ML25337A140

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Email a - Mit 2025 Financial Assurance Report for NEC License SNM-986
ML25337A140
Person / Time
Site: 07000938
Issue date: 10/14/2025
From: Monaghan R
Massachusetts Institute of Technology (MIT)
To: Klemczak D, Stephen Poy
Massachusetts Institute of Technology (MIT), NRC/NMSS/DFM/FFLB
Shared Package
ML25337A139 List:
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Download: ML25337A140 (0)


Text

From:

Ross Monaghan To:

Stephen Poy; Dan Klemczak Cc:

Osiris Siurano-Perez

Subject:

[External_Sender] RE: RE: RE: MIT 2025 Financial assurance report for NEC license SNM-986 Date:

Tuesday, October 14, 2025 10:15:38 AM Attachments:

image001.png MIT Report of the Treasurer Fiscal Year 2025_signed.pdf Hi Steve,

How are you?

Attached is the FY25 Treasures Report.

Thanks,

Ross Monaghan, CPA l Manager of General Ledger Operations and Financial Reporting MIT l Office of the Vice President for Finance 77 Massachusetts Avenue l Cambridge, MA 02139 l Bldg. NE 49-3141 617-324-7205l rmonagha@mit.edu

From: Stephen Poy <Stephen.Poy@nrc.gov>

Sent: Tuesday, September 30, 2025 10:07 AM To: Ross Monaghan <rmonagha@mit.edu>; Dan Klemczak <klemczak@mit.edu>

Cc: Osiris Siurano-Perez <Osiris.Siurano-Perez@nrc.gov>

Subject:

RE: RE: RE: MIT 2025 Financial assurance report for NEC license SNM-986

Yes.

Thanks,

Steve

Stephen Poy, Project Manager U.S. Nuclear Regulatory Commission (NRC)

Office of Nuclear Material Safety and Safeguards (NMSS)

Division of Fuel Management (DFM)

Fuel Facilities Licensing Branch (FFLB)

Phone: 301-415-7135 Email: stephen.poy@nrc.gov

From: Ross Monaghan <rmonagha@mit.edu>

Sent: Tuesday, September 30, 2025 10:05 AM To: Stephen Poy <Stephen.Poy@nrc.gov>; Dan Klemczak <klemczak@mit.edu>

Cc: Osiris Siurano-Perez <Osiris.Siurano-Perez@nrc.gov>

Subject:

[External_Sender] RE: RE: MIT 2025 Financial assurance report for NEC license SNM-986

Hello,

I have the submission files ready to send you. Is it okay if I email them to you today?

Thanks,

Ross Monaghan, CPA l Manager of General Ledger Operations and Financial Reporting MIT l Office of the Vice President for Finance 77 Massachusetts Avenue l Cambridge, MA 02139 l Bldg. NE 49-3141 617-324-7205l rmonagha@mit.edu

From: Stephen Poy <Stephen.Poy@nrc.gov>

Sent: Tuesday, September 30, 2025 10:02 AM To: Ross Monaghan <rmonagha@mit.edu>; Dan Klemczak <klemczak@mit.edu>

Cc: Osiris Siurano-Perez <Osiris.Siurano-Perez@nrc.gov>

Subject:

RE: RE: MIT 2025 Financial assurance report for NEC license SNM-986

From: Stephen Poy Sent: Tuesday, September 30, 2025 10:01 AM To: Ross Monaghan <rmonagha@mit.edu>

Cc: Osiris Siurano-Perez <Osiris.Siurano-Perez@nrc.gov>

Subject:

FW: RE: MIT 2025 Financial assurance report for NEC license SNM-986 Importance: High

Good morning,

I just received this.

Can we have a call to discuss what you need regarding this e-mail?

Send me times you are available for a call this week.

Thanks,

Steve

Stephen Poy, Project Manager U.S. Nuclear Regulatory Commission (NRC)

Office of Nuclear Material Safety and Safeguards (NMSS)

Division of Fuel Management (DFM)

Fuel Facilities Licensing Branch (FFLB)

Phone: 301-415-7135 Email: stephen.poy@nrc.gov

From: Osiris Siurano-Perez <Osiris.Siurano-Perez@nrc.gov>

Sent: Tuesday, September 30, 2025 8:49 AM To: Stephen Poy <Stephen.Poy@nrc.gov>

Subject:

FW: RE: MIT 2025 Financial assurance report for NEC license SNM-986 Importance: High

Boss!

I think this one is for you.

