIMITED by giving 60 days writ. ten notice to the party to whom this Certificate is issued prior to cancellation of i
the insurance described herein, unless specifically provided for otherwise under the Terms, Conditions and Exceptions of the Policy.
l THIS CERTIFICATE is for information only; it is not a contract of insurance but attests that a policy as numbered herein, and as it i
stands at the date of this certificate, has been issued by the Comptny.
Said policy is subject to change by endorsement and l
cancellation in accordance with its terms.
I EFFECTIVE DATE OF THIS CERTIFICATE:
April 1,
1992 CERTIFICATE EXPIRES:
April 1,
1993, unless cancelled sooner.
i Signed by:
I NUCLEAR MUTUAL LIMITED
/
David H.' Scott, Vice President-Underwriting I
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AMERICAN VAE_J NUCLEAR MUTUAL ATOMIC ENERGY INSURERS UABILITY UNDERWRITERS CERTIFICATE OF INSURA.NCE This certificate is issued to the Certificate Holder as a matter of information only. It doe.s not amend, extend or alter the coverage afforded by the policies listed below.
Name of Insured FNTFRGY OPFR ATIONR. INC RYRTFM FN6kCY RFROi!RPFC ji FT AI.
Mailing Address e /n Fntorgv Rorviroc. Inr_ Rick Manayomont Policy P O_ Rnv 61000-Now Orleans. I. A 70161 Location (s) Covered Crand Cnif Nuclear Rf atinn Claihnrno rnunty. Micsissippi This is to certify that the following policy (ies) issued by members of American Nuclear Insurers (ANI) and Mutual Atomic Energy Liability Underwriters (MAELU) to the Insured named above are in force as of the effective date of this certificate.
Policy Numbers Policy Expiration Date*
Amount or Limit Deductible X93194 April 1,1993
$800,000,000.
Type of Insurance: All risk of direct physical damage to the Property Insured by any Cause of Loss specified as covered in the policy, provided such physical damage takes place during the policy p - *d.
Cancellation of Policies: Should the policy (ies) described above be cancelled before the expiration thereof, ANI or MAELU will endeavor to mail or deliver advance written notice to the Certificate Holder, but failure to provide such notice shall impose no obligation of liability of any kind upon ANI or M AELU.
Name and Address of Certificate Holder:
j Nuclear Regulatory Commission Washington, D.C. 20555 Attn: Document Control Desk Effective date of the Certificate:
lannarv1 1993
'A CERTIrlCATE WILL NOT BE ISSUED FOR ANY SUBSEQUENT POLICY PERIOD UNLESS REQUESTED.
I Town Center, Suite 3005 / 29 South Main Sinet / West Hartford, CT OM07-2445 / (203) 561-3433 N FAX (203) 5M-4655 1
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IAX 302 888 300sansurance) j CERTIFICATE OF INSURANCE P
ISSUED TO:
Nuclear Regulatory Commission ADDRESS:
Document Control Desk Washington, DC 20555
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THIS IS TO CERTIFY that insurance has been effected with NUCLEAR ELECTRIC INSURANCE LIMITED,1201 Market Street, Suite 1200, Wilmington, Delaware 19801, under Policy No. X92-047 as follows:
i MEMBER INSURED:
SYSTEM ENERGY RESOURCES, INC.
ADDRESS:
c/o Entergy Services, Inc.
P.O.
Box 61000 New Orleans, LA 70161 PROPERTY INSURED:
Grand Gulf Nuclear Station COVERAGE:
Decontamination Liabi1ity, Decommissioning Liability, and Excess Property Insurance AMOUNT OF INSURANCE:
$1,325,000,000 INSUREDS:
See attached Schedule A POLICY TERM:
12:01 a.m. on November 15, 1992 to 12:01 a.m. on November 15, 1993, Standard time in Hamilton, Bermuda.
LOSS PAYEE CLAUSE:
See attached Schedule B
r SCHEDULE A INSUREDS:
Insureds:
Entergy Operations, Inc., System Energy Resources, l
Inc.,
Entergy Corporation, South Mississippi Electric Power Association; Bechtel Corporation; Bechtel Power Corporatton; and 1
all subsidiary and affiliated entities now in exist ence or hereafter to be constituted.
Additional Insureds All persons, firms or corporations with whom a Named Insured has entered into any agreement which requires that Named Insured to maintain for the benefit of such person, firm or corporation, such insurance as is afforded by this policy and the following parties i
4 listed herein and their respective successors, assignees and transferees are also named as Additional Insureds:
l 1.
Meridian Trust Company, 35 North Sixth Street, Reading, I
Pennsylvania 19601, not in its individual capacity but as Corporate i
Owner Trustee under the Trust Agreement No.1, dated as of December i
1, 1988, among Meridian Trust Company and dated as of December 1, 1988, among Meridian Trust Company and Stephen M.
Carta, each j
individually and as Owner Trustee, and Public Service Resources Corporation as Owner Participant,
(" Trust Agreement No.1"), and as 4
j owner of a 12.1168317% undivided interest in Grand Gulf Nuclear Station Unit 1
(" Interest 1"),
e 3
2.
Resources Capital Management Corporation, 80 Park Plaza, Newark, New Jersey 07101, as transferee Owner Participant under i
Trust Agreement No.
