ML20081H859

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Forwards Evidence to Guarantee Payment of Deferred Premium Obligation for Facility
ML20081H859
Person / Time
Site: Grand Gulf 
Issue date: 06/11/1991
From: Cottle W
ENTERGY OPERATIONS, INC.
To:
NRC OFFICE OF INFORMATION RESOURCES MANAGEMENT (IRM)
References
GNRO-91-00099, GNRO-91-99, NUDOCS 9106200084
Download: ML20081H859 (10)


Text

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Operations

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W. T. Cottle r,

,e June 11, 1991 U.S. Nuclear Regulatory Commission Mail Station P1-137 Washington, D.C.

20555 Attention:

Document Control Desk

Subject:

Grand Gulf Nuclear Station Unit 1 Docket No. 50-416 License No. NPF-29 Guarantee of Deferred Premiums

-GNRO-91/00099-Gentlemen:

Pursuant to 10CFR140.21, Entergy Operations, Inc., on behalf of System Energy Resources, Inc. (SERI) and South Mississippi Electric Power Association (SMEPA), owners of Grand Gulf Nuclear Station, Unit 1 (GGNS),

is submitting evidence to guarantee the payment of the deferred premium i

obligation for GGNS.

If-you_ have any questions or need additional-information, please advise.

]

.Yours truly,

[

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WTC/WBB'/mtc-l

-attachments: 1.

Endorsement to Certificate No. N-79 2.

Endorsement to Certificate No. M-79 3.

Annual Premium Endorsement Form for N.

4.

Annual Premium Endorsement Form for M-79

-5.

Secondary Financial-Protection cc:

(See Next Page) i L

l

.G9105071/SNLICFLR

'1:

.hhil 9106200084 910611

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June 11, 1991 GNRO-91/00099 Page 2 of 3 Mr. D. C. Hintz (w/a))

cc:

Mr. J. L. Mathis (w/a Mr. R. B. McGehee (w/a)

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

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

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

Mr. Stewart D. Ebneter (w/a)

Regional Administrator U.S. Nuclear Regulatory Commission Region 11 101 Marietta St., N.W., Suite 2900 Atlanta, Georgia 30323 Mr. L. L. Kintner, Project Manager (w/a)

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

20555 i

G9106071/SNLICFLR - 2

June 11, 1991 GNRO-91/00099 Page 3 of 3 bcc.

Mr. W. B. Brice (w/2)

Mr. R. W. Byrd (w/a)

/a)

Mr. L. F. Daughtery (w/a)

Mr. M. A. Dietrich (w Mr. J. O. Fowler (w/a)

Mr. W. K. Hughey (w/a)

Mr. C. R. Hutchinson (w/a)

Ms. F. K. Mangan (w/o)

Mr. J. R. McGaha (w/a)

Mr. M. J. Meisner (w/a)

Mr. D. L. Pace (w/a)

Mr. T. E. Reaves, Jr. (w/a)

.Mr.J.L.Robertson(w/a)

Mr. M. J. Wright (w/a)

Mr. G. A. Zinke (w/a)

File (LCTS) (w/a)(w/a)

File

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Hard Copy /a)

File RPTS) (w File NL) (w/a)

File Central) (w/a) (

12 )

G9106071/SNLICFLR - 3

a Nuclea.' Energy Liability Insurance NUCLEAll ENERGY LIABILITY INSURANCE ASSOCI ATION ENDORSEMENT TO CERTIFICATE NO. N-79 FORMING PART OF MASTER POLICY NO. 1 NUCLEAR ENERGY LIABILITY INSURANCE (SECONDARY FINANCIAL PROTECTION)

In consideration of its being added as a named insured in Certificate No. N-79 by Endorsement thereto and issued concurrently herewith, Entergy Operations, Inc. hereby executes the following Bond:

BOND FOR PAYMENT OF RETROSPECTIVE PREMIUMS Know All Men By These Presents, that the unde *-igned does hereby acknowledge that Mississippi Power & Light Company, System Energy Resources, Inc., and South Mississippi Electric Power Association and the undersigned are named insureds under Master Policy No. I described in the Certificate of Insurance and Declarations of Certificate No. N-79, which was issued to and signed by Mississippi Power & Light Company, Middle South Energy, Inc., and South Mississippi Electric Power Association with a Certificate Period beginning on June 16, 1982 and as amended.

