ML20070S072

Submits Summary of Nuclear Property Insurance Coverage for Facility in Effect on 910401 by Insurer,Policy Number,Policy Limit & Policy Expiration Date

ML20070S072
Person / Time
Site:	Grand Gulf
Issue date:	03/25/1991
From:	Cottle W ENTERGY OPERATIONS, INC.
To:	NRC OFFICE OF INFORMATION RESOURCES MANAGEMENT (IRM)
References
GNRO-91-00055, GNRO-91-55, NUDOCS 9104020119
Download: ML20070S072 (11)

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W. T. Cottle March 25, 1991 U.S. Nuclear Regulatory Commission Mail Station Pl-137 Washington, D.C.

20555 Attent-ion:

Document Control Desk Subjec t :

Grand Gulf Nuclear Station Unit 1 Docket No. 50-416 License No. NPF-29 Nuclear Property insurance GNRO-91/00055 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 will be in ef fect on April 1, 1991.

POLICY POLICY POLICY INSURER NUMBER LIMIT EXPIRATION Nuclear Mutual Limited (1)

$ 500,000,000 04/01/92 American Nuclear Insurers X90194

$ 560,000,000 11/15/91 and Mutual Atomic Energy Liability underwriterr.

Nuclear Electric X90-047

$1,125,000,000 11/15/91 Insurance Limited A

Please t ind attached certificates of coverage by Nuclear Electric Insurance Limited

..d American Nuc: car Insurers / Mutual /tomic Energy

.L1 ability Underwriters ( AN!/MAELU).

Nuclear Mutual Lic.ited (NML) will not issue a certificate until the effective dete of coverage commences N

(i.e., April 1, 1991).

(1)

New policy number not yet received 9104020119 910325 POR ADOCK 0 3000416 J

PlJR A9003E71/SNLICFLR - 1 M 00/

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March 25 1951

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GNRO-91/0 fdl

.Page 2 of 3 A copy of the NHL certificate expiring April 1,1991 is attached for your information.

The certificates of coverage for NML effective April 1, 1991 will be submitted to the NRC by June 30, 1991.

If you have any questions, please advise.

Yours-truly, w

"W WTC/WBR/mtc attachment:

cc:

Mr. D. C. Hintz (w/a)

Mr. J. Mathis (w/a)

Mr. R. B. McGehee (w/a)

Mr. N. S. Reynolds (w/a)

Mr. H. L. Thomas (w/o)

Mr. F. W. Titus (w/a)

Mr. Stewart'O. Ebneter (w/a)

Regional Administrator U.S. Nuclear-Regulatory Commission Region 11 101 Marietta St., N.W., Suite 2900 Atlanta, Georgia 30323 l

Mr. L. L. Kintner, Project Manager (w/a)

L Office of Nuclear Reactor Regulation U.S. Nuclear Regulatory Commission Mail Stop 11021 Washington, D.C.

20555 l

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A9003271/'iNLICFLR - 2

9 AMERICAN MAELU NUCLEAR MUTUAL ATOMIC ENERGY INSURERS LIABI'LITY UNDERWRITERS L

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Telephone (203) 677 7305 / Telecopier (203) 678 9083 The Exchange, Suite 245,270 Farmington Avenue, Farmington, CT 06032 CERTIFICATE OF INSURANCE This certificate is issued to the Certificate llolder as a matter of information only.

It does not amend, extend or alter the coverage afforded by the policies listed below.

Name of Insured ENTERGY Ol'ERATIONS. INC. t SYSTEM ENERGY RESOURCES. INC.

Malling Address P.O. Box 61000. New Orleans LA 70161 Location (s) Cavered Grand Gulf Nuclear Station. Port Gibson Mississicol This is to certify that the following policy (ies) issued by members of American Nuclear Insurers (ANI) and Hutual Atomic Energy Liability Undervriters (HAELU) to the Insured named above are in force as of the effective date of this certificate.

Policy Numbers Poliev Expiration Date*

Amount or Limit Deductible X90194 November 15, 1991

$560,000,000.

Type of Insurance: All risk of direct phy0ical damage to the Pre erty Insured by any j

cause of Loss specified as covered in the po' icy, provided such ohysical damage takes place during the policy period.

Cancellation of Policies:

Should the policy (ies) described above be cancelled before the expiration thereot, ANI or HAELU vill endeavor to mail or deliver advance written notice to the Certificate llolder, but failure to provide such notice shall impose no obligation of liability of any kind upon ANI or HAELU.

Name and Address of Certificate lloider Nuclear Regulatoly Commission Vashington, D.C.

20555 Attn:

Document Control Desk Effective date of the Certificate: _

Novamber 15. 1990

• A CERTIFICATE LIILL NOT BE ISSUED FOR ANY SUBSEQUENT POLICY PERIOD UNLESS REQUESTED.

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CERTIFICATE OF INSURANCE ISSUED TO:

U.S.

