ML20154K775

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Assessment of Costs for Decommissioning of Alchemie, Inc - Oliver Springs Facility
ML20154K775
Person / Time
Site: 05000603, 05000604
Issue date: 11/03/1987
From:
INTERNATIONAL TECHNOLOGY CORP.
To:
Shared Package
ML20154K388 List:
References
307148, NUDOCS 8809260012
Download: ML20154K775 (54)
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Text

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INTERNATIONAL TECHNOLOGY

- CORPORATION

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ASSESSMENT OF COSTS FOR

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DECOMMISSIONING 0F  :

AlchemIE, INC. - OLIVER SPRINGS FACILITY

- Submitted by IT CORPORATION 312 Directors Drive Knoxville, TN 37923 l

NOVEM8ER 3, 1987 8G092600'12 seo?!2 PDR ADOCK 05000603 W PDC 087X A <

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- Regional Jtuco 312 Directen Dnve .Knomile. Tennesseo 37923 615 690 321I l l

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e INTERNATIONAL

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TECHNOLOGY CORPORATION

' November 2, 1987 .

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Mr. Dennis L. Bell ALChemIE, Inc.

_ Pine Ridge Office Park 702 S. Illinois Avenue Oak Ridge, TN 37830

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Dear Mr. Bell:

Enclosed is IT Corporation's Cost Assessment for the decontamination.

decomissioning and waste disposal of the ALChemIE Oliver Springs Facility.

Please feel free to contact fir. Peter Keegan or me with any questions or discussions. We look forward to working with you in the future.

St.g y I

Geor e E. Kr er  !

General Manager, Nuclear Services GEK/It

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Enclosure cc: File 307148 Regtonal O!!ico 312 Directors Dnvo e V.noxvillo. Torinessee 37923 615VG ettt

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ItmRNATIONAL TECHNOLOGY CORPORATION

. TABLE OF CONTENTS I. PROJECT DESCRIPTION 4 II. DECOMMISSIONING A. DECOMMISSIONING PLAN  ;

- B. PROJECT APPROACH C. PROJECT ORGANIZATION

_  !!I. COST ,

A'. VARIABLES

1. Machine Use
2. Scrap
3. Contract Type TABLES 1

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Table 1. Equipment Description Table 2. Exposure of Centrifuges to Feed Compounds t Table 3. Decommissioning Plan Outline ,

Table 4. Phase, Task and Subtask Descriptions Table SA. Labor Hours - Equipment in Storage Only ,

Table SB, Labor Hours - 120 Machine Plant in Operation 4

- Table SC. Labor Hours - 600 Machine Plant in Operation Table 6A. Shift Manpower Loading - Equipment in Storage Only Table 68. Shift Manpower Loading - 120 Machine Plant 'n Operation Table 6C. Shift Manpower Loading - 600 Machine Plant in Operation  :

Table 7A. Decontamination Technician Work Breakdown (Phase !!!) - Equipment'in Storago Only i

Table 78. Decontamination Technician Work Breakdown (Phase !!!) - 120 Machine

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Plant in Operation s l

Table 7C. Decontamination Technician Work Dreakdown (Phase !!!) - 600 Machine Plant in Operation -

- Table BA. Cost Estimate - Equipment in Storage Only Table 88. Cost Estimate - 120 Machine Plant in Operation Table BC. Cost Estimate - 600 Machine Plant in Operation j -- Table 9. Scrap Value Table 10. List of Feed Components that will Leave RCRA Residue Table 11. Summary of Decommissioning Costs Table 12. Summary of Net Funding Requirements 1 l

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INERNATIONAL TECHNOLCGY CORPORATION

!. PROJECT DESCRIPTION '

- - AlChemIE, Inc., will soon begin design and construction of a 120 machine '

plant in Oliver Springs, Tennessee, using the gas centrifuge technology to This . plant  !

enrich various stable isotopes for comercial utilization.

The gas centri- I will be expanded in stages to a maximum of 600 machines.

fuge equipment and technology will be received from the Department of [

_ i Energy (DOE). Before AlChemIE receives this equipment, the DOE requires assurance that adequate funding will be available for the final dispost- l

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tion of all classified and uranium contaminated equipment and materials l

! l r5c,eivedfrom00E.

i The gas centrifuge equipment and piping includes classified material, f

. uranium contaminated material and Resource Conservation and Recovery Act (

.(RCRA) controlled material . After operations begin, this equipment, and ,

associated auxiliaries (described in Table 1 for a 600 machine plant), '

will become contaminated or be further contaminated by the feed compounds l

(see T&ble 2). The product residue, in many ca~ses, is a toxic material .

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and must have its disposal strictly controlled.

1 Decommissioning of this facility at the end of its life will require dis- '

posal of parts of the process equipment and auxiliaries in one of the following classifications:  ;

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e Classified burial grounds ,

e Uranium contaminated burial grounds l e Toxic materials burial grounds  !

- e t.andfill for industrial refuse, 4

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J All classified equipment and materials must be buried in a 00E classified j j burial ground, and although uranium contaminated materials are acceptable l l

'at the DOE facility, toxic substances are not. All classified items con- l

! 9taminated with toxic material will be decontaminated before burial. l g .

'In each of the respective comercial burial grounds, uranium contaminated f l _

innd toxic materials can be received but not co-mingled. Uranium contam- ,

) "inated materials must go to the radioactive material burial ground and 4 No'xic materials must go to the toxic material burial ground. Finally, l

o INTERNATIONAL TECHNOLOGY CORPORATON industrial landfills may not receive any classified, uranium contaminated or toxic materials. Therefore, a major portion of the decommissioning effort will involve segregating each class of material into discrete categories for final disposal while trying to keep the cost of the dec, omissioning to a minimum.

It

~s hould be noted that this stable isotope enriching plant will be constructed in stages, presently planned as 120 machines initially plus

- thre'e additional stages. of 160 machines ecch for the total of 600 centri-fuges. Hence, the decomissioning scope, and therefore the cost, will This

- in' crease with time. Centrifuge machines will also fail with time.

in' turn will reduce the total decommissioning cost at plant shutdown since these failed classified and/or contaminated machine components received from 00E will be disposed of as appropriate and as required at the time of failure. Thus, estimates for decommissioning and disposal of the classi-fled and contaminated equipment received from DOE or contaminated by AlChemIE are listed in Table 11 under three headings in order to establish a range of costs. These three estimates are for the following: (1) No machines assembled with all GCEP equip.nent in storage at Oliver Springs, (2) 120 machine plant in operation, and (3) 600 machine plant in oper-ation.

