ML20062F534

Refuses 780623 & 30 Requests for Withholding Financial Info from Pub Disclosure Per 10CFR2.790.Appeal Period Is 30 Days

ML20062F534
Person / Time
Site:	05000471
Issue date:	12/08/1978
From:	Parr O Office of Nuclear Reactor Regulation
To:	Rhonda Butler BOSTON EDISON CO.
References
NUDOCS 7812190050
Download: ML20062F534 (4)

Text

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• f  % UNITED STATES

.,% 4i NUCLEAR REGULATORY COMMisslON

, I, ) j WASHINoTON,0. C. 20555 Q,W4./ *...

Docket No. 50-471 N Mr. Robert M. Butler Nuclear Projects Manager Bosten Edison Company 800 Boylston Street Boston, Massachusetts 02199 - - - - - ' '

Dear Mr. Butler:

0

SUBJECT:

REQUEST FOR WITHHOLDING INFORMATION FROM PUBLIC DISCLOSURE

(. By your letters, dated June 23, 1978 and June 30, 1978, which included affidavits signed by Tom May, Assistant Treasurer for the Boston Edison Company, you submitted financial schedules and forecasts relating to the Boston Edison Company an~d Tequestedlhat~th'ey be withheld from public disclosure pursuant to 10 CFR 2.790.

Your reasons for requesting our withholding of this 1nformation were that (1) the information was prepared from data available for internal use only, (2) such data have been and will continue to be held in confidence by your company, and (3) substantial harm may be caused to the company if the submitted information is made publicly available.

The reasons enumerated in your requests as to why the release of the' submitted informal. ion would cause substantial harm to your company were conclusory in nature and failed to provide us with a sufficient basis upon which to approve your applications. Specifically you failed to address how the release of this information could affect the market for the company's securities and how this information could prejudice your company's operation as a public utility.

Accordingly, we have concluded that the information sought to be withheld from public disclosure does not meet the requirements of 10 CFR 2.790.

Therefore, your requests to withhold the financial schedules and forecasts from public disclosure are denied.

For you[information, the Security and Exchange Commission has recently released proposed new regulations governing disclosure of management financial projections. A copy of the above mentioned release is enclosed for your perusal.

7812190C60 g-

Mr. Robert M. Butler DEC 0 81978 o

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If you do not provide us with information which will establish a sufficient basis upon which to approve your application, you are advised that in not less than thirty (30) days from the date of this letter, the subject documents will be placed in the Public Cocument Room. If, within thirty (30) days of the date of this letter, you request withdrawal !

of the documents in accordance with 10 CFR 2.790 (c), your request will be considered in the light of applicable statutes and regulations and a determination made whether the documents will be withheld from the Public

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Document Room and returned to you.

Sincerely,

[10- 5 . hm.,,, >

dian D. Parr, Chief f Light Water Reactors Branch No. 3 l Division of Project Management  !

Enclosure:

As Stated cc M6 enclosure:

See next page i

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Mr. R. M. Butler g g7g cc: Mr. William Griffin Charles Corkin, II, Esq.

Project Engineer Assistant Attorney General Boston Edison Company Commonwealth of Massachusetts 800 Boylston Street One Ashburton Place, 19th Floor Boston, Massachusetts 02199 Boston, Massachusetts 03105 Dale G. Stoodley, Counsel Henry Herrman, Esq.

. Boston Edison Company 151 Tremont Street, 27X 800 Boylston Street Boston, Massachusetts 02111 Boston, Massachusetts 02199 Mr. & Mrs. Alan R. Cleeton George H. Lewald, Esq. 22 Nackintosh Street Ropes & Gray Franklin, Massachusetts 02038 225 Franklin Street Boston, Massachusetts 02110 W. M. Sides Quality Assurance Manager William S. Abbott Boston Edison Company Attorney & Counseller at Law 800 Boylston St.

50 Congress Street, Suite 925 Boston, Massachusetts 02199 Boston, Massachusetts 02109 Mr. R. A. Fortney B. N. Pushek EDS Nuclear Bechtel Power Corp. 220 Montgomery Street P. O. Box 3695 San Francisco, California 94104 San Francisco, California 94119 Edward Luton, Esq., Chairman John D. Fassett Atomic Safety and Licensing Board Vice President and General V. S. Nuclear Regulatory Commission Counsel Washington, D. C. 20555 '

United Illuminating Company 80 Temple Street Dr. Dixon Callihan New Haven, Connecticut 06506 Union Carbide Corporation P. O. Box Y Mr. R. Newman Oak Ridge, Tennessee 37830 Combustion Engineering, corp.  !

1000 Prospect Hill Road Dr. Richard F. Cole Windsor, Connecticut 06095 6tomic Safety and Licensing Board U. S. Nuclear Regulatory Commission W. C. Tallman, President

• Washington, D. C. 20555 Public Service Company of New Hampshire 1000 Elm Street ' ~ ~ " " ~ ~ ~

Manchester, New Hampshire 03105

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Mr. R. M. Butler DEC 0 81978 cc: Richard S. Salzman, Esq., Chairman Atomic Safety and Licensing Appeal Board U. S. Nuclear Regulatory Commission Washington, D. C. 20555 Dr. John H. Buck Atomic Safety and Licensing Appeal Board U. S. Nuclear Regulatory Commission Washington, D. C. 20555 .

4 Michael C. Farrar, Esq.

Atomic Safety and Licensing Appeal Board U. S. Nuclear Regulatory Commission j Washington, D. C. 20555

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