Osiris

From: Ross Monaghan <rmonagha@mit.edu>

Sent: Wednesday, September 24, 2025 7:33 AM To: Jenny Tobin (She/Her/Hers) <Jennifer.Tobin@nrc.gov>; Samantha Lav <samantha.lav@nrc.gov>

Cc: Osiris Siurano-Perez <Osiris.Siurano-Perez@nrc.gov>

Subject:

[External_Sender] RE: MIT 2025 Financial assurance report for NEC license SNM-986

Hi Jenny,

How are you?

We are issuing our audited financial statements in October again this year but the NRC filing is due September 30th. I want to make sure the NRC is still ok with us providing the current 2024 Treasurers Report and note that we will be sending an updated TR within xxx period of time.

Like last year I will be sending the 2025 Treasurers Report once it is finalized and published which should be around the second week of October.

Please let me know if there are any changes or updates to the filing this year that I need to know about.

thanks,

Ross Monaghan, CPA l Manager of General Ledger Operations and Financial Reporting MIT l Office of the Vice President for Finance 77 Massachusetts Avenue l Cambridge, MA 02139 l Bldg. NE 49-3141 617-324-7205l rmonagha@mit.edu

From: Ross Monaghan Sent: Thursday, September 18, 2025 9:10 AM To: Jenny Tobin (She/Her/Hers) <Jennifer.Tobin@nrc.gov>

Cc: Osiris Siurano-Perez <osiris.siurano-perez@nrc.gov>

Subject:

MIT 2025 Financial assurance report for NEC license SNM-986

Hi Jenny,

How are you?

We are issuing our audited financial statements in October again this year but the NRC filing is due September 30th. I want to make sure the NRC is still ok with us providing the current 2024 Treasurers Report and note that we will be sending an updated TR within xxx period of time.

Like last year I will be sending the 2025 Treasurers Report once it is finalized and published which should be around the second week of October.

Please let me know if there are any changes or updates to the filing this year that I need to know about.

thanks,

Ross Monaghan, CPA l Manager of General Ledger Operations and Financial Reporting MIT l Office of the Vice President for Finance 77 Massachusetts Avenue l Cambridge, MA 02139 l Bldg. NE 49-3141 617-324-7205l rmonagha@mit.edu

From: Ross Monaghan <rmonagha@mit.edu>

Sent: Tuesday, September 24, 2024 1:01 PM To: Jenny Tobin (She/Her/Hers) <Jennifer.Tobin@nrc.gov>

Subject:

MIT 2024 Financial assurance report for NEC license SNM-986

Hi Jenny,

How are you?

We are issuing our audited financial statements in October again this year but the NRC filing is due September 30th. I want to make sure the NRC is still ok with us providing the current 2023 Treasurers Report and note that we will be sending an updated TR within xxx period of time.

Like last year I will be sending the 2024 Treasurers Report once it is finalized and published which should be around the second week of October.

thanks,

Ross Monaghan, CPA l Manager of General Ledger Operations and Financial Reporting MIT l Office of the Vice President for Finance 77 Massachusetts Avenue l Cambridge, MA 02139 l Bldg. NE 49-3141 617-324-7205l rmonagha@mit.edu

From: Jenny Tobin (She/Her/Hers) <Jennifer.Tobin@nrc.gov>

Sent: Friday, September 29, 2023 12:43 PM To: Ross Monaghan <rmonagha@mit.edu>

Subject:

RE: RE: RE: MIT 2023 Financial assurance report for NEC license SNM-986

Thank you, I have received both emails and will begin looking at the enclosures next week.

Take care and have a great weekend!

-Jenny

Jenny Tobin Project Manager NMSS/DFM/FFLB

WAH Phone 301-415-2328 or 443-980-6077

From: Ross Monaghan <rmonagha@mit.edu>

Sent: Friday, September 29, 2023 12:22 PM To: Jenny Tobin (She/Her/Hers) <Jennifer.Tobin@nrc.gov>

Subject:

[External_Sender] RE: RE: MIT 2023 Financial assurance report for NEC license SNM-986

Hi Jenny,

How are you?

Attached is the first email with the electronic copies of the submission. When I sent the email with the 4 attachments it came back us undelivered due to it was over the size limit.

I will send a second email.

I will be sending the 2023 Treasurers Report once it is finalized and published which should be during the second week in October.

Please let me know if you have any questions or need anything else.

