ML20154B010

Application for Amend to License TR-2,changing Name of Licensee from CBS Corp Acting Through W Div to CBS Corp. Nshc,Info Concerning Change in Contact Point & Info Concerning Financial Assurance for Decommissioning,Encl

ML20154B010
Person / Time
Site:	Waltz Mill
Issue date:	09/28/1998
From:	Briskman L CBS, INC./CBS NEWS
To:	Collins S NRC (Affiliation Not Assigned)
Shared Package
ML20154B014	List: ML20154B010 ML20154B048
References
NUDOCS 9810050073
Download: ML20154B010 (14)

Text

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OCBS CBS CORPORATION 51 WEST 52 STAEET NEW YORK NEW YORK t0099 6 Tea

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S 0 .2 S j Louts J. BRIUMMAN l

E> ECUTNE viCE PRESCENT MO GENE AAL COUNSEL {

I September 28,1998

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1 Mr. Samuel J. Collins, Director )

Office of Nuclear Reactor Regulation U. S. Nuclear Regulatory Commission Washington, D.C. 20555-0001

Subject:

Request For A Name Change Amendment to License Number TR-2, Docket Number 50 022 Dear Mr.Collms.

CBS Corporation, acting through its Westinghouse Electric Company division ("CBS")'

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' hereby submits this Application for a license amendment to the possession only license \

for the Westinghouse Test Reactor, License Number TR-2, Docket Number 50-022 (the "TR-2 License"). The purpose of the Application is to change the name of the Licensee on the TR-2 License from "CBS Corporation acting through its Westinghouse Electric l Company division" to "CBS Corporation". No other revision to the TR-2 License is  ;

requested.  !

On June 26,1998, CBS announced that it had entered into a contract with a consortium comprised of Morrison Knudsen Corporation and BNFL USA Group,Inc.(the \

" Purchasers") for the sale (with certain exceptions) ofit's nuclear and government I

services businesses, which comprise its Westinghouse Electric Company division. As part of that sale, the majority of the existing nuclear licenses for CBS's nuclear facilities will be transferred to a new company that is being formed by the Purchasers to hold the assets and facilities associated with the transferring licenses. The Westinghouse Test Reactor facility ("WTR facility") and associated TR-2 License will not be transferred as >

part of the sale and will be retained by CBS. CBS also will retain the responsibility to decommission the facility and terminate the license in accordance with the current

" Decommissioning Plan" that has been submitted for review and approval by the NRC.

' On December 1,1997, Westinghouse Electric Corporation formally changed its name to CBS Corporation.

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Mr. Samuel J. Collins, Director

', Office of Nuclear Reactor Regulation September 28,1998 a Page 2

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l The need for the requested amendment to the TR-2 License being retained by CBS is due to the fact that the Purchasers will have the right to continue using the Westinghouse j name in connection with the CBS nuclear assets and facilities they will acquire in the

! sale.

The requested name change does not involve any change in the CBS management organization, location, facilities, equipment, or procedures related to or personnel l responsible for the licensed activities under the license covered by this request. All l existing commitments, obligations, and representations remain in effect.

1 In support of this Application for a license amendment, attached is an " Analysis of the Issue of No Significant Hazards Consideration"(Exhibit A), information concerning a change in contact point for the License (Exhibit B), and information concerning the financial assurance for decommissioning (Exhibit C).

The fee for this request for license amendment is subject to full cost recovery of the review. CBS will pay these fees upon billing by the NRC in accordance with 10 CFR Section 170.12.

If you have any questions concerning this application, please contact Mr. A. Joseph Nardi at the above address or by telephone at (412) 374-4652. j l

Sincer ly, 8

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s.B k an Executive Vice President and General Counsel LJB/jmg l CC:

Richard K. Smith, Director Environmental Remediation, j CBS Corporation i

A. Joseph Nardi, Supervisory Engineer l EHS Regulatory Affairs.

Westinghouse Electric Company, a division ofCBS Corporation l Copies Transmitted: 3 notari:edand 15 conformed

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Mr. Samuel J. Collins, Direc%r

. Office of Nuclear Reactor Regulation September 28,1998 l Page 3 COMMONWEALTH OF PENNSYLVANIA )

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COUNTY OF ALLEGHENY )

Before me, the undersigned notary public, this day personally appeared Louis J.