The undersigned does hereby covenant with and is held and is firmly bound to the subscribing members of Nuclear Energy Liability Insurance Association (hereinafter called the " companies") to pay to the companies all retrospective premiums and allowances for premium taxes which shall become due and payable in accordance with the terms of Master Policy No. 1, as it may be changed from time to time, with interest on su(h premiums and allowances for taxes to be computed at the rate provided in Master Policy No. I from the date payment thereof is specified to be due the companies in a written notice to the first named insured, as provided in Condition 2 of Master Policy No. I until paid.

And it is hereby expressly atteed tha* copies of written notices of retrospective premiums and allowances for premium taxes due and payable or other evidence of such amounts due and payable sworn to by a duly authorized representative of the companies shall be prima facie evidence of the fact and extent of the liability of the named insureds for such amounts.

And it is further expressly agreed that the named insureds will indemnify the companies against any and all liability, losses and expenses of whatsoever kind or nature (including but not limited to interest, court costs and counsel fees) which the companies may sustain or incur (1) by reason of the failure of the named U

insureds to comply with the covenants and provisions of this Bond or (2) in enforcing any of the covenants or provisions of this Bond, or any provisions of Master Policy No. I relating to such covenants or provisions.

=-

o 2-T er the purpose of recording this agreement a photocopy acknowledged before a Notary Public to be a true copy hereof shall be regarded as an original.

TIE ABOVE BOND FORMS A PART OF MASTER POLICY NO.1.

CANCELLATION OR TERMINATION OF MASTER POLICY No. 1 OR CERTIFICATE NO. N-79 SHALL NOT AFFECT THE OBLIGATIONS OF THE NAMED INSUREDS UNDER MASTER POLICY NO.1 OR TIE BONDS TO PAY THE RETROSPECTIVF PREMIUMS AND ALLOWANCES FOR PREMIUM TAXES AS PROVIDED IN CERTIl_CATE NO.

N-79 AND CONDITION 2 0F MASTER POLICY NO. 1.

IN WITNESS WHEREOF, the undersigned named insured has caused this Bond for Payment or Retrospective Premiums, to be signed and sealed by a duly authorized officer, to be effective from and after the date stated below, eastern standard time.

Attestyryitness Named Insureds:

(Q ENTERGY OPERATIONS, INC.

(Named Insured - TyI!* or Print) h I

By /7 i

ISignature of Offi er)

G. E. Harder Vice President-Accounting & Treasurer (Type or Print Name & Title of Officer)

Date:

October 30, 1990 i

l TPIS IS TO CERTIFY THAT THIS IS A TRUE OPY OF THE ORIGINAL CERTiflCATE. BEAR'NG THE NUMBER DES NATED HEREON, FOR INSURAF CE COVERAGE U ER THF N POLICY NUCLEAR ENERGY UABlui ItufyJ4;f I f'JpCIAL PROTECTION). NO INSURAP' ' 'tTcf::nW UdrM %

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JOHN L 0 TTPZCHI l

ViCE PRETCDd-UNDEMR TWG i-Effective Date of AMERICAN NUCLEAR INSURLRS this Endorsement June 5, 1990 To form a part of Certificate No. N-79 12:01 A.M. Standard Time Entergy Operations, Inc., System Energy Resources, Inc., South tiississippi Issued to Electric Power Association and Mississippi Power & Light Comaany Date of Issue July 11, 1990 Fot the Sub ribing Companies By

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PRESIDENT Endorsement No.