Nuclear Regulatory Commission ADDRESS:

Washington, DC 20555 Attn:

Document Control Desk THID IS - TO CERTIFY that insurance has boon offected with NUCLEAR ELECTRIC INSURANCE LIMITED,1201 Market Street, Suite 1200, Wilmington, Delawaro 19801, under Policy No. X90-047 as follows:

MEMBER INSURED:

System Energy Resources, Inc.

' ADDRESS:

c/o Entergy Services, Inc.

Dost Offico Box 61000

. low Orleans, Louisiana 70161 PROPERTY INSURED:

Grand Gulf Nuclear Station COVERAGE:

Decontamination Liability, Decommissioning Liability and Excess Property Insurance AMOUNT OF INSURANCE:

$1,125,000,000 ADDITIONAL INSUREDS:

Soo Attached Schedulo No. 1

-POLICY TERM:

12:01 a.m. on November 15, 1990 to 12:01 e.m. on November 15, 1991, Standard timo in Hamilton, Bermuda.

LOSS PAYEE CLAUSE:

Soo Attached Schedulo No. 2 l

l' SCHEDULE NO. 1 Insureds:

Entergy Operations, Inc.,

System Energy Resources, Inc.,

Entergy Corporation, South Mississippi Electric Power Association; Bechtel Corporation; Bechtel Power Corporation; and all -subsidiary and affiliated entities now. in existence or hereafter to be constituted.

Additional Insureas 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 enrporation, such insurance as is. afforded by thic policy and the fMlowing parties listed herein and their respective successors, assignees and transferees e.re also named as Additional Insureds:

1.

Meridian Trust Company, 35 North Sixth Street, Reading, Pennsylvania 19601, not in its individual capacity but as 'Jorporate Owner Trustee under the Trust Agreement No.1, dated as of December 1,

1988, among Meridian Trust Company and dated as cC December 1, 1988, among Meridian Trust Company c.nd Stephen M.

Carta, each individually and as Owner Trustee, and Public Service Resources Corporation as Owner Participant,

(" Trust Agreer..ont 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, riewa rk, New Jersey 07101, as transferee Owner Participant under Trust Agreement No.

1, which Trust Agreement No. 1 pertains, e.mong other things to Interest 1; 3.

Meridian Trust Company, 35 North Sixth Street, Reading, Pennsylvania 19601, not ira its individual capacity but as Corporate owner Trustee under the Trust Agreement No. 2, dated as of December 1,

1988, among Meridian Tramt Company and Stephen M.

Carta, each individually and as owner Trustee, and Lease Management Realty Corporation IV as Owner Participant,

(" Trust Agreement No. 2"), at d 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.

I Box 6687, Providence,.Rhode Island 02940, as transferee Owner l

Participant under Trust Agreement No.

2, which Trust Agreement No.

2 pertains, among other things to Interest 2.

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SCHEDULE NO. 2 Expenses covered under paragraph VI,1 (a) of this Policy sha.'l be adjucted with Entergy operations, Inc. or Entergy Services, Inc. as Agent, if Entergy Operations, Inc. so authorizes, and payable to Entergy Operations, Inc.

The expenses covered under paragraph VI.1 (b) and the losses covered under paragraph VI.1 c) of this policy shall be adjusted with Entergy Operations, Inc. or Entergy Services, Inc. au 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 Guarant'r 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 rust Company and Stephen M.

Carta, each individually and as owner Trustee, and Public Service Resources Corporation as Owner Participant

(" Trust Agreement No.

1"),

M ch Trust Agreement No.

1

pertains, among other

things, to a

12.2'68317% undivided interest in Grand Gulf Nuclear Station Unit 1 ("I storest 1"), Meridian Trust Company as Corporate Owner Trustee undec Trust Agreement No. 1 with respect to Interest 1,

all as their interests may appear under Trust Agreement No. 1 and the ONer Transaction Documents as defined therein (all references cantained 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 ny appear under Trust Agreement No. 2 and the other Transaction Documer.ts as defined therein (all reterences contained herein to the Corporation Owner Trustee or owner Participant, respectively, shall include such persons and their respective successors, assigns and transferees in such capacities) ;

and the -eceipt of the payee so designated shall constitute a release in full of all liability with resocct to such loss.

This Certificate is not transferable and may be cancelled by NUCLEAR ELECTRIC INSURANCE COMPANY by giving 60 days written notice to the. party to whom this certificate is issued prior to cancellation of the insurance described herein, unless specifically provided for otherwise under the Terms, Conditions and Exceptions of the Po] icy.

T'lIS 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.

EFFECTIVE DATE OF THIS CERTIFICATE:

November 15, 1990 CERTIFICATE EXPIRES:

November 15, 1991, unless cance)1ed sooner.

Signed by:

NUCLEl.R ELECTRIC INSURANCE LIMITE0

_.. MEhk of David H.

5cott,'

Vice President-Underwriting 4

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Suite 1200

N U C L E A R:

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' LI~M I T E D tsA e

TEL 302 888 - 300 -

FAX 302 888 jor '(Fin;nwe FAX 302 tw 'JH(Insur.ukei

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CERTIFICATE-OF INSURANCm:

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- ISSUED TO:

U.S. Nuclear Regulatory Commission l

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- ADDRESS:

Document Control Desk Washington, D.C.