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These estimates are given as "planning level" cost estimates for the' decomissioning effort that will be involved in terminating operations at the Oliver Springs facility. A complete plan for the appropriate stage of ,

operation will be prepared during the engineering phase of the decomis-sioning.

!!. DEC0HNISSIONING EA.' OECOMMISSIONING PLAN

^ The decomissioning, as appropriate, of the Alchem!E, Inc., Oliver Springs facility will be conducted in accordance with a decommission-ing plan. The decomissioning plan will be prepared during the engi-neering phase of the decommissioning. The plan will serve as a description of the history of the facility and equipment to the time m m__.__. _ _ _ _ _ _ __.__ ____________ ___________________._.__. _

INTERNATIONAL TECHNOLOGY CORPORATION

' of termination',' : description of the decommicsioning methodology, and

_, An a forum where the goals of the decommissioning effort are stated.

outline of a decommissioning plan is given as Table 3.

,B. PROJECT APPROACH The decommissioning activities to be conducted at the AlChem!C, Inc.,

Oliver Springs facility will be conducted in four discrete phases:

e Engineering e Mobilization e Decommissioning *

-- e Denobilization fach of these phases will be made up of a number of chronologically

  • related tasks and subtasks. An outline of the tasks and subtasks for each phase is given in Table 4.

C. PROJECT ORGANIZATION The decommissioning of the AlChemIE, Inc., Oliver Springs facility will take about one year, for a 600 machine plant, and will ' involve approximately 52 people. A breakdown of personnel types and hours for this phase of the decommissioning is shown in Table SC. Similar breakdowns for the two other selected stages of operation are shown as Tables SA and SB. In any event, the Phase 3 decoinmissioning acti-vities will be conducted on a 5 day per week basis. Shift structures for each of these three stages ,are given in Tables 6A, 60, and 6C and

-- the breakdowns of the labor hours associated with these activities are

' given in Tables 7A, 78, and 7C.

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!!!. PROJECT COST _

The cost associated with performing the decommissioning activities at the

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AlchemlE. lac.: Giiver Springs facility is given in Tables 8A, 88, and 8C.

The escimates have been broke' n down for each of the three selected steges by pLase and cost category.

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INTERNATIONAL. TECHNO!DGY COR PORATION A. VARIABLES There are a number of variables that affect the cost of performing any decommissioning project. A number of these variables are discussed

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below. The result of how these variables affect the cost of the de-commissioning effort is reflected in Table 11.

1. Macnine Use_

in order to reduce the mixed waste problem at the time of decom-missioning, a conscious effort will be made to use machines that are presently contaminated with uranium to enrich the isotopes that do not leave RCRA controlled residues. Those machines that are not presently contaminated with uranium will be used to process feed materials that may leave RCRA controlled residues.

Table 10 is a list of the feed compounds that may produce RCRA

' controlled residues. In addition, the two machines that will be involved in processing the SbH3 should be noted for special handl-

-. ing. Although this is not a RCRA controlled substance, there are added precautions that will be used in working with this substance and its residues.

it should also be noted that all of the toxic substances will be disposed of as "neavy metal" wastes. Burial grounds, such as ChemWaste Emelle of Emelle, Alabama, that dispose of heavy metal wastes do not discern between single and multiple :ontaminants.

Thereforo, the machines used to process any of'the feed compounds given in Table 10 could be intermixed, from a 6comissioning standpoint.

- If this use of machines is fully employed, one-third of the ma-chines will only have non-toxic residues added to them as a result

- of operations at the AlchemIE, Inc., Oliver Springs facility.

This means uranium contaminated classified equipment or material in this category will not need to be decontaminated prior to classified disposal and unclassified equipment or material that originally had no uranium contaminatinq could be directly disposed of as refuse or salvage without any decontamination. In addition,

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' I IMTERNATIONAL TECHNOLcGY CORPORATION ,

f two discrete decontamination baths would be used when needed, one for uranium contaminated materials and one for RCRA controlled I materi als. This will mic hnize additional processing to prevent mixed waste problems. An overall labor saving of approximately

$35,000 -- and a waste cost reduction of approximately $65,000 --

- will be realized by employing this machine use method. j

2. Scrap l _

- In segregating the unclassified waste, an effort should be made to set aside nan-contaminated and decontaminated scrap. The scrap should then be gathered into discrete salvago bins that will be l collected and hauled away to the scrap yard. This gives the

- double advantage of providing an 'inccce from the scrap as well as reducing the refuse transportation and refuse disposal costs.

Some equipment will have residual value to perform tasks for which it was des'igned. The mass spectrometers', pumps, and some of the I

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a.lectrical gear used in the facility will be able to be e.alvaged and sold for re-use, in addition, Table 9, gives the approximate  ;

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scrap value that could be realized from an organization such as

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1 Southern A1.oy of Rockwood, Tennessee, for re tale of salvaged  :

metals.

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3. Contract Tyoe, l _

I The contractor performing this decommissioaing will have some r levei of uncertainty in bidding this scope of work. Currently in l

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t'he cost estimates there is a 15% contingency to cover this un , -

i certainty, should the decomissioning be performed on a fixed price basis. Should the contract be changed to time-and-materials  !

or cost-plus fixed fee, the contingency would not be appropriate j I

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in the bid. However, the contingency will th'en need to be added ,;

into the (.ontract administrators budget to ensure adequate funds j 7

are available to cover unforeseen costs.

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INTERNATIONAL TECHFCLOGY COR PORATION Table 1. Centrifuge Sub-Assemblies and Other Classified or Contaminated Equipment Description 600 Hachine Plant

-- Final Volume Weight / Unit Number (ft ) 3 (1bs) 1510 each- 10 1000 Rotors 8000 Casings 620 each 15 900 each 4 100 Heat shield 20 Diffusion pumps 1600 each 0.25 -

1245 each 2 40 Scoop post 20 Scoops, feed ports & SPIS 1380 each 0.25 1245 each 18 300

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Upper suspension 720 each '0. 5 10 Lower suspension 675 each 9 400 Lcwer drive and closure 100

- Bottom yoke 620 each. 13.5 620 eaci 2 100 Piping and manifold Wiring harness 650 each 0.25 10

__ Vacuum gauges 120 each 0.1 1 3040 each 0.05 20 Flex connectors 660 each 0.1 200 l Machine valve sets '

Aluminum pipe 1" 16000 feet 0.007 O.33 l 0.042 1.25 l Aluninum pipe 4" 9000 feet 1 Steel pipe 4" 1000 feet 0.042 4 Steel pipe 3" 1000 feet 0.037 2 Steel pipe 2" 1000 feet 0.025 1.7 Steel pipe 1/2" 2000 feet 0.005 0.25 l Aluminum pipe 2" 2000 feet 0.025 1

-- HOP 1600 each 3.0 -

100 MVIP 1600 each 1.0 25 Cascade isolation valves 300 each 0.1 40 100 each 0.05 5 l Sample valves Sensor valves 100 each 0.05 5 PV and EV valves 200 each 0.1 30 Portable carts 58 each. 10 150 Hass specs 2 each 1 500 RBCS 8. controls 1 each 405 10000 Assembly stands 2 each 405 6000

-- Recycle & Assembly tooling 2 each 50 2000 PV pumps 30 each 8 800 Chem traps 24 each 2 200

< Portable feed systems 8 each 0.1 5 Portable withdrawal system 12 each 0.1 5

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INTERNATIONA1, TECHNOLOGY COR CRATION Table 2. Exposure of Centrifuges to Feed Compounds!