Thanks,

Ross Monaghan, CPA l Manager of General Ledger Operations and Financial Reporting MIT l Office of the Vice President for Finance 77 Massachusetts Avenue l Cambridge, MA 02139 l Bldg. NE 49-3141 617-324-7205l rmonagha@mit.edu

From: Jenny Tobin (She/Her/Hers) <Jennifer.Tobin@nrc.gov>

Sent: Friday, September 29, 2023 12:07 PM To: Ross Monaghan <rmonagha@mit.edu>

Subject:

RE: RE: MIT 2023 Financial assurance report for NEC license SNM-986

Happy Friday Mr. Monaghan!

Did you have any additional questions regarding your financial submission? Also, I believe that MIT is potentially submitting an RSO change amendment this fall as well, is that correct?

Thanks! Have a great weekend

-Jenny

Jenny Tobin Project Manager NMSS/DFM/FFLB WAH Phone 301-415-2328 or 443-980-6077

From: Jenny Tobin (She/Her/Hers)

Sent: Tuesday, September 26, 2023 11:25 AM To: 'Ross Monaghan' <rmonagha@mit.edu>

Cc: Osiris Siurano-Perez <Osiris.Siurano-Perez@nrc.gov>

Subject:

RE: RE: MIT 2023 Financial assurance report for NEC license SNM-986

Good morning Mr. Monaghan, Thanks for your inquiry! Yes, the information is still correct. If the information you are submitting is not meant to be public then it should be marked as proprietary or security-related or whatever the correct marking might be. We aim for openness/transparency at the NRC and therefore if information shared with us we will make it public unless we receive an affidavit/why the information should not be public.

Thanks so much for your patience!

Take care,

-Jenny

Jenny Tobin Project Manager NMSS/DFM/FFLB WAH Phone 301-415-2328 or 443-980-6077

From: Ross Monaghan <rmonagha@mit.edu>

Sent: Tuesday, September 26, 2023 8:47 AM To: Jennifer Tobin <Jennifer.Tobin@nrc.gov>

Cc: Osiris Siurano-Perez <Osiris.Siurano-Perez@nrc.gov>

Subject:

[External_Sender] RE: MIT 2023 Financial assurance report for NEC license SNM-986

Hi Jenny,

How are you?

Have you had a chance to look into this?

Thanks,

Ross Monaghan, CPA l Manager of General Ledger Operations and Financial Reporting MIT l Office of the Vice President for Finance 77 Massachusetts Avenue l Cambridge, MA 02139 l Bldg. NE 49-3141 617-324-7205l rmonagha@mit.edu

From: Ross Monaghan

Sent: Thursday, September 21, 2023 9:36 AM To: Jennifer Tobin <Jennifer.Tobin@nrc.gov>

Cc: Osiris Siurano-Perez <Osiris.Siurano-Perez@nrc.gov>

Subject:

RE: MIT 2023 Financial assurance report for NEC license SNM-986

Hi Jenny,

How are you?

In our compliance submission we have this in our letter, see below. Should we address this to you now? Is the address still correct?

We have not put any marks on our documents is the past so if you could give us some more direction on how to label them that would be great?

Thanks,

September 29, 2023 U.S. Nuclear Regulatory Commission Office of Nuclear Material Safety and Safeguards 11545 Rockville Pike Two White Flint Building Mailstop 2WF-04D46 Rockville, Maryland 20852 Attention: Richard Jervey

Re: Compliance Submissions, Self-Guarantee Agreement Pursuant to 10 CFR Part 50, 10 CFR Part 70 and NUREG-1757, Vol.3

Dear Mr. Jervey:

Ross Monaghan, CPA l Manager of General Ledger Operations and Financial Reporting MIT l Office of the Vice President for Finance 77 Massachusetts Avenue l Cambridge, MA 02139 l Bldg. NE 49-3141 617-324-7205l rmonagha@mit.edu

From: Jennifer Tobin <Jennifer.Tobin@nrc.gov>

Sent: Tuesday, September 19, 2023 1:51 PM To: Ross Monaghan <rmonagha@mit.edu>

Cc: Osiris Siurano-Perez <Osiris.Siurano-Perez@nrc.gov>

Subject:

RE: MIT 2023 Financial assurance report for NEC license SNM-986

Good afternoon Mr. Monaghan,

Thank you for reaching out, I look forward to working with you when you make your financial submission next month. Hopefully we wont have the same issues as past years with size of files.

Friendly reminder to mark your documents accordingly (proprietary, non-public or whatever the case may be).