Briskman, Executive Vice President and General Counsel, CBS Corporation, 6 Gateway Center,11 Stanwix Street, Pittsburgh, PA 15222 to me known, who being duly swom j according to law, deposes and says: that the statements swom to in this letter and i

attachment are correct and accurate to the best of his knowledge.

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Sigture of affiant Subscribed and swom to before me l this 26 day of September,1998 I J-7 MbtalyPublic Notanal Seal Jody Grant. Notary Public Pittsburgh. Megheny County My Connissco Expres Nov. 13.2000 Momeer. Pennsylvane Assoostion of tetares I

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E EXHIBIT A ANALYSIS OF NO SIGNIFICANT HAZARDS CONSIDERATION FOR NAME CHANGE AMENDMENT OF THE WESTINGHOUSE TEST REACTOR FACILITY LICENSE NUMBER TR-2, DOCKET 50-022 I

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l ANALYSIS OF

.'. NO SIGNIFICANT HAZARDS CONSIDERATION FOR NAME CHANGE AMENDMENT OF THE l

WESTINGHOUSE TEST REACTOR FACILITY LICENSE NUMBER TR-2, DOCKET 50-022 l REFERENCE 10 CFR 50.91(a)

The proposed change that is the subject of the requested amendment has been evaluated against the standards of 10 CFR 50.92(c) and it has been determined to not l involve any significant hazards consideration in that licensed activities in accord with the proposed amendment:

1) Would not involve a significant increase in the probability or consequences of an accidentpreviously evaluated.

The proposed amendment will change the name of the Licensee for the Westinghouse Test Reactor ("WTR facility") TR-2 license, a possession only license (the "TR-2 License"), from ""CBS Corporation, acting through it's ,

Westinghouse Electric Company Division" to "CBS Corporation"' . The I amendment request is necessary because on June 26,1998 CBS Corporation

("CBS")2 announced that it had entered into a contract with a consortiurn comprised of Morrison Knudsen Corporation and BNFL USA Group, Inc.(the

( " Purchasers") for the sale (with certain exceptions) of it's nuclear and l government services businesses, which comprise its Westinghouse Electric l Company division. The WTR facility and the associated TR-2 License is not i being transferred to the new company that is being formed by the Purchasers to l hold the nuclear assets and facilities, and associated nuclear licenses, that will l be transferred under the terms of the sale. CBS will retain the WTR facility and l TR-2 license and the responsibility to continue the on-going decommissioning and license termination activities in accordance with the " Decommissioning Plan"

! that has been submitted to the NRC for review and approval. (See " Waltz Mill l Facility SNM Remediation Plan, Revision 0," dated November,271996.) The

! need for the requested amendment to the TR-2 License being retained by CBS is due to the fact that the Purchasers will have the right to continue using the Westinghouse name in connection with the CBS nuclear assets and facilities they will acquire in the sale.

There is no change in the financial qualification of CBS to continue to hold the TR-2 License. In order tc complete the decommissioning of the WTR facility as

' This name change was issued as Amendment No. 7 (July 31,1998) to the license.

8 On December 1,1997, Westinghouse Electric Corporation formally changed its name to CBS Corporation.

-1 described in the Decommissioning Plan, CBS has entered into contracts with several third party organizations as described in the Decommissioning Plan.

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. These contracts will remain in place between CBS and each respective third l party so that there will be no effective change in the personnel associated with the on going decommissioning project under the TR-2 License. CBS will continue to retain fuil responsibility for the project and will therefore continue to provide direct management oversight in the form of project management personnel who will remain CBS employees or are contractor personnel reporting directly to CBS.

Under the provisions of the Decommissioning Plan, personnel at the Waltz Mill Site currently provide certain oversight activities with respect to radiation safety L.

for the WTR facility decommissioning project. These oversight activities primarily i involve the review and approval.of the decommissioning activities utilizing the Radiation Safety Committee that is established under the site's active SNM-770 4 license. The assets and facilities, including personnel, associated with the SNM-  !