AlChemIE Proprietary Information 3

Compound Used Number of Centrifuges Per Year

-- Faed Compound 3

Expeced to Feed Compound (kg/ year)

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20 , - '500 Tefs

.(CH)2 3 Hg 240 44.000 CF 3C1 10 2,900 20 y, 2,600 (CH)3 3 Zn ,

SiFg 20 750  ;

120 65

_ Cr0 F33 20 276  ;

Fe(CO)5 BF 120 2,500

_ 3 GeFg 10 25 3 2 SeFs

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CF3 Br 3 355 3 2 WFs 3 2 VF5 3 12 (CH)3 3 Ga 3 160 McFs 2 2 SbH3

.. IrF6 ' 2 2 .

Pb(CH)g 3 2 2 Ru(CO)g 2 2 (CH3 )3 Cd 10 55 2 2

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(CH)3 3 In

'SnHg 2 2 2 2 TaF5 ReFs 2' 2 (C2Hs): Zn 60 3,100 I

Associate piping is also exposed. There are small feed and -

withdrawal systems exposed to each compound.

2 Non-radioac,tive.

3

.. Only some used each year.

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, ' INTERNATIONAL TECHNOLOGY CORPORATION Table 3. Decommissioning Plan Outline 1.0 Introduction 2.0 Site Descriptions '

2.1 History

-- 2.2 Physical 2.3 Radiological i ,

3.0 Project Objective .

4.0 Disposition Mode l 5.0 Activity Descriptions 6.0 Waste Managemant  ;

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6.1 Volume l

' 6.2 Type 6.3 Packaging  ;

6.4 Disposition  !

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7.0 Property Disposition i 8.0 Safety  !

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8.1 Industrial .

J 8.2 Radiological  ;

8.3 Emergency Response & Readiness  ;

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! 9.0 Cost and Schedule l i j 10.0 Project Control '

7 10.1 Management Organization i

l 10.2 Quality Assurance .

- 10.3 Training .

j 10.4 Health and Safety (

e Industrial  :

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e Radiological

  • 10.5 Financial e Cost Control  !

e funding \

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IN1TRNATIONAL TECIWOLOGY CORPOR ATION Table 4. Phase, Task and Subtask Descriptions Phase 1: Engineering .

Plans

- Decommissioning plan ALARA plan Safety and health plan Survey and sampling plan Release of fac.ility QA plan

. Security Procedures

- Work procedures Sampling procedures  ;

Survey procedures Waste packaging procedures Waste segregation procedures Waste shipping procedures '

Decontamination Pennit s State of Tennessee llRC City of Oliver Springs

- 00E Use of Burial Grounds Phase 2: Mobilization Personnel Site-specific' training Physicals & baseline bicassays Equipment Rentals ,

Consumables Special. tooling Order long lead time items Assemble equipment at facility 087X A-T3 CN

INTERNATIONAL TECHNO!DGY COR PORATION Table 4.

(Continued)

Phase 3: Decomissioning Pre-work survey Radiological Toxicological D&D activities Dismantle machines Segregate waste types Decontaminate as necessary Package various waste forms .

Ship waste to appropriate burial facility .

Final release survey Radiological l Toxicological )

Third party check survey (QA)

Phase 4: Demobilization Personnel Exit physical & bioassay Exit interview Equipment

~ Return Rentals Package & ship other equipment Conduct final site inspection

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INTERNATIONAL TEC2iNO!.OGY CORICRATION i

Table SA. Labor Hours Equipment in Storage Only

r Phase 3
. Phase 4:

Phase 1: Phase 2:

Mobilization Decom. Demob. Totals .

Labor Engineering

<_ 1040 120 1586  !

346 80 5 Project Manager 1040 120 1586  :

346 80

- Shift Supervisor 80 1040 120 1932 Engineer 692 1413 80 1040 120 i!P Supervisor 173 3320 l 80 3120 120 HP Technician 0 2453 80 2080 120 IH Technician 173 1293 80 1040 0 j

- Maintenance Supervisor 173 0 1120  ;

0 80 1040 i Maintenance Technician 18077 1440 20957  :

0 1440 Decon Technician 1040 120 1240 0 80 '

- Clerk 80 1040 120 1586_

Secretary 34 6 -

2240 3159'7 2400 38486_

Total 2249 l

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INTERNATIONA1. TECHNOLOGY COR PORATION Table 5B. Labor Hours j 120 Machine Plant in Operation

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t Phase 1: Phase 2: Phase 3:. Phase 4:

Labor Engineering Mobilization Decom. Demob. Totals Project Manager 346 80 1560 120 2106 Shift Supervisor 346 80 1060 120 2106 '

Engineer 692 80 1560 120 2452 HP Supervisor 173 80 1560 120 1933 HP Technician 0 80 4680 120 4880 IH Technician 173 80 3120 120 3493 l

4 Maintenance Supervisor 173 80 1560 0 1813 Maintenance Technician 0 80 1560 0 1640 Decon Technician 0 1440 26451 1440 29331 Clerk 0 80 1560 120 1760 -

Secretary 346 80 1560 120 2106, j

. Total 2249 2240 46731 2400 53620 1 .  ;

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INERNATIONAl. TECHNOLOGY CORPOR ATION Table 50. Labor Hours 600 Machine Plant in Operation Phase 1: Phase 2: Phase 3:. Phase 4:

Engineering Mobilization Decom. Demob. Total s Labor

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80 1600 120 2146 Project Manager 346 80 1600 120 2146 Shift Supervisor 346 3200 120 4092 Engineer 692 80 80 1600 120 1973

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HP Supervisor 173 6600  ;

80 6400 120 HP Technician 0 80 4800 12 0 5173 111 Technician 17 3 80 1600 0 1853

- Maintenance Supervisor 173 1680 80 1600 0 Maintenance Technician 0 0 1440 51932 1440 54Pi2 Decon Technician 120 '800 0 80 1600 .

