ML21316A270

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Mit 2021 Financial Assurance Response Letter
ML21316A270
Person / Time
Site: 07000938
Issue date: 11/22/2021
From: Richard Jervey
NRC/NMSS/DFM/FFLB
To: Shor G
Massachusetts Institute of Technology (MIT)
Rick Jervey NMSS/DFM/FFL 301-415-6201
Shared Package
ML21286A725 List:
References
EPID L-2021-0-DFB-0000
Download: ML21316A270 (3)


Text

November 22, 2021 Mr. Glen Shor Executive Vice President and Treasurer Massachusetts Institute of Technology 77 Massachusetts Avenue Building 4-204 Cambridge, MA 02139-4307

SUBJECT:

ANNUAL SELF-GUARANTEE, SPECIAL NUCLEAR MATERIALS LICENSE SNM-986 (ENTERPRISE PROJECT IDENTIFICATION CODE:

L-2021-0-DFB-0000)

Dear Mr. Shor:

By correspondence dated September 30, 2021 (Agencywide Documents Access and Management System [ADAMS] Accession Number ML21286A728), you submitted to the U.S.

Nuclear Regulatory Commission (NRC) a document with a certified amount of financial assurance and associated annual self-guarantee test for Special Nuclear Materials License SNM-986. The Financial Assessment Branch of the Division of Rulemaking, Environmental, and Financial Support in the Office of Nuclear Material Safety and Safeguards conducted the technical review of the adequacy of the submittal for SNM-986.

The NRC staff concludes that the self-guarantee meets or exceeds the financial test criteria for a non-profit university that issues bonds, is acceptable for providing decommissioning funding assurance, and complies with Title 10 of the Code of Federal Regulations (10 CFR) Paragraphs 70.25(f)(2) and 50.75(e)(1)(iii)(C), Appendix E to 10 CFR Part 30, and is consistent with NUREG-1757, Volume 3, Rev. 1. A safety evaluation report for the analysis of the materials licenses is enclosed.

As a reminder, the self-guarantee must be submitted within 90 days of the close of the fiscal year. The requirements are established by the Final Decommissioning Planning Rule and the guidance provided in NUREG-1757, Volume 3, Rev. 1.

In accordance with 10 CFR Section 2.390 of the NRCs Agency Rules of Practice and Procedure, a copy of this letter and the enclosure will be available electronically for public inspection in the NRC Public Document Room or from ADAMS. The ADAMS database is accessible from the NRC Web site at http://www.nrc.gov/reading-rm/adams.html (the Public Electronic Reading Room).

G. Shor 2 If you have any questions regarding this matter, please feel free to contact me at 301-415-6201 or via e-mail at: Richard.Jervey@nrc.gov.

Sincerely, R. A. Jervey, Project Manager Fuel Facility Licensing Branch Division of Fuel Management Office of Nuclear Material Safety and Safeguards Docket No.70-938 License No. SNM-986

Enclosure:

Safety Evaluation Report

ML21286A725(pkg) ML21316A270 (ltr)

ML21320A345 (Encl.) *via e-mail OFFICE DFM/FFLB/PM* DFM/FFLB/LA* DFM/FFLB/BC* DFM/FFLB/PM*

NAME RJervey ELee JZimmerman RJervey DATE 11/10/21 11/18/2021 11/19/2021 11/19/2021