ML20055J313

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Forwards Documents in Support of Financial Assurance & Decommissioning Costs for Facilities
ML20055J313
Person / Time
Site: 07000364, 07000824, 07000135
Issue date: 07/24/1990
From: Eckert J
BABCOCK & WILCOX CO.
To: Haughney C
NRC OFFICE OF NUCLEAR MATERIAL SAFETY & SAFEGUARDS (NMSS)
Shared Package
ML20055J314 List:
References
NUDOCS 9008020087
Download: ML20055J313 (2)


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Babcock & Wilcox 70- OM s McDermott company Dolense & Nuoiser Power Group i

l J P. Eckert P.O. Box !!!65 Sr. Wce President and Group Encutive Lynchburg. Virginia 24506 1165 (804) 522 5475 i

i July 24, 1990 i

I l

l Mr. C. J. Naughney, Chief j

Fuel cycle safety Branch i

Division of Industrial and Medical l

Nuclear safety, NM88 U.

8. Nuclear Regulatory commission Washington, D.C.

20555 Dear Mr. Haughney i

l In compliance with the Nuclear Regulatory Commission's (NRC) financial assurance regulations under 10 CFR Part 30, 40, and 70 as applicable, with respect to the licenses of the Babcock & Wilcox company (B&W), I an attaching the following documents:

1.

Letter from the President & Chief Executive Officer.

2.

Letter from the Executive Vice President and Chief Financial Officer.

3.

Attachment I listing of B&W licensees.

j 4.

Attachment I-A; the certification of financial assurance.

5.

Financial test,- Alternative I.

6.

Auditor's special report and reconciliation.

7.

Parent company guarantee.

a.

Standby Trust Agreements 9.

Acknowledgement.

B&W's only other license affected by the financial

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assurance regulations is the SNM license' of B&W's Naval I

Nuclear Fuel Division (NNFD),

SNM-42.

In separate correspondence to you dated May 23, 1990 and July 13, 1990, the NNFD's licensing officer, A.

E.

Olsen, has submitted

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an application and other supporting documentation for an amendment to their license, to satisfy NNFD's obligation to provide financial assurance.

This form of assurance is represented by a contract claust entitled Decommissioning Expenseses which has been included in NNFD's contracts, e.g.,

contract No.

DE-AC11-90PN 34187 with the U.

5.

Department of Energy's (DOE) Pittsburgh Naval Reactors

Office, and defines the means by which DOE vill be

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responsible for NNFD's decommissioning costs.

Oth6* NNFD subcontracts for the manufacture of research reactor *uel also provide funding assurance for decommissioning costs.

We believe the attached documentation and license amendment application described above fulfills the present financial assurance requirements for The Babcock & Wilcox company.

If you require other information, please advise.

Very truly yours, h

n J.

P.

Eckert

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