-. Clerk 120 2146_

Secret a r,e 'j l6 80 1600_

2240 77532 2400 84421 Total 2249 M

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IN3RNATIONA1.TECHNO!DGY CORPORATION Table 6A. Shift Manpower Loading Equipment in Storage Only ,

Shift 1 Shift 2 1 Pro;iect Manager 1 Maintenance Supervisor 1 Eng<neer 1 Maintenance Technician 1 shift Supervisor 1 IH Technician ' '

1 HP Supervisor' 3 HP Technicians

. 1 IH Technician

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18 Decon Technicians 1 Secretary 1 Clerk aman e

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INE RNATIONAL TECHNOLOGY COR PORATION Table 68. Shift Manpower Loading 120 Machine Plant in Operation 4

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  • Shift 1 Shift 2 ,

i 1 Project Manager 1 Maintenance S'upervisor '

1 Engineer 1 Maintenance Technician 1 Shift Supervisor 1 IH Technician 1 HP Supervisor 3 HP Technicians 2 IH Technicians 17 Decon Technicians

' 1 Secretary '

1 Clerk em S

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' ' ' IN1TRNATIONAL TECH 240!DGY CORPORATION

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Shift Manpower Loading Tablo 6C.

600 Machine Plant in Operation Shift 2 Shift 3 Shift 1 '

1 Shift Supervisor 1 Maintenance Supervisor 1 Project Manager 1 Maintenance Technician 1 Engineer 1 Engineer 2 HP Technicians 1 IH Technician 1 HP Supervisor 2 HP Technicians 1 IH Technician 1 IH Technician 18 Decon Technicians 18 Decon Technicians 1 Clerk 1 Secretary

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' INTE RNATIONAl. TECHNOLOGY CORPORATION di

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Table 7A. Decontamination Technician Work Breakdown (Phase !!!)

. Equipment in Storage Only e

Work Description Man Hours .

1860 Decon/ dispose 620 casings x 3 mhrs 2700 Decon/ dispose 900 heat shields x 3 mhrs 7852 Decon/ dispose 1510 rotors x 5.2 mhrs 160 Dispose 1600 diffusion pumps x 0.1 mhrs 249 Decon/ dispose 1254 scoop posts x 0.2 mhrs 276 Decon/ dispose 1380 scoops /SPIS x 0.2 mhrs 2241 Decon/ dispose 1245 upper susp x 1.8 mhrs 720 Decon/ dispose 720 lower susp x 1 mhr 675 Decon/ dispose 675 lower drive x 1 mhr 24 Vacuum gauges decon/ disp 120 x 0.2 mhrs 160 HOP dispose 1600 x 0.1 mhrs .

- 160 HVip dispose 1600 x 0.1 mhr 200 RBCS and controls 800 Hiscellaneous

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' INTERNATIONAL TECHNot4GY COR FOR ATION Table 78. Decontamination Technician Wort Breakdown (Phase !!!)

120 Machine Plant in Operation Work Description

- Han Hours 8450 Disassemble, decon/ dispose 130 casings x.65 mhrs 1470 Decon/ dispose 490 casings x 3 mhrs 2250 Decon/ dispose 750 heat shields x 3 mhrs 7030 Decon/ dispose 1352 rotors x 5.2 mhrs 145 Dispose 1450 diffusion pumps x 0.1 mhrs 219 Decon/ dispose 1095 scoop posts x 0.2 mhrs 246 Decon/ dispose 1230 scoops /SP!S x 0.2 mhrs 1971 Decon/ dispose 1095 upper susp x 1.8 mhrs

- 588 Decon/ dispose 588 lower susp x 1 mhr 540 Decon/ dispose :40 lower drive x 1 mhr 22 Vacuum gauges decon/ disp 110 x 0.2 mhrs

-- 1000 Remove, decon/ dispose piping (8300') valves, connections, etc.

160 MOP dispose 1600 x 0.1 mhrs 160 MVIP dispose 1600 x 0.1 mhr 400 ROCS and controls 600 Assembly stands 1200 Hiscellaneous 26451 em W

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INTERNATIONAL.TECliNotfGY CORPORATION ,

Table 7C. Decontamination Technician Work Breakdown (Phase !!!)

600 Machine Plant in Operation Man Hours Work Description 39650 Disassemble, decon/ dispose 610 casin9s x 65 mhrs 30 Decon/ dispose 10 casin9s x 3 mhrs .

780 Decon/ dispose 260 heat shields x 3 mhrs 4420 Decon/ dispose 850 rotors x 5.2 mhrs 94 Dispose 940 diffusion pumps x 0.1 mhrs 121 Decon/ dispose 605 scoop posts x 0.2 mhrs .

148 Decon/ dispose 740 scdops/SP!S x 0.2'mhrs 1089 Decon/ dispose 605 upper susp x 1.8 mhrs 105 Decon/ dispose 105 lower susp x 1 mhr 55 Decon/ dispose 55 lower drive x 1 mhr -

2000 Remove, decon/ dispose piping (43,000') valves, aonne' lons, etc.

- 320 MDP dispose 1600 x 0.2 mhrs 320 Mv!P dispose 1600 x 0.2 mhr 400- RBCS and controls '

600 Assembly stands 1800 Miscellaneous 51932 e

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TABLE 8A (cont.)

O EheelE DEEGflR15310EING .

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f4 RISSE, TE RE55EE ..... ___

FHA 5E 3 F M SE 4 PilASE I PHA5E 2 E1051LIZAT10si TOTRS IIO61LIIATION LEEDr.115SICilll6

[h5thEERIuE pT!n TOTE pill WE WTIH WE TETE 80ANTITY TOTE EDST ITEn RATE euesiTITY 23 s 18is -8 s R3 s gfg Nrd s iets ~~~

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18AVEL & LIVING 0 50. 4 0 30.M H.M 0 80. 4 0 80.00 PER 31En 80.00 945 s198.45 s337.4!

63c s!32.30 1 255 s2579.85 se.21 2273.63 8476.53 83.M E! LEASE G S0.00 0 so.00 0 s0.3 so.M e 80.00 AliiFARE 8193.45 83387.43 s132.30 12579.95 SUtigTE s476.83 s23.51 s4M.41 s15.8B 5109.58

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OK MIDSE TEttESSEE Fue5E 2 PMSE 3 FilASE 4 PMSE I CECC!m15SIONInS TE!IOS;LIZATION !8TES EhEINEEAluG N0t!Ll!ATION guatTITY igig guseTITY T6TE SuasTIir igTE SuasTITT TOTE guanTITY TOTK EDST ITL4 BATE s s E3 s MS s iets stHR WS s 18t5 l MIEi!KS & SCFPLIES e so.M s9tg75.H S175.00 0 so.09 25 84175.00 500 st7500.M SL1PLES 85141.5C s4&t912.G4 s3930.c3 s5933.Ce s!46932.54 Ei::!P.Tsi & S'JPLIES -

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41 W a!E X tGm!551Dul#6 a!Ctee!E,1st.