770 license will be transferred to the Purchasers as part of the sale transaction.

It therefore will be necessary for CBS and the Purchasers to continue to coordinate the activities conducted under the active SNM-770 license that support the TR-2 decommissioning activities. CBS Corporation will establish an on-going relationship with the Purchasers prior to the closing of the sale  ;

transaction to continue such site oversight activities provided by the Waltz Mill Site under license SNM-770, as described in the Decommissioning Plan.

1 in summary, the CBS personnel responsible for decommissioning activities under the TR-2 License will continue to be technically qualified to carry out i

licensed activities. In connection with the name change, there will be no 1

- effective change in the personnel who are responsible to complete the TR-2 l License decommissioning effort as described in the Decommissioning Plan,  !

although there will be one new relationship established between CBS and the '

purchasers to continue this effort; i.e., Waltz Mill Site personnel will act as l contractors to CBS rather than as licensee personnel. Thus, the requested  ;

amendment does not involve any changes in the conduct of licensed activities, I which will continue in their current form without interruptions of any kind.  !

- 1 The oroposed amendment also does not require any physical change to the WTF facility or changes to the Technical Specifications or procedures under the TR-2 License. The proposed change does not increase the probability of an acc dent previously evaluated because it does not affect any initiators in any of the previously evaluated accidents. The proposed change does not increase the consequence of any accident previously evaluated because it does not affect any of the items on which the consequence depend.

Therefore, the proposed amendment does not involve a significant increase in the probability or consequences of an accident previously evaluated.

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2) Would not create the possibility of a new or different kind of accident from any

. accident previously evaluated.

The proposed amendment does not modify the WTR facility configuration or licensed activities. Thus no new accident initiators are introduced.

1 Therefore, the proposed amendment does not create the possibility of a new or different accident from any accident previously evaluated.

3) Would not involve a significant reduction in a margin of safety.

j This amendment is necessary because of the announced sale by CBS (with certain exceptions) of its nuclear and government services businesses to the Purchasers. CBS continues to be financially qualified to hold the WTR facility TR-2 License.

b Furthermore, the CBS personnel responsible for decommissioning activities  :

i under the TR-2 License will continue to be technically qualified to carry out licensed activities. In connection with the name change, there will be no effective change in the personnel who are responsible to complete the TR-2 License decommissioning effort as described in the Decommissioning Plan, although there will be one new relationship established between CBS and the purchasers to continue this effort; i.e., Waltz Mill Site personnel will act as contractors to CBS rather than as licensee personnel. Thus, the requested amendment does not involve any changes in the conduct of licensed activities, which will continue in their current form without interruptions of any kind.

The proposed amendment does not alter any margin of safety because it does not involve any changes in the WTR facility or licensed activities under the TR-2 License which will continue in the current form without interruptions of any kind resulting from the name change.

Therefore, the proposed amendment does not involve a significant reduction in a )

margin of safety. i l

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i EXHIBIT B CONTACT LIST FOR WESTINGHOUSE TEST REACTOR FACILITY l LICENSE NUMBER TR-2, DOCKET 50-022 i 4

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CONTACT LIST WESTINGHOUSE TEST REACTOR FACILITY

. LICENSE NUMBER TR-2, DOCKET 50-022 Principle: CBS Corporation Gateway Center 11 Stanwix Street l Pittsburgh, PA 15222 Mailing address for correspondence regarding this matter until closing of the sale transaction described in the Application for amendment:

Westinghouse Electric Company Energy Systems l P. O. Box 355 Pittsburgh, PA 15230 I Attention: Mr. A. Joseph Nardi, Supervisory Engineer Energy Systems, Regulatory Affairs Telephone: (412) 372-1450 Mailing Address for all licensing correspondence on and after closing of the sale transaction described in the Application for amendment:

CBS Corporation Gateway Center 11 Stanwix Street Pittsburgh, PA 15222 Attention: Mr. Richard K. Smith, Director Environmental Remediation for CBS Corporation Telephone: (412) 642-3285