1, which Trust Agreement No. 1 pertains, among j
other things to Interest 1; 1
3.
Meridian Trust Company, 35 North Sixth Street, Reading,
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Pennsylvania 19601, not in its individual capacity but as Corporate Owner Trustee under the Trust Agreement No. 2, dated as of December 1,
1988, among Meridian Trust Company and Stephen M.
Carta, each individually and as Owner Trustee, and Lease Management Realty f
j Corporation IV as Owner Participant,
(" Trust Agreement No. 2"), and as owner of a 3.0292079% undivided interest in Grand Gulf Nuclear Station Unit 1
(" Interest 2");
4.
Textron Financial Corporation, 10 Dorrance Street, P.O.
Box 6687, Providence, Rhode Island 02940, as transferee Owner Participant under Trust Agreement Nc.
2, which Trust Agreement No.
i 2 pertains, among other things to Interest 2.
4 l
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SCHEDULE B LOSS PAYEE CLAUSE:
Expenses covered under the Nuclear Liability Coverage (paragraph VI.1(a)) of this Policy shall be adjusted with Entergy Operations, i
Inc. or Entergy Services, Inc. as Agent, if Entergy Operations, t
Inc. so authorizes, and payable to Entergy Operations, Inc.
The expenses covered under the Debris Removal and Decontamination
- Coverage, (paragraph VI.1 (b) ),
the losses covered under the Property Damage Coverage (paragraph VI.1(c)),
and the losses covered under the Functional Total Loss Coverage (paragraph VI.2 (a)) of this Policy shall be adjusted with Entergy Operations, Inc. or Entergy Services, Inc. as Agent, if Entergy Operations, Inc. so authorizes, and payable (except as any loss as respects material and supplies and except any loss where the aggregate amount to be paid by insurers in respect of such loss is less that
$100,000 which is payable to Entergy Operations, Inc.) to United States Trust Company of New York, in accordance with the mortgage and deed of trust between Middle South Energy, Inc., and United States Trust Company of New York and Malcolm J.
Hood, Trustees; River Fuel Funding Company #3, Inc.,
(as Lessor) and Morgan Guaranty Trust Company of New York (as Assignee) as their interests may appear in the Nuclear Fuel; Resources Capital Management Corporation as transferee Owner Participant with respect to Public Service Resources Corporation, the original Owner Participant under Trust Agreement No. 1, dated as of December 1, 1988, among Meridian Trust Company and Stephen M. Carta, each individually and as Owner
- Trustee, and Public Service Resources Corporation as Owner Participant (" Trust Agreement No. 1"), which Trust Agreement No. 1 pertains, among other things, to a 12.1168317% undivided interest in Grand Gulf Nuclear Station Unit 1 (" Interest 1"), Meridian Trust Company as Corporate Owner Trustee under Trust Agreement No.1 with respect to Interest 1,
all as their interests may appear under Trust Agreement No.
1 and the Other Transaction Documents as defined therein (all references contained herein to the Corporate Owner Trustee or Owner Participant, respectively, shall include such persons and their respective successors, assigns and transferees in such capacities); Textron Financial Corporation as transferee Owner Participant with respect to Lease Management Realty Corporation IV, the original Owner Participant under Trust Agreement No. 2, dated as of December 1, 1988, among Meridian Trust Company and Stephen M.
Carta, each individually and as Owner
- Trustee, and Lease Management Realty Corporation IV as Owner Participant (" Trust Agreement No. 2"), which Trust Agreement No. 2 pertains, among other things, to a 3.02920793% undivided interest in Grand Gulf Nuclear Station Unit 1 (" Interest 2"), Meridian Trust Company as Corporate Owner Trustee under Trust Agreement No. 2 with respect to Interest 2,
all as their interests may appear under Trust Agreement No.
2 and the other Transaction Documents as defined therein (all references contained herein to the Corporation owner Trustee or owner Participant, respectively, shall include
.~.
y such persons and their respective successors, assigns and transferees in such capacities); and the receipt of the payes so designated shall constitute a release in full of all liability with respect to such loss.
Expenses covered under the Decommissioning Liability Coverage (subsection VII.1) shall be adjusted with the Member Insured and payable to: The System Energy Resources, Inc. Grand Gulf Nuclear i
Decommissioning Non-Qualified Trust Fund whose receipt of such
+
payment shall constitute a release in full of all liability with j
respect to such payment. The Member Insured may, by written notice to the Insurer, designate other payees.
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This Certificate is not -transferable and may be cancelled by NUCLEAR ELECTRIC INSURANCE COMPANY by giving 60 days written notice i
to the party to whom this Certificate is issued prior to i
cancellation of the insurance described herein, unless specifically i
provided for otherwise under the Terms, Conditions and Exceptions of the Policy.
1 THIS CERTIFICATE is for information only; it is not a contract of insurance but attests that a policy as numbered herein, and as it stands at the date of this Certificate, has been issued by the Company.
Said policy is subject to change by endorsement and cancellation in accordance with its terms.
f EFFECTIVE DATE OF THIS CERTIFICATE:
November 15, 1992 1
CERTIFICATE EXPIRES:
November 15, 1993, unless cancelled sooner.
i Signed by:
NUCLEAR ELECTRIC INSURANCE LIMITED q
David'H. Scott, j
Vice President-Underwriting i
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