20555 L

lL THIS-IS.TO CERTIFY that insurance has been effected with i

' NUCLEAR MUTUAL LIMITED,1201 Market Street, Suite 1200, Wilmington, Delaware 19801, under Policy No. C90-026.as.follows:

i-MEMBER INSURED:-:

System Ene.rgy-Resources, Inc.

ADDRESS:

c/o .ntergy Services, Inc.

D P.

. i Box 61000

-New Orleans, Louisiana 70161 PROPERTY INSURED:

Grand' Gulf Nuclear Station l

' COVERAGE:

, Combined Operating Frcilityf and Builders' ll Risk Pol' icy l

AMOUNT OF. INSURANCE:

-$500,000,000

- 1 POLICY TERM:--

12 : 01 a. :n. ' on April 1, 199 0 to 12 : 01 a. m. -

on April. 1,

1991, Standird time in Hamilton, Bermuda, i

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ADDITIONAL ~ INSUREDS:

-See-attached SCHEDULE I L

= LOSS PAYEE CLAUSE:

See attached SCHEDULE II

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' SCHEDULE NO. - I ATTACHING TO AND FORMING PART OF THE INSURANCE CERTIFICATE FOR NML-POLICY NO. C.1)-026 Item 10.-

Insureds:

System Energy Resources, Inc., Middle South Energy, Inc., Entergy Corporation; Mississippi Power & Light Company, South Mississippi Electric Power Association, Bechtel Corporation;;.Bechtel Power Corporation;' and all subsidiary and affiliated entities now in existence or hereaf te r to be constituted; all persons, firms or corporations with wt om 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 trans#erees are also named as. Additional Insureds:

1.-

Meridian Trust Company, 35 North sixth Street, Reading, Pennsylvania 19601, not in its individual capacity but as Corporate awter Trustee under the Trust Agreement No.

1, dated as o; December 1,

1988, among Meridian Trust Corc;any and St.ephen M.

Carta, each individually and as Ownet Trustee, and Public Service Resources Corporation as Gwnce PP:.ticipant,

(" 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 Agraement No.

1, which Trust Agreement No.

L 1 pertains, among other things to Interest.1; p

-3.

Meridian Trust Compr j, 35 North Sixth Street, Reading, Pennsylvania 19601,-not in its individual capacity but as Corporate Owner Trustee under the Trust Agreement No.

2, J 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 Nuc.' ear-Station Unit 1-(" 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 5 Agreement No. 2 pertains, i.mong other things to Interest 2.

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SCHEDULE NO. II ATTACHING TO AND FORMING PART OF THE INSURANCE CERTIFICATE FOR NML POLICY NO. C90-026 Item 6.

Loss Payee Clause B.

The losses covered under the Property Damage Coverage (Section q

i VI.1 (c) )

of this Policy shall be adjusted with Entergy Services, Inc., 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 Puel 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 Gult Nuclear Station Unit 1.(" Interest 1"), Meridian Trust Company as Corporate Owner Trustee under Trust Agreement No. I with respect to Interest 1, all as their interests may appear under i

Trust Agreement No.1,. and the other Transaction Documents as i

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 transfecce Owner Participant with respect to Lease Management Realty Corporation IV, the original Owner Part.icipant under Trust Agreement No. 2, dated as of December 1, 6988, among Meridian Trust Compcny and Stephen M.

Carta, each individually and as owner Trustee, and Lease Management Realty Corporation IV as owner Participant (" Trust Agreement j

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 the Trust Agreement No. 2 with respuct to Interest 2, all as their interests may appear under Trust Agreement No.

2 and.the other Transaction L

Documents as defined therein (all references contained herein to the Corporate Owner Trustee-or Owner. Participant, i

respectively, shall include such persons and their respective-successors, assigns and _ transferees in such capacities);

j PROVIDED, HOWEVER. any-loss tc material and supplies, or any l-loss where the aggregate amount to be paid by Insurer with raspect to such loss is less than $100,000, is payable to System Energy Resources, Inc.

The receipt of such payments j

under this clause by the payce so designated shall constitute a release in full of all litbility with respect to such loss.

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4 This certificate is~ --not - trans ferable and may be cancelled by

'u NUCLEAR MUTUAL LIMITED by. giving 60 days Written notice to the

~ party to whom this Certificate-is issued prior to cancellation of the insurance described herein, unless specifically provided for

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otherwise under the Terms, conditions and Exceptions of. the Policy.

I THIS CERTIFICATE'is.for information only; it is not a contract of j

insurance but attests that a policy as numbered herein,.and as it

-1 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.

EFFECTIVE'DATE OF THIS CERTIFICATE:

April 1,.1900 CERTIFICATE-EXPIRES:

April 1, 1991, unless cancel'ed sooner.

'I Signed by:

NGCLEAR MUTUAL LIMITED V.

W e Q ),f '

_ David'H. Scott,'

l-Vice Precident-Underwriting i

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