ML20211M936
| ML20211M936 | |
| Person / Time | |
|---|---|
| Issue date: | 02/27/1997 |
| From: | St Mary B NRC OFFICE OF INFORMATION RESOURCES MANAGEMENT (IRM) |
| To: | NRC |
| Shared Package | |
| ML20008B465 | List:
|
| References | |
| FRN-62FR47588, RULE-PR-50 AF41-1-019, AF41-1-19, NUDOCS 9710150189 | |
| Download: ML20211M936 (8) | |
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4 F $-/ PhA February 27, 1997 Brian, i
Here are.the changes to the FRN and OCP. Thanks for delivering the FASB draft. 1 I will still need to review it to make sure that there are no information collection requirements contained in the document that should also be included in the OCP. I'll let you know when the review is complete.
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NUCLEAR REGULATORY COMMISSION le Documents Containing Office Reporting of Management or Recordkeeping)ew'quirements:
and BudgetyRev b
AGENCY: Nuclear Regulatory Commission (NRC)
ACTION: Notice of the OMB review of information collection end solicitation of public comment.
SUMMARY
- The NRC has recently submitted to OMB for review the following proposal for collection of information under the provisions of the Paperwork Reduction Act of 1995 (44 U.S.C. Chapter 35). ,
- 1. Type of submission, new, revision, or extension: %wffa.m.
- 2. The title of the information coll C'FRPartb0 Financial Assurance Requirements for Decommissioning Nuclear Power Reactors.
- 3. The form number if applicable
- Not applicable.
- 4. How often is the collection required: At least once ever/ 3 years, but any licensee that is within 5 years of the
, projected end of operation would be required to report -
annually.
- 5. Who will be required or asked to report: Part 50 licensees.
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An estimate of the number of responses: About 100-responses
_1.ynrsa In some cases,
% }' N,' (% \ a report wi.lL Dc ore thart one power reac oranaverage,of33peryear.;torowedl l
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same licensee. In ot er cu -owners will su it
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seprate responses for their of the same reactor.
' proportiona e._shwes
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p .- _. - ..-
( \ Go st % te number of acual respondents: Approximately 1 g 33 lifec%as ,
- Year, j x
, i P. Ar. W w e of U. t:tal number of hours needed annually to
' N .rw sete the reo .rement or request: Jt-is-est-iinated-that f x e d.c) weasee y Jd-need-approximatelyi2 staff hours to, copy x" ard tranw,it it, Financial Accounting StandardesBoard'(FASS) required f r.ft mation. Therefore r _Ahe T proximatdly 33 ,
trmr w antes would result in 66 staff hours reglM(ed
.,. ' At an average hourly rate;f-$133,-theQh t u.aabburden-is estimated-to-be18778. (;
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- 9. An indication of whether Section 3507(d), Pub./
applies: Applicable.
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/ l 10.
WJ2 Abstract: -This-proposed-rulemaKing-would-amend regulat ons--
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-rel a ti ng -t o-fi n anci almsura n crrequi remen t s-fo r-t he- I de commi s s i on i ng -o f- nucl e a r-powe r-plant s . Potential i deregulation of the power generating industry has created uncertainty with respect to whether current NRC regulations concerning decommissioning funds'and the financial mechanisms will require a modification to account for utility reorganizations not contemplated when current financial assurance requirements were promulgated.
Therefore, the NRC is proposing to require power reactor licensees to periodically report on the status of tht.ir 4 decommissioning funds and the status of their funding for I the management of their irradiated fuel at the reactor /
ollowing permanent cessation of operation of the r actor.
The NRC is planning to issue a Regulatory Guide ta-rbf l
/
[ to this proposed rule in which the Einancial Accounting Standards Board (FASB) draft standaFd No. 158-B, " Accounting for Certain Liabil Long-LivedAssets,pjpgRelaedt' ts-fe fsreorRemovalof r.terest-of
$f f4c4encyand-utility, the-N 0-1s-phn-t ing-to-endorse-this iiii TA';0 .txdrd h f="itMtcensees* ptans-for decommissioning by aMowing-its-use as-tetng compH3nt>
(%ereportinorenMrsment ' f---tha- proposed ruleAAv
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l / J l Submit, Tism i. date 104ays af 'er p6blication in the Egldg7ectster),
comments that address the followini. questions:
- 1. Is the proposed collection of information necessary for the NRL to properly reform its functions? Does the information have practical utility?