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.' Table 9. D rap Value .

" tal Scrap Value (1bs) ($/lb) Total Value

'...- Item

--- $200,000 Plant Equip,neiit ---

~' 5,600,000 0.01 56,000 Steel 186,200 .20 37,200 l

Aluminum 12,000 .40 4,800 Copper

,s 10,000 .20 2.000 s- Lead

$300,000 l . i v

h l

087X A-TIO l I

l

~

. l IN'IERNATIONAL TECHNOLOGY CORPOR ATION

..~.

l Table 10. List of Feud Compounds that will Leave RCRA Residue Feed Compound Residue # of Centrifuges

~,

(CH3 )2Hg Hg 240 i Cr 120 Cr0 F22 ,

Se 3 SeF6 2

' - - Pb(CH),3 Pb (CH2),Cd Cd 10

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.. INTERNATIONAL TECHNOLOGY CORPORATION

.s.-

Table 11. Sumary of Decomissioning Costs

. s Equipment in 120 Machine Plant 600 Machine Plant.

l. Storage Only in Operation in Operation

$2,559,137 $3,072,414 $3,980,227 .

Total Cost 300,000 300,000_ 300,000 Scrap Value  ;

W

' Net Decomissioning$2,259,137 $2,772,414 $3,680,227 l Cost c .

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INEPNATIONAL TECHNO!.OGY CORPORATION

[.'. ,

Table 12. Summary of Net Funding Requirements

~

~

\ Equipment in 120 Machine Plant 600 Machine Plant L Storage Only in Operation ,

in Operation.

Net Decommissioning

[ Cost, Table 11 $2,259,137 $2,772,414 $3,680,227

! Minimum Value of Un:lassified Equipment 2,000,000 I 1,750,000* 1,500,000* .

i L. Net Funding

$2,180,227 Requirements $ 259,137 $1,022,414 I

See Paragraph 3.B Centrifuge Ecuipment Agreement and Bill of Sale, USDOE to Alchem!E. However, it shoulc be noted that this number is the DOE i

estimate of the scrap value of all the GCEP uncl,assified equipment to be i

transferred to AIChem!5. The actual value is probably much higher than ,

this number.

}

  • Estimates based on plant usage from storage and subsequent reduction in

.< value.

1 i 3

See companion report for decomn:issioning c- .ne CPDF facility.. As noted

, -- in this report, savings can be realized by combining the two tasks of -

decommissioning. The total funding requiremente can thus be determined by combining those listed above with those listed in Table II of the CPDF repor t.

L 9

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i' MARSHALL AND STEVENS

' INCORPORATED Ten Penn Cente, Ph.: prwa, PA 19103-9977

- (215) 541 5400 March 12, 1988 Mr. Den;.is Le Bell Chief Executive Officer AlchemIE,- Inc.

513 Highway Wood Road Knoxville, Tennessoe 37922 40-0530 Ltle Reference No.:

Dear Mr. Bell:

In accordance with your request, we have prepare.d an appraisal

- of the orderly liquidation value of the classified equipment to be acquired by AlchemIE, Inc., from the Department of Energy (DOE). The equipment is located both at Piketon, Ohio and

- Oakridge, Tennessee.

Based upon the data and conclusions presented in this letter report, we have ostimated the orderly liquidation values of the classified equipment as of February 12, 1988 as follows:

\

- - Piketon, Ohio (GCEP) $44,902,000

~

oakridge, Tennessee (CPDF) $ 3,098,000 Total $48,000,000.

EMBE1EEEEEEE

. i Lists of the assets appraised, together with explanations of appraisal procedures used, are presented in this letter report.

~

Thin Value opinions expressed in this letter report are  !

contingent upon the conditions set torth in the Assusptions and Limiting Conditions of this report.

) *

.6 c_, p - _ - - . _ . , . - _ - - , -p-.-__,,,,,,_-_.-,.._-_.._--_.y g_. .-,--__._.--_._,~.---,__% -_.---,.y._,--

___._i l

Dennis L. Bell AlchealE, Inc.

Knoxville, Tennessee March 12, 1988 l Page 2 i i

A copy of this report and the worksheets from which it was prepared are retained in our files for a period of ten years and are available for your review upon request.

Very truly yours, i

_ MJ W S*f HALL A!!D STEVENS INCORPORATED  ;

/rrn i l

i e

e 1

l

a .

4 MARSHALL AND STEVENS

" INCORPORATED EUE "

?."DA"u February 22, 1988 I AlchemIE, Inc.

Pine Ridge Office Park - Suite 202B

~~ 702 South Illinois Avenue 37830 Oak Ridge, Tennessee 30-0530 File Reference No.:

- Attention: Mr. Dennis L. Bell Chief Executive Officer.

Gentlemen: d at the i

' We have prepared an appraisal of certain equipment iketon, Ohio.

locate Gas Centrifuge Enrichment Plant (GCEP) located in P t we have Based upon the data and conclusions presented finthethe equipment repor ,

estimated the orderly and forced liquidation values o as follows,: ,

$78,700,000 (Rounded)

I Ord$rly Liquidation Value $39,000,000 (Rounded)

Forced Liquidation Value i of r-

Descriptions of the assets appraised, together with explanat onl rt.

appraisal procedures used, are presanted in this letter ti drepo in The field data from which this report was prepared are re a ne our files and are available for inspection upon request.

~

Very truly yours, .

- .pmOayo-clEVENSINCORPORATED/

LL AND w m % -( v o St$

l MARS RAH /sp.

r.

M

-- - C$2JSER$ ANnVAlllAT. ~ ' CON *U(TANTS- . _ _ _ _ _

_ _ _ _ ~ ---er- -,,.

'1 e

  • l BALANCE SHEET ALCHEMIE, INC.