19 Countersigned by

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huclear EnGrgy Liability Insurance 1

MUTUAL ATOMIC ENERGY LIABILITY UNDERWRITERS ENDORSEMENT TO CERTIFICATE NO. M-79 FORMING PART OF MASTER POLICY NO. 1 NUCLEAR ENERGY LIABILITY INSURANCE (SECONDARY FINANCIAL PROTECTION)

In consideration of its being added as a named insured in Certificate No, M-79 by Endorsement thereto and issued concurrently herewith, Entergy Operations, Inc. hereoy executes the following Bond:

BOND FOR PAYMENT OF RETROSPECTIVE PREMIUMS Know All Men By These Presents, that the undersigned does hereby l

acknowledge that Mississippi Power & Light Company, System Energy Resources, Inc., and South Mississippi Electric Power Association and the undersigned are named insureds under Master Policy No. I described in the Certificate of Insurance and Declarations of Certificate No, M-79, which was issued to and signed by Mississippi Power & Light Company, Middle South Energy, Inc., and South Mississippi Electric Power Association with a Certificate Period beginning on June 16, 1982 and as amended.

The undersigned does hereby covenant with and is held and is firmly bound to the subscribing members of Nuclear Energy Liability Insurance Association (hereinafter called the " companies") to pay to the coc'panies all retrospective premiums and allowances for premium taxes which shall i

become due and payable in accordance with the terms of Master Policy l

No. 1, as it may be changed from time to time, with interest on such i

premiums and allowances for taxes to be computed at the rate provided l

in Master Policy No. I from the date payment thereof is specified to be due the companies in a written notice to the first named insured, l

as provided in Condition 2 of Haster Policy No. 1 until paid.

And it is hereby expressly agreed that copies of written notices of retrospective premiums and allowances for premium taxes due and payable or other evidence of such amounts due and payable sworn to by a duly authorized representative of the companies shall be prima facie evidence of the fact and extent of the liability of the named insureds for such amounts.

And it is further expressly agreed that the named insureds will indemnify the companies against any and all liability, losses and expenses of whatsoever kind or nature (including but not limited

)

to interest, court costs and counsel fees) which the courpanies may sustain or incur (1) by reason of the failure of the named insureds to comply with the covenants and provisions of this Bond or (2) in enforcing at.; of the covenants or provisions of this Bond, or any provisions of Master Pclicy No. I relating to such covenants or provisions.

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'- v. ~ q 2-For the purpose of recording this agreement a photocopy acknowledged before a Notary Public to be a true copy hereof shall be regarded as an original.

THE ABOVE BOND FORMS A PART OF MASTER POLICY NO. 1.

CANCELLATION OR TERMINATION OF MASTER POLICY NO. 1 OR CERTIFICATE NO. M-79 SHALL NOT AFFECT THE OBLIGATIONS OF THE NAMED INSUREDS UNDER MASTER POLICY No. 1 OR THE BONDS TO PAY THE RETROSPECTIVE PREMIUMS AND ALLOWANCES FOR PREMIUM TAXES AS PROVIDED IN CERTIFICATE No.

M-79-AND CONDITION 2 0F MASTER POLICY NO. 1.

IN WITNESS WHEREOF, the undersigned named insured has caused this Bond for Payment or Retrospective Premiums, to be signed and sealed by a duly-authorized officer, to be effective from and after the date stated below, eastern standard time.

Attest or W tness Named Insureds:

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ENTERGY OPERATIONS, INC.

(Named Insured - Typ or Print) 8 By

Tilgnature of Officer)

G. E. Harder Vice President-Accounting & Treasurer (Type or Print Name & Title of Officer)

L Date:

October 30. 1990 THIS IS TO CERTIFY THAT THIS IS A TRUE COPY OF THE ORIGINAL CERTiflCATE. BEARING THE NUMBER DESIGNATED HEREON, FOR INSURANCE COVERAGE UNDER THE MASTERjOLICY-NUCLEAR ENERGY LIABILITY l 4SURANCE (SECONDARY FINANCel PROTECTION) NO INSURANC 13 ATgED JOHN L Dw16 -

ViCE PRESID T-UNDERWRITING Effeetive Date of AMERICAN NUCLEAR INSURERS June 5,=1990 7, f,,.a part of certificate No.

11-79 this Endorsement-Issued to E htke b h!$c kl$n fli kho bekl bhM h n Date of Issue July-11, 1990 For the Subscribing Companies MUTUAL A IC ENERGY LIABILITY RVRITERS.-.

s. cdM" 8x s

MD Endorsement No.