- 2. Is the burden estimate accurate?
- 3. Is there a way to enhance the quality, utility, and clarity of the information to be collected?
- 4. How can the burden of information collection be minimized, including the use of automated collection techniques or other forms of information technology?
A copy of the submittal may be viewed free of charge at the NRC Public Document Room, 2120 L Street NW, (lower level), Washington, DC. The proposed rule indicated in "The title of the information collection" is or has been published in the Federal Reaister within several days of the publication date of this Federal Register Notice. Instructions for accessing the electronic OMB clearance package for the rulemaking have been appended to the electronic rulemaking. Members of the public may access th OMB clearance package by following the directions for electronic access covided in the preamble to the titled rulemaking.
Comments and questions should be directed to the OMB reviewer by (insert date 30 days after publication in the Federal Reaister):
,. /
Peter FraE1s Ms4v u/ M Office of Informati'on 'and gulatory Affairs (3150-0011)
NE08-10202-Office of Management and Budget Washington, DC -20503 Comments can- also be submitted by telephone at (202) 395-3084.
The NRC Clearance Officer is Brenda Jo. Shelton, (301) 415-7233. 3 Dated at Rockville, Maryland, this day of , 1997..
For the Nuclear Regulatory Commission. ,,
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l Gerald F. Cranford, Designated Senior l- Official for Information Resources l Management r
4 OMB SUPPORTING iTATEMENT FORQO CFR PART Sh..
j Proposed Rule Financial Assurance Requirements for Decommi sioning Nuclear, Power Reactors (3150-0011)
Description of the Information Collection 10 CFR Part 50 provides certain requirements exclusive to domestic licsasing of production and utilization facilities.
This proposed rulemaking would amend regulations relating to financial assurance requirements for the decommissioning of nuclear power plants.
Potential deregulation of the power generating industry has created uncertainty with respect to whethgr currentJRC regulations concerning decommissioning funds and the fin ~ancia(mecnani'sms will require a modification to account for utility reorganizations not contemplated when current financial assurance requirements were promulgated. Therefore, the NRC is proposirj to require power reactor licensees to periodically report on the status of their decommissioning funds and on the status of their funding for the management of their irradiated fuel at the reactor following permanent cessation of operat.an of the reactor. /
The NRC is planning to issue a Regulatory Guide to this proposed rule in which the Financial Accounting Standards! Board (FASB) draft standard No.158-B, " Accounting for Certain Liabilities Related to Closure or Removal of Long Lived Assets," is referenced. In the interest of efficiency and utilitj, the NRC is proposing to endorse this draft FASB standard to facil tate licensees' plans for decommissioning by allowing its use as being compliant with the reporting requirements of the proposed rule, where the information contained is substantially the same.
A. JUSTIFICATION
- 1. Need and Practical Utility for the Collection of Information The information collection requirements of the amended 10 CFR Part 50 are identified below.
50.54 Conditions of licenses.
Presently, under paragraph (bb), licensees need to submit to the NRC written lotification of the licensee's program to manage and provide funding for the management of all irradiated fuel at the reactor following permanent cessation of operation of the reactor until title and possession of the fuel is transferred to the Secretary of Energy. This notification is not required until within 2 years following permanent cessation of reactor operation or 5 years before expiration of the reactor operating license, whicheve occurs first. The Commission is proposing no change to the abo ej however, the Commission is proposing to have licensees report ok he financial status of the licensee's funding for the-
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management of its irradiated fuel at the reactor following /
g permanent , cessation of , operation of the reactoroT'fp,hcw y%
.7 e$oNoadN d om [n olannina.