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EXHlBIT C 4

FINANCIAL ASSURANCE FOR DECOMMISSIONING WESTINGHOUSE TEST REACTOR FACILITY LICENSE NUMBER TR-2, DOCKET 50-022 j

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FINANCIAL ASSURANCE FOR DECOMMISSIONING WESTINGHOUSE TEST REACTOR FACILITY

, LICENSE NUMBER TR-2, DOCKET 50-022 The existing financial assurance mechanism for the WTR facility is incorporated into an overall financial assurance document that covers all of the CBS facilities that are licensed by the USNRC. The latest submittal of this document was made by letter dated February 20,1998 as supplemented by letter dated July 10,1998. This document was accepted by the USNRC by letter dated July 23,1998.

Financial assurance for decommissioning is provided in the form of a Standby Trust and

associated Standby Letters of Credit. Amendment #3 to the Standby Trust already incorporated a name change to "CBS Corporation". Additional appropriate amendments will be made to the existing Standby Trust and Standby Letters of Credit to reflect the changes that will be required in connection with the consummation of the 4

announced sale.

Attached is a copy of the latest submittal documents and the associated acceptance letter from the USNRC.

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j Westinghouse 8ectric Company, Energy Systems sexass J

a dvision of CBS Corporation Pittstnagh PennsyMna 15230 4 355

July 10,1998 1

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l 3 U.S. Nuclear Regulatory Commission l Washington, D.C. 20555 l ,

l i Attention: Mr. Louis Bykoski I i I I

Subject:

Resubmitted Financial Assurance Mechanism for Decommissionina t

Dear Mr. Bykoski:

I The Westinghouse Electric Company, a division of CBS Corporation (" Westinghouse") hereby transmits the attached Amendment Number 3 to the Standby Trust Agreement. Westinghouse j understands that a duplicate letter of credit has already been transmitted directly to you by the i Toronto Dominion Bank. These two transmittals complete the information necessary to l complete the actions that were intended to be taken by the Westinghouse letter dated I i

February 20,1998 which apparently has been lost in the mail. To complete the official l 1

records, attached is a copy of that original submittal. ,

in addition to your copy of the signed original, enclosed are two additional copies'of Amendment No. 3 to the Standby Trust Agreement. Please have an appropriate agency official execute these documents, and retum two of the copies to me for our files and the files of the Trustee bank.

If you have any questions concoming this transmittal, please contact me at the above address or by telephone at (412) 374-4652.

i Very tmly yours, A. J ph ,S tvisory Engineer Energy Systems, R ulatory Affairs Attachments 9 $ D '119 0 3 '^ O- l P-

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AMENDMENT NO,3 TO STANDBY TRUST AGREEMENT This Amendment No. 3 to Standby Trust Agreement (" Amendment No. 3") is entered into as of February 6,1998 by and between CBS Corporation, a Pennsylvania corporation (" Grantor") and Dai Ichi Kangyo Trust Company of New York, incorporated in the State of New York (" Trustee").

RECITALS WHEREAS, the original Standby Trust Agreement was entered into as of April 7,1996 by and between Westinghouse Electric Corporation, a Pennsylvania corporation and Dai Ichi Kangyo Trust '

Company of New York, incorporated in the State of New York (the " Standby Trust Agreement"); and such Standby Trust Agreement was subsequently amended by the parties by Amendment No. I dated January 1997 and by Amendment No. 2 dated September 1997; and 1

WHEREAS, the Grantor, Westinghouse Electric Corporation, changed its corporate name to i

CBS Corporation effective as of December 1,1997; and Grantor desires to reflect such name change in the Standby Trust Agreement, as previously amended and as further amended by this Amendment No. 3.

i NOW THEREFORE, for good and valuable consideration and intending to be legally bound, the i parties further amend the Standby Trust Agreement as follows:

1) The Schedule A submitted with the Standby Trust Agreement and as last amended by Amendment No. 2 is replaced with the Schedule A attached to this Amendment No. 3.

