ML20037B489
| ML20037B489 | |
| Person / Time | |
|---|---|
| Site: | Dresden  |
| Issue date: | 08/14/1978 |
| From: | Saltzman J Office of Nuclear Reactor Regulation |
| To: | Poole R COMMONWEALTH EDISON CO. |
| References | |
| NUDOCS 8010100494 | |
| Download: ML20037B489 (3) | |
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- 4 UNITED STATES 4
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-O NUCLEAR REGULATORY COMMISslON ivii::.
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WASHINGTON, D. C. 20555 D
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50-1 l
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50-249
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Commonwealth Edison Company
}]E55 ATTN: Mr. Robert D. Poole g:.-l==
Insurance Administrator t===--
P. O. Box 767 II.E::.
Chicago, Illinois-60690 M5;;?
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Gentlemen:
.. 1 We are enclosing herewith an amendment to your indemnity agreement reflecting a change in 10 CFR Part 140, " Financial Protection Requirements
[ GEE and Indemnity Agreements." The amendment to Part 140, which was effective t.r.1 on August 1,1977, adds a new " Article VIII" to 5 140.92. This article 99=.9 establishes procedures that the Commission would utilize to recover
...= s retrospective premiums paid by the Government on behalf of defaulting
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We would appreciate your indicating your acceptance of the amendment to Di..;.5 your indemnity agreement in the space provided and returning one signed l
copy to the undersigned.
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bY Sincerely, i$
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5 Jerome Saltzman,-Chie Antitrust & Indemni Group
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Nuclear Reactor Regulation
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Enclosure:
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Amendment to Indemnity Agreement fi.:.
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b AMEHDMENT TO INDEMilITY AGREEMENT NO. B-10
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- 1ENDMENT NO. 20
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Effective August 1,1977, Indemnity Agreement No. B-10, between Comonwealth
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Edison Company, and the Atomic Energy Comission, dated December 14,
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1961, as amended, is hereby further amended by adding a new Article VIII
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to read as follows:
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" ARTICLE VIII
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"1.
If the licensee fails to pay assessed deferred premiums, the Comission reserves the right to pay those premiums on behalf 1E355 of the licensee and.to recover the amount of such premiums
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"2.
The Commission shall require the imediate submission'of i=35 financial statements by those licensees who indicate, after an assessment of the retrospective premium by the insurance
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pools, that they will not pay the assessment. Such financial
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statements shall include, as a minimum, exhibits indicating internally generated funds from operations and accumulated retained earnings.
Subsequent submission of financial statements
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by such licensees may be requested by the Commission,.as f;?n==;
required.
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"3.
If premiums are paid by the Commission as provided in paragraph ss s.. ;!!Ei 1, payment by the Commission shall create a lien in the amount
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paid in favor of the United States upon all property and rights to property, whether real or personal, belonging to
.f~=fi such licensee. The lien shall arise at the time payment is
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made by the Commission and shall continue until the liability Es: =
for the amount (or a judgment against the licensee arising out ssi of such liability) is satisfied or becomes unenforceable. The
=liH EE Commission will issue a certificate of release of any such lien if it finds that the liability for the amount has been fully satisfied or has become legally unenforceable.
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I ont a D-fr us s. aovsanusut enmemo omes. cere -ene-ea4 NRC FORM $18 (9 76) NRCM 0240
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If the Commission determines that the licens2e is financially able to reimburse the Commission for a deferred premium payment a.z made in its behalf, and the licensee, after notice of such determination by the Commission fails to make such reimbursement i= =
within 120 days, the Cosnission will take appropriate steps to suspend the license for 30 days. The Commission may take any s=...
further action as necessary if reimbursement is not made
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within the 30-day suspension period including, but not limited to, termination of the operating license."
FOR THE UNITED STATES NUCLEAR REGULATORY C0 fit 11SSIO!1
.z.g 7sDEROME SQ'T7 VAN Jerome Saltanan, Chief
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Antitrust and Indemnity Group Office of Nuclear Reactor Regulation
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Accepted _
1978
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Distribution:
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,.3 PDR LPDR Docket Files Desk l
Indemnity l
IDinitz Reading g=A jl AIG Reading I
NRR:AIG NRgG IDMt)/cd JSdNman 7/Q78 7/ /78
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'yNRCFORM 318 (9 76) NRCM 0240 W u. s.novenwrnt rniurino orrects so7e -eas-a 4 y
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