19 counterst ed by imAu

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i NUCLEAR ENERGY LIABILITY INSURANCE NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION ANNUAL PREMlUM ENDORSEMENT CALENDAR YEAR 1991

1. ANNUALPREMlUM: It is agreed that the Advance Premium due the companies for the period designated above ist $5,813.00 THIS IS TO CERTIFY THAT THt$ IS A Ti1VE COPY OF THE ORIG CERTIFICATE, DEARING THE NUMBER DESIGNATED HEREON. FOR INSURANCE COVERAGE UNDER THE MASTER P ICY NUCLEAR LIABILITY IN TMCS (SECONDARY FINANCIA ROTECTION), NO INSURANCE 1..

ATT SY JOHN L QU,~,10CCHI VICE PRESIDEN -UNDERWRITING Effective Date of

-this Endorsement: January 1,1991 To form a part of Certificate No.

N 0079 (12:01 A.M. Standard Time)

Issued to:

Entergy Operations. Inc., Systam Energy Resources, Inc., South Mississippi Electric Power Association and Mississippi Power &

Light Company Date of Issue:

November 21,1990 For the,qu ribingceyanies By Oh ~

  1. President

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TWAT htt4Q Endorsement No: 20 Countersigned by

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  • NUCLEAR ENERGY LIABILITY INSURANCE MUTUAL ATOMIC ENERGY LIABILITY UNDERWRITERS ANNUAL PREMlUM ENDORSEMENT CALENDAR YEAR 1991
1. ANNUAL PREMlUM: It is agreed that the Advance Premium due the companies for the period designated above is:

$ 1,687.00 TH!S IS TO CERTIFY THAT THis (S A TRUE COPY OF CERTJtCATE. BEARING THE NUf/ DER NSIGN M.t'WCE F,FCDNDARY FINANr/'PL PRCTECTION). NO LIA91;T i.5 * *^ nCO )' TQ ~i~.M. %4db,;[L[

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VICE i ndlCNT-UNDERWRITING

/MERICAN tiUCLEAR INSURERS Effective Date of this Endorsement:

January 1,1991 To form a part of Certificate No, M -0079 (12:01 A.M. Standard Time)

Issued to: Entergy Operations, Inc., System Energy Resources,Inc., South Mississippi Electric Power Association and Mississippi Power &

Light Company Date of Issue:

November 21, 1990 For the ubscribing ompanies

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m T 1 M'Q Endorsement No:

20

OGafP f%ge 1 of 1 GAND CUIE NOCLEAR STATICH ED;DRMRY FDWK'IAL Immq11W I

IW4ED INSURED:

  • Entergy Operaticm, Inc.; Systan Energy Resourms, Im.; south Mississi;pi Electric Twar Association; ard Mississi;pi Iwer & Light Ctrinny 215@g:

Amrican Nuclear Imurers (MI) - 77.5)

Mutual Atanic Energy Liability Underwriters (MAEW) -

22.5%

l 4

IOLICY IU4BER:

ANI N-79 MAEW M-79 IOLICY PERIOD:

12: 01 a.m., June 16, 1982 until cancelled Annivernuy: Jantury 1 mch year Johnsco & RicyJ ns of Imisiana, Inc.

i AGI2g:

HUMRM

  • Fbr 1991 Calerdar Year ANI

$5,813 MAEW

_1.687 i

$7,500 i

INSURING Assures that a-e of $10 Millicn (naximum AGREFMENT:

annual assessment) per reactor subject to a Raxirum of

$30 Million will be available to guarantee payment of the retzmpoctive prunium ^went, as prcuided urder the Prioe-Arderson Act, where a utility might default in the payment of satt a"ent in the event of a nuclear incident.

INDUS'IRY LIMIT

$30 Million per incident per year OF LIABILITY:

$60 Million irdustry aggregate for two or more incidents regardless of the period of time.

DEDUCTIBIE:

Ncne Distr.:

Systan Energy 2

l Entergy Services 3

    • enotes Onnge 1

l ESI/BMP Rev. 2/18/91 (Supersedes SSI/RMP Rev. 3/1/90)

S14DPT/07.1

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