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2) The Schedule B submitted with the Standby Trust Agreement and as last amended by Amendment 1 No. 2 is replaced with the Schedule B attached to this Amendment No. 3. I

3) . Except as set forth herein, the Standby Trust Agreement shall remain unchanged and in full force and effect.

IN WITNESS WHEREOF, the parties have caused this Amendment No. 3 to the Standby Trust ,

Agreement to be executed by their respective duly authorized officers as of the date first noted above. j M1 "EST: CBS CO N

- By:

CAMorT Vice President Tre iurer ATIEST: DAI-! CHI KANGYO OMPANY OF NEW Y RK

& By:

i v AGREED TO AND ACCElrrED:

A'ITEST U.S. NUCLEAR REGULATORY COMMISSION By:

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SCHFnUI E A TO STANDBY TRf *ST AGRFFMENT LISTING OF NRC LICENSES FOR WESTINGHOUSE ELECTRIC COMPANY I .

' TRUST AGREEMENT SCHEDULE I .

RNANCIAL NRC

- -ASSURANCE LICENSE FACILITY TYPE OF VALUE' NUMBER LOCATION AND ADDRESS LICENSE IN $000 i SNM-l 107 Nuclear Fuel Fabrication SNM 50.780' Bluff Road, Columbia.SC 29250 2 37-5809 01 Pump Repair Facility-EMD Combined Materials 7,000' Cheswick Ave.,

Cheswick, PA 15024 3 37 5809-02 Industrial Radiography Facility Byproduct 18' Cheswick Avenue

• Cheswick, PA 15024 l 4 SNM 1120 Plutonium Fuels Development Labr SNM 25 Cheswick Ave.

Cheswick, PA 15024 5 SNM-770 Waltz Mill Site Combined Materials 24,051' P.O. Box 158 Madison. PA 15663-0158 l 6 TR-2 Westinghouse Test Reactor 3 Part 50 13,948' Waltz Mill Site l

P.O. Box 158 Madisor,, PA 15663-0158 l 7 SNM 1460 Science and Technology Center Combined Materials 2,777 4 (Hot Cells), Beulah Road Pittsburgh, PA 15235 8 SNM-47 Science and Technology Center Combined Materials l',928' i Beulah Road Pittsburgh, PA 15235 9 37-00497 15 Forest Hills Site 8 Combined Materials 750 P.O. Box 855 Pittsburgh, PA 15230-0855 10 SMB 1527 Bloomfield, New Jerseys Source Material 15 0 P. O. Box 127 i Westinghouse Plaza Bloomfield,NJ 07003 Totals 101.427 i Financial assurance values referenced in (10CFR 30.35,40.36,50.75 and 70.25).

2 Decommissioning completed.

l 3 "Ihis is possession only type license, j Decommissioning cost is based on an engineering study.

Under active decommissioning. 01/98

SCHFDULF B TO STANDBY TRUST AGRElfMENT

, LISTING OF LETTERS OF CREDIT Date Entered (1) Issuing Institution of Irrevocable Letter of Credit

• Amount April 9,1993 Chemical Bank Delaware $4,380,000.00 P. O. Box 8840 Wilmington, DE 19899 April 9,1993 ABN AMRO Bank N.V. $18,845,000.00 Pittsburgh Branch One PPG Place Suite 2950 Pittsburgh, PA 15222-5400 January 24,1995 The Toronto-Dominion Bank $38,102,000.00 Three First National Plaza 70 West Madison Street Suite 1900 i Chicago,IL 60602 April 7,1996 The Toronto-Dominion Bank $21,041,000.00 Three First National Plaza 70 West Madison Street Suite 1900 Chicago,IL 60602 September 15,1997 Dai-Ichi Kangyo Bank $7,961,000.00 1 World Trade Center 49* Floor New York, NY 10048 February 6,1998 The Toronto-Dominion Bank $ 11,098,000.00 Three First National Plaza 70 West Madison Street Suite 1900 Chicago,IL 60602 TOTAL $101,427,000.00

• Beneficiary of Letter of Credit is NRC (1) Automatically renew after 12 months unless prior notice is given.

