ML20134F300

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Responds to & Forwards Notice of Amend to Irrevocable Loc Presently in Effect for Parks Slda
ML20134F300
Person / Time
Site: 07003085
Issue date: 10/09/1996
From: Rosenthal P
BABCOCK & WILCOX CO.
To: Astwood H
NRC OFFICE OF NUCLEAR MATERIAL SAFETY & SAFEGUARDS (NMSS)
Shared Package
ML20134F303 List:
References
ESH96-033, ESH96-33, NUDOCS 9611050150
Download: ML20134F300 (1)


Text

i Os B&W Nuclear Environmental Services, Inc.

l a McDermott company P.O. Box 10548 I

Lynchburg, VA 24506-0548 l

(804)948-4600 ES1196-033 Fax: (804) 948-4846 October 9,1996 i

Ms. firather Astwood, Project Manager Low-Level Waste and Decommissioning Projects Branch Division of Waste Management TWFN 7F-27 U.S. Nuclear Regulatory Commission Washington, DC 20555-0001 i

l

Subject:

Parks SLDA - Nonstandard Financial Assurance l

SNM-2001 Docket No. 70-3085

References:

(a)

NRC (H. Astwood) letter to B&W NESI (P.Rosenthal), dated June 25,1996.

(b)

B&W NESI (P.Rosenthal) letter ES1196-028 to NRC (ll Astwood), dated August 21,1996.

Dear Ms. Astwood:

l This is in response to your letter of Reference (a) and is a follow up to my letter of Reference (b).

Enclosed for your records please find a Notice of Amendment to the Irrevocable Letter of Credit (LOC) presently in effect for Parks SLDA. The Notice of Amendment clTectively extends the Letter of Credit to September 26,1997 and revises, as you requested in paragraph 3 of Reference (a), the paragraph which l

addresses governing credit standards for the LOC.

I have also enclosed a letter from Bayerische Landesbank to the t'RC which states the bank's protocol in executing the automatic renewal provision of the Letter of Credit. L trust that this will satisfy your concern expressed in paragraph I of Reference (a).

1 Please note that we have taken no action with respect to paragraphs 2,4, and 5 of Reference (a) because it t

is unclear what action, if any, is needed. I agree with your earlier suggestion that a conference call on this l

subject, including principal individuals from the NRC, ARCO and B&W may be in order. Please advise.

1 i

If you have any questions concerning the enclosed documents, please do not hesitate to contact me.

l Sincerely, l

l Philip R.

senthal Senior Project Manager

Enclosures:

(1)

Notice of Amendment to irrevocable Letter of Credit (No. 0015/95).

/

l/l (2)

Bayerische Landesbank letter to the US Nuclear Regulatory Commission, dated September 26,1996.

I cc:

w/cncl.

K.B. Schoen, ARCO k

J.R. Lewis, B&W R. Fulton, NOLA 9611050150 961009 PDR ADOCK 07003085 C

PDR