June 30, 1988 ASSETS CURRENT ASSETS $ 50 Petty Cash 72.970 Cash in Banks 372 Prepaid Expenses _

S,615 Travel Adrances 79,007 TOTAL CURRENT ASSET 3 C'XED ASSETS S 5,000 Land - cost 58,529 Machinery and equipment - cost 96,453 Furniture and Fixtures - cost 159,991

< 12,212)

Less Accumulated Depreciation 147,779

$48,000,000 Classified Equipment - Fair Value 98,000 3 000 98,147,779 50,000,000 Unclassified equipment - Fair Value OTHER ASSETS Unclassified squipment - held 28,000,000 for sale e fair value 455,958 Amortizable asset - finders fee net 554,392 Organization Costs 474,760

< 79,612)_

Less Amortization 100 Deposits 2,000,000 DOE Escrow 7,397 30,938,215 Interest Receivable - escrow

$129,165,001 Unaudited 1

- . _ _ _ _ _ _ _ _ . ~

~

r .

3 BALN4CE SHEET ALCHEMIE, INC.

June 30, 1988 LIABILITIES AND STOCKHOLDERS' EQUITY CURRENT LIABILITIES $ 20.365 Accrued Interest 403 Payroll Taxes 634,000 Demand Notes 654,768 TOTAL CURRENT LIADILITIES NOTES PAYABLE 2,000,000 A..derson Cty Dank-Escrow Note 436,350 Fees Payable 2,919 C itract Lease 7,176

  • H Commercial Credit 18.290 2,464.735 First Concord DEFERRED CREDIT 126,000,000 Fair Value of DCE Equip <nent STOCKHOLL .J' EQUITY 1.344,183 Connon Stock 3,550 Stock options

< 2,235)

Retained Eatnings prior year (deficit) < 1,300,000)_ 45.498 (Loss) year to date

$129,165.001 Unaudited 1

1 L ~ ____ _ _ . _

e* .

PROFORMA STATEMENT OF INCOME ALCHEMIE, INC. ,.

Year Ending June 30, 1989 i SALES S 1,247,000 Isotopes 1,247,000 TOTAL SALES PRODUCTION COSTS 8 697,000 Salaries and Fringes 48,120 Payroll Tates 444,000 Utilities 12,100 Weste Management 74,000 Feed Cases 100,000 Lab Analysis 1,375,220 TOTAL PRODUCTION COSTS

< 128,220)

CROSS PROFIT < DEFICIT)

OPERATING COSTS 504,000 Salaries and Fringes 35,280 Payroll Taxes 524,000

' Security 48,000 Accounting and Audit 112,000 Licensin0 120,000 Lease ,

156,000 Insurance 24,940 Royalty Fees 72,000 Travel 120,000 Outside Consultants '

60,000 Safety compliance 24,940 Business Taxes 220,400 Office Expense 24,000

]

Hiscellaneous 2,045.560 TOTAL OPERAT!NG COSTS

< 2,173,740)

PROFIT < LOSS) FROM OPERATIONS OTHER DEDUCTIONS 541,170 Interest '

3,000 Franchise and Excise Tax Federal Income Tax Depreciation 4,815.499  :

< 4,800,000)

Deferred Income Credit Amortisation of Start-up Costs 425,094 984,763 TOTAL OTHER DEDUCTIONS

< 3.158,543) 4.500,000  ;

SALE OF FIXED ASSETS - Net of Coats NET INCOME $ 1,341,457 4

i Unaudited  !

e t

PROF 0RMA STATEMENT OF INCOME ALCHEMIE, INC, Year Ending June 30, 1989 (by quarter) 2 3 4 Totale Quarter 1 SALES Isotopea 2 8 35,000 S 582,000 $ 630.000 $ 1,247,000 PRODUCTION COSTS 90,000 135,000 236,000 236,000 697,000 Salaries and Fringes 6,300 9,450 16,520 15,850 48,120 Payroll Taxes 51,000 152,000 163,000 78,000 444,000 Utilities 500 7,200 2,200 2,200 12,100 Weste Management

=0- 6,000 30,000 38,000 74,000 Feed Cases 25,000 25,000 25,000 100,000 Lab Analysis 25,000 ,

172,800 '4 650 472,720 395,050 1.375,220 TOTALS 172.800) < 299,650) 109,280 234,950 < 128,220)

Gross Profit (Loss) <

j OPERATING COSTS Salaries and Fringes 126,000 126,000 126,000 126,000 504,000 Payroll Taxes 8.820 8,820 8,820 8.820 35,280 Security 131,000 131,000 131,000 131,000 524,000 Accounting & Audit 12,000 12,000 12,000 12,000 48,000 Licensing 28,000 28,000 28,000 28,000 112,000 Lease 30,000 30,000 30,000 30,000 120,000 Insurance 39,000 39,000 39,000 39,000 156,000 Royalty fees 700 11,640 12,600 24.940 Travel 18,000 18,000 18,000 18,000 72,000 Outside Consultants 30,000 30,000 30,000 30,000 120,000 Safety Analysis 15,000 15,000 15,000 15,000 60,000 Business Taxes -0 70J 11,640 12,600 24,940 office Expenses 55,100 55,100 55,100 55,100 220,400 Miscellaneous 6,000 6,000 6,000 6,000 24,000 TOTALS 498.920 500,320 522,200 524,120 2,045,560 i

Ptifit (Loss) < 671,720) < 799,970) < 412,920) < 289,170) < 2.173,780)

OTHER DEDUCTIONS Interest 135,292 135,292 135,292 135.294 541,170 F G E Taxes 750 750 750 750 3,000 Federal Income Tax 0- -0 Depreciation 1,203.875 1,203,475 1,203.875 1.203,874 4.815,499 i Deferred Income Cr, < 1,200,000) < 1,200,000) < 1,200,000) < 1,200,000) < 4,800,000) l Amortisation 106,273 106.273 106,273 106,275 425.094 l TOTALS 246,190 246,190 246,190 246,193 944.763

< 917,910) < 1.046,160) < 659,110) < $35,363) < 3,158,543) l l

SALE OF FIXED ASSETS 2,250,000 2,250,000 4,500,000 NET INCOME <$ 917,910) <$1,046,160) 8 1,590.890 $ 1,714,637 $ 1,341,447 Unsudited l

l I

PROFORMA STATEMENT OF INCOME ALCHEMIE, INC.