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O Westinghouse Electric Company, Energy Systems Box 355 a division of CBS Corporabon Pittsburgh Pennsytvania 152304355 RA-98-017 February 20,1998 U.S. Nuclear Regulatory Commission Washington, D.C. 20555 Attention: Director, Office of Nuclear Material Safety and Safeguards

Subject:

Revised Financial Assurance Mechanism for Decommissionino

Dear Sir:

The Westinghouse Electric Company, a division of CBS Corporation (" Westinghouse") hereby submits a revision increasing the total dollar amount of decommissioning financial assurance funds for its' NRC licensed facilities from the amount identified in Westinghouse's last updated submittal to the Commission dated September 26,1997. The financialinstrument being used by Westinghouse to reflect the increase in the Financial Assurance Mechanism is an increase to an existing letter of credit with an associated amendment to the existing standby trust agreement. This submittalis to maintain compliance with the Commission's decommissioning financial assurance regulations contained in " General Requirements for Decommissioning Nuclear Facilities," 10 CFR Parts 30,40, 50, and 70.

The increased decommissioning financial assurance amount, as reflected in the revised standby letter of credit, is the net effect associated with three (3) changes that are being made in the overall Westinghouse decommissioning financial assurance amount. These changes incorporate an additional 25% contingency factor in the cost estimates for Ucense Number SNM-47, SNM-1107, and SNM-1460. This action is being taken in response to NRC reviews of the cost estimates submitted for Ucenses SNM-1107 and SNM-1460 along with a requested Ucense Amendment to incorporate Ucense SNM-47 Into Ucense SNM-1460. The cumulative effect of those changes is to increase the overall amount of financial assurance required for Westinghouse by an amount of $11,098,000.

This revised submittal includes the following attachments: Continuing Certification of Financial Assurance (Attachment 1); Amendment No. 3 to Standby Trust Agreement (Attachment 2); a new Standby Letter of Credit in the amount of $11,098,000.00 (Attachment 3); and the Westinghouse Certification of Authorized Signature (Attachment 4), included in Attachment 1 is a revised identification of the specific NRC licenses held by Westinghouse.

1 Also enclosed are two copies of Amendment No. 3 to the Standby Trust Agreement. Please have an appropriate agency official execute these documents, as well as the NRC's original of the Amendment No. 3 to the Standby Trust Agreement (Attachment 2) which forms a part of this submittal, and return the two copies to me for our files and the files of the Trustae bank.

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[., if you hiva any qurstions conceming this transmittal, please contact me at the above address or by telephone at (412) 374-4652.

Very truly yours, 4

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A. seph' ardi, pervisory Engineer Energy Systems, Regulatory Affairs

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' 1 ATTACHMENT 1

CONTINUING CERTIFICATION i

OF FINANCIAL ASSURANCE i

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ATTACHMENT 1 I

CONTINUING CERTIFICATION OF FINANCIAL ASSURANCE i

Pnneipal: Westinghouse Electric Company, a division of CBS Corporation Energy Center Site 4350 Northern Pike Monroeville, PA 15146-2886 l

j' Mailing address for correspondence regarding thir matter-Westinghouse Electric Company PO Box 355 i Pittsburgh PA 15230 Attention: Mr. A. Joseph Nardi f'

NRC license numbers, name and address of each facility:

See Attachment 1, p. 2 (List of WM=Paa licenses covered by this cerufication)

Issued to: US Nuclear Rel='~y Comnussion Washmgton DC 20555 This is to certify that WM=f =: a Electric Company, a division of CBS Corporation, is licensed to possess a Production and Unhe= Facility, and By-produe:, Special Nuclear and Source Materials licenses; and that financial assurance in the amounts prescribed by 10 CFR Parts 30,40, 50, and 70 has been obtamed for the purpose of d+ - =.issioeng The list oflicenses in A"*Amaat 1, page 2, idennnen the speciSc heenses currently covered and the amounts of financial assurance provided for each. The total Annami assurance amounts to $101,427,000, an increase of $11,098,000 over prevmus financial assurance amounts.

