ML20154D689

Forwards Application for Transfers & Amends of Certain Matls Licenses,For Filing Necessitated by Sale of Assets of Nuclear & Government Operations Business of CBS Corp, Formerly W,To Consortium of Listed Purchasers

ML20154D689
Person / Time
Site:	Westinghouse
Issue date:	09/28/1998
From:	Briskman L CBS, INC./CBS NEWS
To:	Paperiello C NRC OFFICE OF NUCLEAR MATERIAL SAFETY & SAFEGUARDS (NMSS)
Shared Package
ML20154D694	List: ML20154D689 ML20154D703
References
NUDOCS 9810070299
Download: ML20154D689 (3)

Text

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CBS CORPORATION

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Louis J. BRISKMAN September 28,1998 i

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Mr. Carl J. Paperiello, Director Office of Nuclear Material Safety and Safeguards U.S. Nuclear Regulatory Commission

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Washington, DC 20555-0001 1

j Noted Copy: Mr. Louis A. Reyes i

Regional Administrator, Region 11 1

U.S. Nuclear Regulatory Commission J[

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Application for Transfers and Arnendments of Materials Licenses t

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Dear Mr. Paperiello:

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4 Enclosed for filing is an Application for Transfers and Amendments of certain materials g

licenses more specifically listed on Exhibit A to the enclosed Application. The filing is g (

necessitated by the sale (with certain exceptions)of the assets of the nuclear and Q f government operations business of CBS Corporation, formerly Westinghouse Electric y 'l Corporation ("CBS"), to a consortium consisting of Morrison Knudsen Corporation and g j BNFL USA Group,Inc. (the " Purchasers"). The Purchasers have considerable expertise in f

the nuclear and government operations business.

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0, The Application requests that the Nuclear Regulatory Commission ("NRC") approve the transfers of the licenses, approvals and certificateslisted on Exhibit A, and the related g

amendments associated with the transfers, to a new company, Westinghouse Electric g

Company, LLC, a MK/BNFL Company ("WELCO"), to be formed by the Purchasers prior to the closing of the sale transaction. Details on the sale transaction giving rise to the instant Application are provided therein.

The enclosed Application demonsuates that the proposed transfers will not involve any change in the operating organization, location, facilities, equipment or procedures associated with the licensed activities,and that there will be no changes in the use, possession, locations or storage oflicensed material as a result of the sale transaction.

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Current CBS employees responsible for licensed materials and activities will beame WELCO employees and will continue to be responsible for such activities after the transfers WELCO will meet all requirements for a NRC licensee and holder of approvals l

s and certificates, including financial and technical qualifications. WELCO will agree to p

abide by all commitments and representationsmade to the NRC prior to the transfers, as j

,y well as all of the terms and conditions of the licenses, approvals and certificates.

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Mr. Carl J. Paperiello Office of Nuclear Material Safety and Safeguards l

September 28,1998 l

Certain information supporting the Application, such as the identification of all the directors l

and officers of WELCO,is not yet available. Such information will be provided as soon as it becomes available prior to the contemplated Closing Date of the sale transaction.

Executed originals of draft documents contained in the Application will be similarly submitted.

In conjunction with the sale transaction, applications for transfers and amendments of other NRC and Agreement State licenses, approvals and certificatesalso will be filed. In addition, closing of the sale transaction involves review or approval of other regulatory agencies in addition to the NRC. Therefore,CBS requests the NRC to make the transfers and amendments effective as of the Closing Date of the sale transaction. As it is currently contemplated that the Closing Date will occur on or about December 1,1998, issuance of the NRC's approvalis requested by no later than that date. CBS will keep the NRC informed of progress in obtaining other approvals,the timetable established for closing the nle transaction and the Closing Date.

CBS further requests that, as of the effective date of the transfers requested by the Application,the NRC consider that any other pending applications for approvals or amendments with respect to the licenses, approvals and certificates which are the subject of such Application be considered as the pending applications of the transferee.

CBS will pay the fees for processing the requested amendment, which is subject to full cost review, upon billing by the NRC in accordance whh 10CFR 170.12 CBS also would appreciate the NRC adding the individuals on the attached list to the service list for correspondencerelated to the enclosed Application.

Should there be any questions regarding this matter please contact Mr. A. Joseph Nardi, License Administrator, Regulatory Affairs at:(412) 374-4652, Fax:(412) 374-3357, email: nardiaj@ Westinghouse.com.

Very truly yours, Louis J. Briskman i

Executive Vice President and General Counsel l

l Enclosure t

Mr. Carl J. Paperiello

. Office of Nuclear Material Safety and Safeguards September 28,1998 Additions to Service List l

Lisa A. Campagna, Esq.

Westinghouse Electric Company, a division ofCBS Corporation P.O. Box 355 Pittsburgh,PA 15230-0355 Barton Z. Cowan, Esq.

Eckert Seamans Cherin & Mellott, LLC 600 Grant Street,44* Floor Pittsburgh,PA 15219 Mark D. Herlach,Esq.

Sutherland Asbill & Brennen L.L.P.

1275 Pennsylvania Avenue,NW

- Washington,DC 20004-2415 1

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