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%,/aragraph(f licensees :r: required'to submit a preliminary -
deconissioning dost estimate about .5 ye'ars prior to the projected end of operation A he-t major f actors thS.t could pfbethVcost affect includebee an assessmentand of decommissioning, of the plans for adjusting levels of funds assured for decomissioning to demonstrate that a reasonable level of assurance will be provided that funds will be available when'needed to cover the cost of .
decommissioning. ' he *v6 ~Jhe Commission is proposing to -
require licens o repdto the,NRC at least once every 3 ye rii -
/ on the status ecommissionjpyfunding and annually when a ,
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licensee is wi n 5 y@ ears o[gfrojected end of plant operation. 7L /%
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,/- 2. Aaency Use of InformHtion W' w d pA/n i 3.
Aiet required //
)f r#cohrilans. su2w n
Reduction of Burden throuah Information Technoloc_v NAac nmuy w (7y / filed e4ftronically/(, @ 4 ,Jlicensees foresponsesareexpectedt6b & *r R m _
must submit signed copied.
- 4. Effort to Identify Duolication and Use Similar Information The Information Requirements Control Automated System (IRCAS) was searched and no duplication was found. There is ao similar information available to the NRC.
- 5. Effort to Reduce Small Business Eurjign This rulemaking does not affect small businesses.
t
- 6. Conseauences to Federal Proaram or Policy Activities if the Collection is not Conducted or is Conducted less Freauentiv Should the NRC not receive informhtion on the status of a co o n tr cSdkN 3 34ec . 4swM-for-th er! 2Tdthe-public-Muk m qf4f w Q. um T-4
- 7. Circumstances Which JuYtif/ Va' iation from OME Gu A fe V
None.
- 8. Consultations Outside the NRC The proposed rule will be published in the Federal Reaister for N cbmment.
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- 9. Payment or Gift to Respondents Not applicable.
10.. Confidentiality of the -Information
~None.-
- 11. Justification for Sensitive Ouestions Therearenoquestionsregardingsegitiveissues.
- 12. . Esti rd H r o s t / a~~o e m
- ~-^N A I FM/
% ^^fr** *I % so.7Vis estimated that )$ere will be about 100 responses every 3 years or an average of -33 per year. In some cases, a report will cover more than one power reactor owned by the same licensee.
In othyriases, co-owners will- submit separate responses for their
-f proportionate shares of the same reactor. .It is at Ath;ddfstimp that each licensee would need approximately 2 staf hours to copy and transmit the Financial Accounting Standards Board (FASB) required informatio6. Thg 33 annual responses would res it in t+ C6 +pf annually.
hiours fe, the approximately At
- an average hourly rate'of $ the toPal annual " =-is estimated to be SMj(. 4 fy+e
- 13. Estimate of Othe*' Additional Costs 4
None.
- 14. Estimated Annualized Cost' to the Federal Governm -
~
It is estimated that a PNRCsp d
h(rYd t
to review and analyze @achkreport. An annu 1 umar re based on the submissions GUrrent a to that yea [ ~
reqc
- approximately 8 NRC staff /hou3 to prepare and disseminate. No contractor support should be needed. Thus total NRC staff effort is estimated to be about 41 staff hours (i.e., 33 reports at 1 NRC staff hour each .id 8 NRC staff hours for the annual summary). At an hourly rate of TS this results in a burden to the NRC of
$545 b
- 15. R a ons for Chances in Buroen or Cost i
J i, - The NRC is proposing a requirement for licensees to submit reports
- on the status of their decommissioning funds, as the NRC needs g ,/ assurance that licensees are collecting their re_ quired 9 ~
decommissioning funds. reviously, licensees were required to h% nformation to their rate regulators fovTdEvetvi..vii ssi l%
(i.e., PUCs and FERC) and to allow such information to be available to the NRC through the inspection process. Because of A4 deregulation, licensees could be in the position of no longer being regulated by the PUCs and FERC. Further, the NRC believes that obtaining the financial assurance information through the 1
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' inspection process would likely be more berdensome for the NRC and
( - for those _ licensees being inspected than the required reports.
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- 16. Publication for Statistical Use
)
None.
- 17. Reason for not Disolr/ina the Exoiration Date The requirement will be contained in a regulation. Amending the Code of Federal Regulations to display information that, in an annual publication, could become out of date would confuse the public.
- 18. Exceptions to the Certification Statement ,
j None.
B. COLLECTIONS OF INFORMATION EMPLOYING STATISTICAL METHODS Statistical methods are not employed in the collection of information.
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