Sincerely, i

A4 Charles W. Pryor Jr., Proident W

Westinghouse Electric Company, a division of CBS Corporation

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ATTACRWTNT I LISTING OF NRC LICENSES FOR WESTINGHOUSE ELECTRIC COMPANY

. CONTINUING CERTIFICATION OF FINANCIAL ASSURANCE l

FINANCML NRC ASSL7ASCE LICENSE FACILITY TYPE OF VALCF

, NUMBER LOCA710N AND ADDRESS LICENSE IN $000 1 SNM-1107 Nuclear Fuel Fabrication SNM 50.780'

, BluffRoad, Columbia, SC 29250 1

, 2 37 5809 01 Pump Repair Facility EMD Combined Matenals 7.000' I Cheswick Ave., '

Cheswick, PA 15024 3 37 5809 02 Industrial Radiography Facility Byproduct 18' l Cheswick Avenue Cheswick, PA 15024 4 SNM 1120 Plutonium Fuels Development Lab

• SNM 25  !

Cheswick Ave.

Cheswick, PA 15024 5 SNM-770 Waltz Mill Site raa*w Maienals 24,051' P.O. Box 158 Madison, PA 15663 0158 6 TR-2 Weay-u Test Reactor3 Part 50 13,948 d Waltz Mill Site P.O. Box 158 Madison, PA 156634154 7 SNM-1460 Scianos andTechnology Canini ca=hiand Matenals 2,777' (Hot Calls), Beulah Raad Pittsburgh,PA 15235 8 SNM-47 Science and Technology Ceneur head Matenals 1,928' Beulah Road Pittsburgh, PA 15235 9 37 00497-15 Fonst Hills Site' Combined Matenals 750 P.O. Box 855 l Pittsburgh, PA 15230 0855 j 10 SMB 1527 Riaa=#i.ad New Jersey 8 Source Matenal 150 P. O. Box 127 1 Westmghouse Plaza Blaa=flaid NJ 07003 1 Totals 101,427 l

1 Financial assurance values referenced in (10CFR 30.35,40.36,50.75 and 70.25).

2 Deco ==isemaing _---_-( -I 3 This is & only type license.

4 Decomaussioning cost is based on an engineenng study.

5 Under actrve daea==iesmaing 01/98 l

1 l ATTACHMENT 2 EXECUTED COPY OF AMENDMENT NO. 3 TO STANDBY TRUST AGREEMENT l-t l

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AMENDMENT NO. 3 TO STANDBY TRUST AGREEMENT his Amendment No. 3 to Standby Trust Agreement (" Amendment No. 3") is entered mto as of l February 1,1998 by and between CBS Corporation, a Pennsylvania corporation (" Grantor") and Dai fetu Kangyo Trust Company of New York, incorporated in the State of New York (' Trustee").

RECITALS WHEREAS, the original Standby Trust Agreement was entered into as of Apnl 7,1996 by and between Westinghouse Electric Corporation, a Pennsylvania corporation and Dai-Ichi Kangyo Trust i Company of New York, incorporated in the State of New York (the " Standby Trust Agreement"); and such l

, Standby Trust Agreement was subsequently amended by the parties by Amendment No. I dated January l

1997 and by Amendment No. 2 dated September 1997; and

! WHEREAS, the Grantor, Westinghouse E!cetric Corporation, changed its corporate name to CBS ,

l Corporation effective as of December 1,1997; and Grantor desires to reflect such name change in the I i Standby Trust Agreement, as previously amended and as further M by this Amendment No. 3. i i

NOW THEREFORE, for good and valuable consideration and intendmg to be legally bound, the parties further amend the Standby Trust Agreement as follows-l  !) The Schedule A submitted with the Standby Trust A,w.m and as last amended by Amendment No.

l 2 is replaced with the Schedule A attached to this Amendment No. 3.

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l 2) The Schedule B submitted with the Standby Trust'k,%.d.: an~d as last amended by Amendment No.

l 2 is replaced with the Schedule B =*=rW to this Amendment No. 3.