Take care,

-Jenny

Jenny Tobin Project Manager NMSS/DFM/FFLB WAH Phone 301-415-2328 or 443-980-6077

From: Osiris Siurano-Perez <Osiris.Siurano-Perez@nrc.gov>

Sent: Tuesday, September 19, 2023 11:34 AM To: Ross Monaghan <rmonagha@mit.edu>

Cc: Jennifer Tobin <Jennifer.Tobin@nrc.gov>

Subject:

RE: MIT 2023 Financial assurance report for NEC license SNM-986 Importance: High

Hi, Mr. Monaghan!

Mr. Rick Jervey is currently enjoying his retirement (started about a month ago).

The new licensing PM for your facility is Ms. Jennifer Tobin. I have ccd her on this message for awareness and for any follow-up actions she may need to take with regards to your message below.

Note, however, that you can still contact me in case she is not available as I will continue to be her backup PM for MIT.

Cordially,

Osiris Siurano-Pérez Project Manager U.S. NRC Office of Nuclear Material Safety and Safeguards

From: Ross Monaghan <rmonagha@mit.edu>

Sent: Tuesday, September 19, 2023 10:14 AM To: Rick Jervey <Richard.Jervey@nrc.gov>

Cc: Osiris Siurano-Perez <Osiris.Siurano-Perez@nrc.gov>

Subject:

[External_Sender] MIT 2023 Financial assurance report for NEC license SNM-986

Hi Rick,

How are you?

We are issuing our audited financial statements in October again this year but the NRC filing is due September 30th. I want to make sure the NRC is still ok with us providing the current 2022 Treasurers Report and note that we will be sending an updated TR within xxx period of time.

Like last year I will be sending the 2023 Treasurers Report once it is finalized and published which should be around the second week of October.

thanks,

Ross Monaghan, CPA l Manager of General Ledger Operations and Financial Reporting MIT l Office of the Vice President for Finance 77 Massachusetts Avenue l Cambridge, MA 02139 l Bldg. NE 49-3141 617-324-7205l rmonagha@mit.edu

From: Rick Jervey <Richard.Jervey@nrc.gov>

Sent: Friday, November 4, 2022 2:17 PM To: Ross Monaghan <rmonagha@mit.edu>

Subject:

RE: RE: MIT 2022 Financial assurance report for NEC license SNM-986

Hi Ross,

As a formality I am letting you know that we accepted the 2022 report for our review. We will contact you if we need additional information.

We plan to finish our review by March 10, 2023, and will send a completion letter at that time.

If you have any questions feel free to contact me or Osiris!

Rick Jervey From: Ross Monaghan <rmonagha@mit.edu>

Sent: Friday, September 30, 2022 9:49 AM To: Osiris Siurano-Perez <Osiris.Siurano-Perez@nrc.gov>

Cc: Rick Jervey <Richard.Jervey@nrc.gov>

Subject:

[External_Sender] RE: MIT 2022 Financial assurance report for NEC license SNM-986

Hello,

The second email was oversized as well and didnt send so I made the attached 2021 Treasurers Report a smaller file.

Hopefully this will be the last email.

Thanks for the understanding.

Ross Monaghan, CPA l Manager of General Ledger Operations and Financial Reporting MIT l Office of the Vice President for Finance 77 Massachusetts Avenue l Cambridge, MA 02139 l Bldg. NE 49-3141 617-324-7205l rmonagha@mit.edu

From: Ross Monaghan Sent: Thursday, September 29, 2022 4:52 PM To: 'Osiris Siurano-Perez' <Osiris.Siurano-Perez@nrc.gov>

Cc: 'Richard.Jervey@nrc.gov' <Richard.Jervey@nrc.gov>

Subject:

RE: MIT 2022 Financial assurance report for NEC license SNM-986

Hello,

Here is the second email with the remaining two PDF files.

If you have any questions please let me know.

Thanks,

Ross Monaghan, CPA l Manager of General Ledger Operations and Financial Reporting MIT l Office of the Vice President for Finance 77 Massachusetts Avenue l Cambridge, MA 02139 l Bldg. NE 49-3141 617-324-7205l rmonagha@mit.edu

From: Ross Monaghan Sent: Thursday, September 29, 2022 4:50 PM To: 'Osiris Siurano-Perez' <Osiris.Siurano-Perez@nrc.gov>

Cc: 'Richard.Jervey@nrc.gov' <Richard.Jervey@nrc.gov>

Subject:

MIT 2022 Financial assurance report for NEC license SNM-986

Hi Osiris,

Thanks for looking into my questions about the filing this year.