Five Year Y:sr 1 2 3 4 5 Totals SALES 8 1,247,000 $ 7,350.000 $21,664,000 $18,746,000 $32,572,000 $81,579,000 Isetopes PRODUCT 10N COSTS 697,000 804.000 912,000 940,000 968,000 4,401,000 S:1eries and Fringes 48,120 68,000 70,000 72,000 74,000 332,120 Pryroll Taxes 444,000 565,000 582.900 600,400 618,800 2,811,100 Utilities WIste Management 12,100 9,200 9,600 10,400 10,400 51,700 F3cd Cases 74,000 267,000 426,000 284.000 284,000 1,335,000 Ltb Analysis 100,000 103,000 106,000 109,000 112,000 530,000 TOTALS 1,375,220 1,896,200 2,106,500 2,015,800 2,067,200 9,460,920 Cross Profit (Loss) < 128,220) 5,453,800 19,557,500 16,730,200 30,504,800 72.118,000 OPERATING COSTS Salaries and Fringes 504,000 519,000 534,000 548,000 564,000 2,669,000 Payroll Taxes 35,280 36,120 37,380 38,360 39,480 186,620 Stcurity 524,000 524,000 524,000 524,000 524,000 2,620,000 Accounting G Audit 48,000 48,000 48,000 48,000 48,000 240,000 Licensing 112,000 12,000 12,000 12,000 12,000 160,000 Lease 120,000 120,000 120,000 120,000 120,000 600,000 insurance 156,000 160,800 165,600 17v,400 175,600 828,400 Royalty Fees 24,940 147,000 433,280 374,920 651,440 1,631,580 Travel 72,000 74,000 76,000 78,500 81,000 381,500 Outside Consultants 120,000 123,600 127,200 130,800 134,000 635,600 Safety Analysis 60,000 62,000 63,600 65,200 67.200 318,000 Business Taxes 24,940 147,000 433,280 374,920 651,440 1,631,580 l Of fice Expenses 220.400 227,000 233,500 240,000 247,600 1,168,500 Miscellaneous 24,000 24,000 24,000 24,000 24,000 120,000 TOTALS 2,045,560 2,224,520 2,831,840 2,749,100 3.339,760 13,190,780 Income fron Operations ( 2,173,780) 3,229,280 16,725,660 13,981.100 27,165,040 58,927,300 OTHER DEDUCTIONS Interest 541,170 1.578,045 1,750,000 1,000,000 125,000 4,994,215 F G E Taxes 3.000 43,208 823,149 694,476 1,532,013 3,095,846 Federal Income Tax -0 213,156 4,367,643 3,682,242 8,143,520 16,406,561 Depreciation 4,815.499 4,815,499 4.815.499 4,815.499 4,815.499 24.077,495 Dcferred Income Cr, ( 4,800,000) < 4,800,000) < 4,800,000) < 4,800,000) < 4,000,000) (24,000,000)

Amortisation 425,094 965,598 1,291,002 1,441,002 1,540,998 5,663,694 TOTALS 984,763 2,815,506 8,247,293 6,833,219 11,357,030 _30,237,811

< 3.168,543) 413,774 8,478,367 7,147,881 15.808.010 28,689.489 SALE OF FIXED ASSETS 4,500,000 9,0C0,000 -0 13,500,000 NET INCOME $ 1.341,457 8 9.413,774 $ s,478,367 8 7,147,881 $15,808.010 $42,189,489 Unaudited h .

7

?;, CM CAS- F3 ETA cS7 n_e e tx-.,t ,..

Five Year Garter Year C: 02 03 3 V1 Y2 V3 va TOTO;S v5 5:LGGS C= C24 Isotc:ss Sales 5 $

35, N2 5 5S2,0N $ 532. N 2 s 1,247,000 $ 7,352,0N $21,654,PN $:8,715,220 $32,572,0N $31,579,0N Ci d 4: set Sa'.E5 4- 2. 2' 2 , NI 2,3#2,fN L,5N,f?2 4- 4- -@- E,*22, c20 Eas Lees 205, # 2 N,CN _2,"l i?N 3,5N,cM E,395, TN 7,CN,C22 4- 4- 13,395,c?0

- TE. 5 1' G 5 EE,ON 135,ON 5,332, ON E,350,f20 12,112,N2 :4,2* 2 ,fN 21,664,f22 Io,745, fN 32,572,222 99,474,222 LS_5 G :25 4 N c -tion Costs 172,Ef2 334,E52 472,720 355,252 1,375,222 1,695,E?2 2,105,522 2,215,SN 2,f57,2N 9,452,920 b eratir.; Cests 4EE,922 467,EI2 455,557 493,522 1,972,EE? 2,f29,522 2,3"1,550 2,325,:50 2,640,32? 11,319,2?2 Lcc. Ce:cctier. -c- -c- -c-  :,223, cme E, c22, PN. 7, P22, ?Na State a-d r ederal Tax 1,fN,PN* 15,02?,022 3,f22 3, fN 25E,364 5,192,792 4,376,716 9,675,533 19,522,4?7 Ir.terest E ne se 135,292 135,292 135,292 135,294 511,172 1,578,245 1,750,c20 1,PN,??? 125,PN 4,954,215 Desea-c5 I 5evelpt SN,R2 572,c22 1,002, PN 2,TR CN 1,c22,f?2 502,fN 502,PN 5,TN,eM Etrt t: Costs 523,0N 715, fN 527,0N 295,0N 2,151,022 254,000 4- 4- -C- 2,405,020 E::;:ipent 7 ear-tc.n JM re-:al , 2. PN, N2 2, PN, fN 4, ON, ?N 5, PM, ON 3,t??,P?? -?- J,??2 PN 7C 0 L'EIS 12Cs,212 I,E73,552 4,E43,572 2,827,EE4 3dqdt _15,043,129 2:,397.8"2 17,218,ESB IE 228,253 22,7:0.742 Ca.I ATIE

($1,N3,212) ($2,541,5'4) (51,453,24E) $ 1,092,952 $ 1,298,9?? $ 405,Ee1 s 672,N3 $ 2,199,311 515,7E3,253 $1S J63.255

=-- ------- . ===--- -- --------- - -

l l

  • 4:s::te ta;e o#, at erd cf year - fa!! year ir.terest fi;tred.
.N ditre 1 _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _.

.e a

)

. . j i

i DEPRECIATION ALCitCMIE, INC.

Five Years Machinery Classified

& Furniture (1) Equipment (2)

June 30, 1988 Cost $ 154,991 -

Fair Value - $4C,000,000 i

Depreciation per year TOTALS June 30, 1988 (1/2 year) $ 7.750 June 30, 1989 4.815,499 June 30, 1990 4.815.499 June 30, 1991 4.815,499 June 30, 1992 4,815,499 June 30, 1993 4,815,499 (1) Assume 10 year SL - 6 months let year (2) Assume 10 year SL - 12 monthe 1st year - off setting credit to accumulate depreciation cnd a line reduction of the deferred credit to equity beginning July 1, 1988. Only the classified DOE equipment is depreciated.