3) Except as set forth herein, the Standby Trust Agreement shall remam n=h = :-i and in full force and I

effect.

IN WITNESS WHEREOF, the parties have caused this Amendment No. 3 to the Standby Trust Agreement to be executed by their respective duly authorized ofBeers as of the date first noted above.

A EST: CBS CORP l

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ATTEST: DAI ICHI KANGYO TR COMPANY By AGREED TO AND ACCEPTED:

{ ATTEST U.S. NUCLEAR REGULATORY COMMISSION j By:

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SCHFDt!LE A TO STANDRY TRf'ST ACRFFMFNT i

LISTING OF NRC LICENSES FOR WESTLNGHOUSE ELECTRIC COMPANY TRUST AGREEMENT SCHEDULE

- FINANCIAL

! NRC ASSLhNCE

. LICENSE FACILITY TYPE OF VALL'E' j ,

NUMBER LOCATION AND ADDRESS LICENSE IN $000

} I SNM 1107 Nuclear Fuel Fabrication SNM 50.780' l Bluff Road. I Columbia. SC 29250 l

2 37 5809 01 Pump Repair Facility EMD Combined Matenals 7.000*

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Cheswick Ave..

Cheswick. PA 15024 I 3 37 5809 02 Industrial Radiography Facility Byproduct 18' l

Cheswick Avenue Cheswick, PA 15024 l

4 SNMll20 Plutonium Fuels Development Lab: SNM 25  !

Cheswick Ave.

Cheswick, PA 15024 5 SNM 770 Waltz Mill Site Combined Matenals 24.051' P.O. Box 158 Madison, PA 15663 0158 6 TR 2 Westinghouse Test Reactor' Part 50 - 13,948' Waltz Mill Site P.O. Box !$8 Madison, PA 15663 0158

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7 SNM 1460 Science and Technology Center Combined Materials 2,777'

<uot Cens>. Beuish Raed Pittsburgh, PA 15235 8 SNM 47 Science and Technology Center Combined Matenals 1,928' Beulah Road Pittsburgh, PA 15235 9 37 00497-15 Forest Hills Site' Combined Materials 750 P.O. Box 855 Pittsburgh, PA 15230 0855 10 SMB 1527 Bloom 8 eld, New Jerd Soun:e Matenal 150 P. O. Box 127 1 Westmghouse Plaza Bloom 8 eld, NJ 07003 Totals 101,427 1 Financial assurance values referenced in (10CFR 30.35,40.36,50.75 and 70.25).

2 Decomminioning completed.

3 This is possession only type license.

4 Decommissioning cost is based on an engineering study.

5 Under active decommissioning. 01/98

q SCHFnUT F B TO STANDBY TRUST AGRFEMENT

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LISTING OF LETTERS OF CREDIT Issuing Institution of Date Entered (1)

Irrevocable Letter of Credit

• Amount i~

April 9,1993 Chemical Bank Delaware $4,380,000.00 P. O. Box 8840 Wilmington, DE 19899 April 9,1993 ABN AMRO Bank N.V. 518,845,000.00

. Pittsburgh Branch One PPG Place Suite 2950 l Pittsburgh, PA 15222-5400 January 24,1995 The Toronto-Dominion Bank 338,102,000.00 Three First National Plaza 70 West Madison Street Suite 1900 Chicago,IL 60602 April 7,1996 The Toronto-Dominion Bank $21, 041,000.00 Three First National Plaza i

70 West Madison Street Suite 1900 Chicago,IL 60602 September 15,1997 Dai-Ichi Kangyo Bank $7,961,000.00 l 1 World Trade Center l 49* Floor l New York, NY 10048 j l

February 6,1998 The Toronto-Dominion Bank $11,098,000.00  !

Three First National Plaza l 70 West Madison Street l Suite 1900 i Chicago,IL 60602  !

TOTAL $101,427,000.00 j i

• Beneficiary of Letter of Credit is NRC (1) Automatically renew after 12 months unless pnor notice is given.  !

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ATTACHMENT 3 i STANDBY LETTER OF CREDIT l

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