ML22354A073

Response to Westinghouse Revised Funding Instrument in Support of the Decommissioning Funding Plan

ML22354A073
Person / Time
Site:	Westinghouse
Issue date:	01/19/2023
From:	Jennifer Tobin NRC/NMSS/DFM/FFLB
To:	Donnelly P Westinghouse Columbia Fuel Fabrication, Westinghouse
Shared Package
ML23020A114	List: ML22354A073
References
EPID L-2022-LLL-0019
Download: ML22354A073 (3)

Text

OFFICIAL USE ONLY - PROPRIETARY INFORMATION OFFICIAL USE ONLY - PROPRIETARY INFORMATION UNITED STATES NUCLEAR REGULATORY COMMISSION WASHINGTON, D.C. 20555-0001 Patrick Donnelly Licensing Manager Westinghouse Columbia Fuel Fabrication 5801 Bluff Road Hopkins, South Carolina 29061-9121 USA

SUBJECT:

WESTINGHOUSE ELECTRIC COMPANY, LLC, CONVEYANCE OF REVISED STANDBY TRUST AGREEMENT TO SUPPORT THE DECOMMISSIONING FUNDING PLAN (ENTERPRISE PROJECT IDENTIFER L-2022-LLL-0019)

Dear Patrick Donnelly:

We have reviewed your revised financial assurance instruments and an updated certification of financial assurance submitted by letter dated November 10, 2022 (Agencywide Documents Access and Management System [ADAMS] Accession No. ML22316A005). We approve the revised financial assurance instruments and updated certification of financial assurance.

Specifically, we find that the dollar amount cited in the updated trust agreement is based on reasonable and documented assumptions, and that it reasonably estimates the cost, at this time, to decommission the facility, if necessary. Our signature of the revised document is enclosed.

U.S. Nuclear Regulatory Commission (NRC) staff evaluated information provided in the referenced submittal and compared the decommissioning funding reflected in the submittal against the latest Decommissioning Funding Plan (DFP) estimate provided in correspondence dated May 9, 2022 (ML22129A154). That DFP estimate was found to be acceptable to the NRC on September 28, 2022 (ML22259A179).

Decommissioning funding is being provided in the form of the following instruments as reflected in the recent submittal from Westinghouse:

Cash and cash equivalents provided for in a Trust; Surety Bond, Berkley Insurance Company; Surety Bond Rider, United States Fire Insurance Company.

The cash position coupled with the surety bond mechanisms is adequate to meet the DFP estimate, and accordingly, staff finds that the licensee meets decommissioning funding The enclosure transmitted herewith contains proprietary information.

When separated from the enclosure this document is decontrolled.January 19, 2023 OFFICIAL USE ONLY - PROPRIETARY INFORMATION P. Donnelly 2 OFFICIAL USE ONLY - PROPRIETARY INFORMATIONassurance requirements of Title 10 of the Code of Federal Regulations (10 CFR), Paragraph 70.25(e) and thus would continue to provide reasonable and adequate protection of public health, safety, safeguards, security, and the protection of the environment.

Your submittal was assigned Enterprise Project Identifier (EPID) L-2022-LLL-0019. The EPID is considered CLOSED.

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

If you have any questions concerning this letter, please contact me at 301-415-2328, or via e-mail to Jennifer.Tobin@nrc.gov.

Sincerely, Jenny Tobin, Project Manager Fuel Facility Licensing Branch Division of Fuel Management Office of Nuclear Material Safety and Safeguards Docket No. 70-1151 License No. SNM-1107

Enclosure:

Standby Trust Agreement Signed by Tobin, Jennifer on 01/19/23

ML22354A073 OFFICE NMSS/DFM/

FFLB/PMNMSS/DFM/

FFLB/LANMSS/REFS/FAB NMSS/DFM/

FFLB/BC (A)

NAME JTobin JGoodridge for ELeeKKline SSotoLugo DATE 12/21/2022 12/21/2022 1/05/2023 1/13/2023