Unaudited

l ee * * .

l TAX COMPUTATION' ALCllEM1E, INC, Year Ending June 30, 1989

$ 1,341,457 Net Income

< 2,235)

Loss 6-30-87

( 1,300,000)  ;

Estimated loss 6 30 88

$ 39,222  ;

Estimate No Tax for 1st Year No Frenchise and Excise Tax ,

Year Ending June 30, 1990

$ 670,138 Net Income before tax

$ 3,000 Franchise 40,208 43,208 Excise 626,930 34%

$ 213,156 Year Ending June 30, 1991 I

$13,669,159 Net Profit before tax I Tranchise $ 3,000 820,149 827,149 Excise

$12.846,010 34%

$ 4,367,643 Yser Ending June 30, 1992 7

$11,524,599 l Net Profit before tax Franchise $ 3,000 691,476 694,476 Excise 10,830,123 j 34% j

$ 3,682,242 r

I Year Ending June 30, 1993  !

$25,4f 3,543 Net Protit before tax Franchise $ 3,000 ,

1,529,013 1,532,013 Excise {

23,951,530 34%

t I

$ 8.143,520 t

l l

1 Unaudited i

I J

I l

f y . , - . . - - - . - - - . - , - ,--, n.--, --... , - - - -,-.n-,-, ,,,.,,----,-,.,,,--,,~,-__,n...~ , - , , . - , e-- ---- -

J

.s e a l

AMORTIZATION ALCHEMIE, INC.

thru June 30, 1993 (1) Per Month  !

Start-up Cost R & D Costs Totals Amortisation t

402,543 $ 402,543 $ 6,636 Y/E June 30, 1987 4 $

151,789 151,789 2,530 Y/E June 30, 1988 2,151,000 1,000,000 3,151,000 52,517 Y/E June 30, 1989 2,000,000 2.254,000 37,567 Y/E June 30, 1990 254,000

-0 1,000,000 1,000,000 16,667 Y/E June 30, 1991 500,000 500,000 8,333 Y/E June 30, 1992 500,000 500,000 8,333 Y/E June 30, 1993 s Totals 8 2.959,332 4 5,000,000 $ 7,959,332 8 132.583 Amortization Per Year Y/E June 30, 1987 4 6,636 o (as computed)

Y/E June 30, 1988 94.812 j (6636X12 6X2530)

Y/E June 30, 1989 425,094 (6636 2530X12 6X52517) i Y/E June 30, 1990 965,598

[

(61683X12 6X37567)

Y/E June 30, 1991 1,291,002 ,

a (99250X12e6X16667)

Y/E June 30, 1992 1,441,002 i

(115917X12+6X8333)

Y/E June 30, 1993 1,540,998 j (124250X12 6X8333) Total 8 5,765.142

, Unsoortised Balance $ 2,194,190 i ...........

0 June 30, 1993 j

i

! l I

l

l 1 I i

)

1 l

1 (1) Assume mid* year convention (i.e. six months) for all

! but let year which was computed for one month l

Unaudited v.,..,_.,_ . - . , _ __ _ _ . , - . _ . - . _ ..---- . - . _ _ _ _ . _ _ . , _ . , . , _ . _ , - _ . _ , _ _ . _ . _ . _ _ _ . . . - . _ . . . ~ _

INTEREST EXPENSE AICl(EMIE, INC.

Per Year Year Ending June 30, 1989 $ 2,000,000 Deposit Loan Anderson Cty Bank 250,000 Anderson County Bank 384,000 '

Anderson Coun*y Bank 95,000 Anderson County Bank (July 1988) 300.000 Anderson County Bark (Anticipated) 3,029,000 '

9 10.5%

318,045 a

i Credit Line Draw 8 131,250

{

$2,500,000 for 2 quarter 91,875 223,125 l 541,170

$3,500,000 for 1 quarter $

First Year Interest ........... p t

Year Ending June '0,1990 $ 3,029,000 Balance from above 2,500,000

$2,500,000 for 1 year ' *

$3,500,000 for l' year 7,000,000 e

$7,000,000 for 1 year 15,029,000 (

10,5%  !

$ 1.578,045 Second Year Interest .-......... t 4

Year Endiag June 30, 1991 $15.029,000  ;

Balance from above __1,029,000 Take down (payoff) ptior y/o 14,000,000 [

12.5%

I

$ 1,750,000 Third Year Interest i

i Year Ending June 30, 1992' $14,000,000 Balance from above 6.000.000 l

I End of prior year pay back 0,000,000 f 12,5%  ;

4 l 8 1,000,000 [

Fourth Year Interest ........... j i f near Endino June 30, 1993 $ 8,000,000 L Balance from above 7,000,003 End of prior year pay back 1,000,000 r . 12.5%

8 125,000 Fifth Year Interest ...........  !

Unaudited I a

l

t

~ - - -- - - - - - . - _ - _ _ - , - . - . . . - . , - -- - - - , - - . . - , , . - . , . . . , _ . _ . , - - - - , - - - - - . - - . . . - . _ , - _ - .

  • e DISPOSITION OF DOE ASSETS ALCEEMIE, INC, A1 Chem 1E Production AlchemIE Asset Department Conversion Department Totsis Per Marshall and Steven Appraisal Report

$ 44,902.000 Classified Equipment CCEP $ 44,902.000 8 78,000,000 78,000,000 Unclassified Equipment 3,098,000 3.098,000 Cisssified Equipment CPDF

$ 78,000,000 $126,000,000

$ 48,000,000 TOTALS ............ ............

Amount of unciassified equipment transferred from asset conversior, department to ( f0,000,000) -0 50,000,000 production department Equipment To be used in production 8 98,000,000

$ 28,000,000 To be converted ............

Proformas Asset Ast Conversion Plan $ 28,000,000 Amount to be liquidated 13,000,000 Costs of tearing dewn/ moving. 15,000,000 D&D Reserve for CPDF G 0,S.

1,500,000 Other selling costs - 10%

13,500,000 NET PROCEEDS

( 13,500,0001 Amount of cash transferred to production dept.

Amount conversion deparmsent $ ,

depleted 1

l See proforma statment of income - all departments

' sale of fixed assets *

  • Unsudited

@ 9e G*

DOCKETfl0.

50-6,os b o-6 W 24742 cof4 Trot no. baDk, I2 /kbb.

DATE OF 000.

DATE RCVD, d. l [o, bbb FCUF -- FDR /

FCAF I __ LPOR useRu. /

SAFEGUARDS /

FCTC OTHER

,/

DATE S /la Eh iftlTIAL _

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I l

' 000KET NO. 80 003 88-SM

^

CONTROL NO. 2Y740 DATE OF 000, be' Ok , If. /986 DATE RCVD. Y. Ilo, /9bb FCUF - PDR / -

FCAF / LPDR l & E REF. _/ ~

/

SAFEGUARDS FCTC 8 OTHER /

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