ML20055E586
| ML20055E586 | |
| Person / Time | |
|---|---|
| Site: | Aerotest |
| Issue date: | 07/05/1990 |
| From: | Banko J OEA, INC. |
| To: | NRC OFFICE OF INFORMATION RESOURCES MANAGEMENT (IRM) |
| References | |
| NUDOCS 9007120124 | |
| Download: ML20055E586 (4) | |
Text
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- 2 OEA, inC, P.O. Box 10488 o Derwer Colorado 80210 e Ptone (303) 0931248 July 5, 1990 m
REFER TO
. U.S. Nuclear Regulatory Commission Washington, D.C.
20555 t '
Reference:
Docket No. 50-228 Gentlemen:
As Chief Financial Officer of OEA, Inc., a Delaware corporation, I am pleased to submit this letter as support of our use of the financial test to demonstrate financial assurance, as specified in 10 CFR Part 50.
Please also accept this letter as OEA's guarantee of the-decommissioning of the facility owned and operated by our wholly-owned subsidiary, Aerotest operations, Inc.,
San Ramon, California.
The current cost estimate in 1990 dollars for decommissioning the Aerotest Radiography and Research Reactor which holds-NRC license R-98, is
$405,625.
This includes a 25%
contingency factor of $81,125.
Data related to this estimate is attached.
OEA 'is required to and has filed a Form 10K with the U.S.
Securities and Exchange Commission for the latest fiscal year ended July 31, 1989.
>The financial test (Alternative I) is as follows:
- 1. Decommissioning cost estimates for the facility (Lic. R-98]
405,625
- 2.
Total liabilities
$ 13,365,752
- 3.
Tangible net. worth
$ 60,029.848
- 4. Net worth
$ 60,508,300
- 5.
Current assets
$ 53,260,377
- 6.
Current liabilities
& 11,210,014
- 7.
Het working capital
$ 42,050,363
- 8.
The sum of net income plus depreciation, depletion, and amortization
$ 17,287,099
- 9.
Total assets in United States
$ 71,603,612 Q
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- U.S. ; Nuclear Regulatory -Commission
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' July 5,fl990i m.
Page Two-
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-10.-
Is line 3.at least $10.million?
X
- 11.
- Is line '3 at. least '6' times line 1?
X 3,
12.
Is'line 7)at least 6 times line 1?
X
.n 13.
Are ~nt least 90 percent of the firm's X
sssets located;in-the United States?
{
'14.
Is line 9 at least 6 times line 1?
N/A n.
L15.
Is line 2 divided by line 4 less than X
2.0?
/
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- 16. -
Is line 8 divided by line 2 greater than X
-0.17 y-17.
Is line 5 divided by line 6 greater than X
~1.5?
' The figures for. the items.above ' marked with an asterisk were
.i derived-from OEA's' audited financial statements and 'related j
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footnotes for the' latest completed fiscal' year ended July 31, 1989.
{
'I - hereby ' certify that the content of this letter is true and
- -l
}
. correct to the best of-my knowledge.-
Sincerely, L-OEA, Inc.
/
1 I.
l' John E.
- Banko, l
Senior Vice President / Treasurer i
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cc:
H. G.
Simens L
.Aerotest Operations, Inc.
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~b DECOMMISSIONING COST AEROTEST RADIOGRAPHY AND RESEARCH REACTOR San R339L__Q.glifornia-
' Pursuant to 10CFR50.33 (k), which sets forth the requirements for l
developing decommissioning funding for nuclear
- reactors, an analysis was performed to determine the cost (in 1990 dollars) to decommission the. Aerotest Radiography and Research Reactor (ARRR).
g The ARRR' is ! operated under USNRC License R-98 described in NRC Docket-No. 50-228.
Located.in San / Ramon, California, the ARRR is operated by Aerotest' 3
Operations, Inc., a wholly owned subsidiary of OEA, Inc.
The ARRR is a 250 thermal kilowatt research reactor which is used for-the-
-t production-of neutron radiographs, and for the occasional irradiation of samples.
The facility is. comprised of a TRIGA reactor contained in a water filled, below ground aluminum tank.
4
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Unlike anyxTRIGA research facilities, the ARRR does ngt contain a pneumatic irradiation capability, does ngt have an associated hot i
cell on site, does Dgt have an irradiation pool, n2r does it have contaminated ' hot ~1ab facilities which could be used for the separation of irradiated samples.
'In the development of this cost estimate, extensive use was made of NUREG/CR-1756 vol.
1 Technoloov.
Safety and Costs of Decommissionina Reference Nuclear Research nd Test Reactors.
Particular note was taken of the data prepared for the reference-Research Reactor inasmuch as the nuclear core design is the same (a TRIGA).as the ARRR.
The principal differences between the reference Research Reactor and the ARRR are the power level (1000kW vs. 250kW for the ARRR), and the special facilities (hot lab, hot cell, and pneumatic rabbit) which the ARRR does not have.
Costs were developed for decommissioning the ARRRc and were compared with' those given in Table 11.1-1 of NUREG/CR-1756.
After allowances were made for the-relative simplicity of the ARRR, the agreement between our estimate (in $1990) and the Table are quite good.
Summary of Estimated Costs for Decommissioning the ARRR are as follows:
Cost Cateaorv Est. Costs ($1990F
% of Total' DecommissionCosts
> sal of Radioactive Material
.utron Activated Material
$ 20,400 Contaminated Material 18,500 Radioactive Wastes 12,000 Total-Disposal Costs 50,900 12.5
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' Cost'Cateaorv Est.' Costs /$1990)
% of Total DecommissionCosts Staff Labor 200,000 49.3-Energy 17,000 4.2 Spec. Tools & Equipment 26,000 6.4 Misc. Supplies 7,600 1.9 Nuc. Insurance 6,000
~1.5 Lic. Fees 17,000 4.2 j
'I Subtotal 324,500 80.0-
]
Contingency (25%)'
81,125 20.0 Total Decommissioning Cost
$405.625 120.0 l
Other Possible Costs Spent Fuel Shipment
$ 74,800
'I Facility Rehab.
60,000
'I 1
Subtotal 134,800
+
Contingency.(25%)
33,700 l:
Total Other Possible Costs
$168,500 r
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