Attached is the first email with the electronic copies of the submission. When I sent the email with the 4 attachments it came back us undelivered due to it was over the size limit.

I will send a second email.

I will be sending the 2022 Treasurers Report once it is finalized and published which should be during the second week in October.

Please let me know if you have any questions or need anything else.

Thanks,

Ross Monaghan, CPA l Manager of General Ledger Operations and Financial Reporting MIT l Office of the Vice President for Finance 77 Massachusetts Avenue l Cambridge, MA 02139 l Bldg. NE 49-3141 617-324-7205l rmonagha@mit.edu

From: Osiris Siurano-Perez <Osiris.Siurano-Perez@nrc.gov>

Sent: Thursday, September 29, 2022 12:24 PM To: Ross Monaghan <rmonagha@mit.edu>

Subject:

RE: MIT 2021 Financial assurance report for NEC license SNM-986

Hi, Ross!

Please see email below from our technical reviewer and let me know if you have any other questions.

Osiris

From: Lisa Pope <Lisa.Pope@nrc.gov>

Sent: Thursday, September 29, 2022 12:15 PM To: Osiris Siurano-Perez <Osiris.Siurano-Perez@nrc.gov>

Subject:

RE: RE: RE: FW: MIT 2021 Financial assurance report for NEC license SNM-986

Hello Osiris,

Since we will still be in the review process when the update comes in, it is okay that MIT provide the audited financial statement around the second week of October. If the update doesnt come in a reasonable amount of time, we can issue an RAI and go from there.

Thank you.

Lisa

From: Osiris Siurano-Perez <Osiris.Siurano-Perez@nrc.gov>

Sent: Wednesday, September 28, 2022 4:06 PM To: Lisa Pope <Lisa.Pope@nrc.gov>; Shawn Harwell <Shawn.Harwell@nrc.gov>

Cc: Fred Miller <Fred.Miller@nrc.gov>

Subject:

FW: RE: RE: FW: MIT 2021 Financial assurance report for NEC license SNM-986 Importance: High

Colleagues:

See below.

Do you have a response for his question of yesterday?

Thanks!

Osiris

From: Ross Monaghan <rmonagha@mit.edu>

Sent: Wednesday, September 28, 2022 3:26 PM To: Osiris Siurano-Perez <Osiris.Siurano-Perez@nrc.gov>

Subject:

[External_Sender] RE: RE: FW: MIT 2021 Financial assurance report for NEC license SNM-986

Hi Osiris,

I just want to let you know that we will be signing the self-guarantee letter tomorrow and can provide the NRC the agree upon procedures report from our auditors PwC as well.

Thanks,

Ross Monaghan, CPA l Manager of General Ledger Operations and Financial Reporting MIT l Office of the Vice President for Finance 77 Massachusetts Avenue l Cambridge, MA 02139 l Bldg. NE 49-3141 617-324-7205l rmonagha@mit.edu

From: Ross Monaghan <rmonagha@mit.edu>

Sent: Tuesday, September 27, 2022 10:38 AM To: Osiris Siurano-Perez <Osiris.Siurano-Perez@nrc.gov>

Subject:

[External_Sender] FW: MIT 2021 Financial assurance report for NEC license SNM-986

Hi Osiris,

Attached are the results of our review of the 2021 Financial assurance submittal.

If you need anything else please let me know.

Thanks,

Ross Monaghan, CPA l Manager of General Ledger Operations and Financial Reporting MIT l Office of the Vice President for Finance 77 Massachusetts Avenue l Cambridge, MA 02139 l Bldg. NE 49-3141 617-324-7205l rmonagha@mit.edu

From: Jervey, Richard <Richard.Jervey@nrc.gov>

Sent: Friday, November 26, 2021 10:00 AM To: Ross Monaghan <rmonagha@mit.edu>; Mitchell S Galanek <galanek@mit.edu>

Subject:

MIT 2021 Financial assurance report for NEC license SNM-986

Ross,

Attached is the results of our review of your 2021 Financial assurance submittal. Thanks for your diligence in this matter.

I ask that you forward these files to Mr Shor, as we have reduced use of USPS mailings for routine communications. Email will be used were possible. I do not have his email address in my contacts list.

Regards,

RickJervey

R. A. Jervey Licensing Project Manager USNRC/NMSS/DFM/FFLB

Phone: 301-415-6201 Email: raj@nrc.gov 11555 Rockville Pike Rockville, MD 20852