NOC-AE-03001476, Evidence of Financial Protection

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Evidence of Financial Protection
ML030650719
Person / Time
Site: South Texas  STP Nuclear Operating Company icon.png
Issue date: 02/26/2003
From: Harrison G
South Texas
To:
Document Control Desk, Office of Nuclear Reactor Regulation
References
31564037, NOC-AE-03001476
Download: ML030650719 (14)
v • d • e


Text

Nuclear Operating Company South Texas Pro/ect Electric GencratinSStation PC 8,x 289 Wadsworth, Texas 77483 *pNA/

February 26,2003 NOC-AE-03001476 STINo.: 31564037 File No.: G20 10CFR1 40.11 (a)(4) 10CFR140.15 10CFR140.17 10CFR140.21 U. S. Nuclear Regulatory Commission Attention: Document Control Desk Washington, D.C. 20555 South Texas Project Units 1 and 2 Docket Nos.: STN 50-498, STN 50-499 Evidence of Financial Protection Pursuant to the requirements of 10CFR140.11 (a)(4), 10CFR140.15, 10CFR140.17, and 10CFR140.21, STP Nuclear Operating Company submits the attached Nuclear Energy Liability Insurance policy endorsements from American Nuclear Insurers (ANI). This submittal contains the following endorsements:

Nuclear Energy Liability Facility Form (NF-0307)

Master Worker Form (NW-0657)

Secondary Financial Protection (N-01 13 / N-0116)

Suppliers &Transporters (NS-0504)

Should you have any questions, concerns, or require additional information on this matter, please contact Ron Hyde at (361) 972-3611 extension 7992 or by E-mail at rghyde@stpegs.com.

George R. Harrison Manager, Financial Services KMW Attachments: Endorsements (10) 0 \-UMAN RESOURCES\INSURANCE\ANNUAL MUST DOS\2003\NRC-UABILITY INS NOTICE (ANI-2003) DOC

STP NuclearOperatingCompany NOC-AE-03001476 File No.: G02 Page 2 cc:

(paper copy) (electronic copy)

Ellis W. Merschoff A.H. Gutterman, Esquire Regional Administrator, Region IV Morgan, Lewis & Bockius LLP U.S. Nuclear Regulatory Commission 611 Ryan Plaza Drive, Suite 400 L D. Blaylock/W. C.Gunst Arlington, Texas 76011-8064 City Public Service U.S. Nuclear Regulatory Commission Mohan C.Thadani Attention: Document Control Desk U. S. Nuclear Regulatory Commission One White Flint North 11555 Rockville Pike R. L. Balcom Rockville, MD 20852 Texas Genco, LP Richard A. Ratliff A. Ramirez Bureau of Radiation Control City of Austin Texas Department of Health 1100 West 49th Street C. A.Johnson Austin,TX 78756-3189 AEP Texas Central Company Cornelius F. O'Keefe Jon C. Wood U.S. Nuclear Regulatory Commission Matthews & Branscomb P. O. Box 289, Mail Code: MN1 16 Wadsworth, TX 77483 C.M.Canady City of Austin Electric Utility Department 721 Barton Springs Road Austin,TX 78704 F. H. Mallen w/o N5001 R. G. Hyde w/o N5001 R. D. Piggott, w/o N5014 S. C. Beaver N5014 K. M. Wheaton N5017 File

NUCLEAR ENERGY LIABILITY INSURANCE NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION AMENDMENT OF CONDITION 4 It is agreed that with respect to bodily injury, property damage, environmental damage or evacuation of the public caused after the effective date of this endorsement by the nuclear energy hazard, the figure "$200,000,000" stated in Condition 4 of this policy is amended to read "$300,000,000".

This is to certify that this is a true copy of the original Endorsement having the endorsement number and being made part of the Nuclear Energy Liability Policy (Facility Form) as designated hereon. No insurance is afforded hereunder.

John L. Quattrocchi Senior Vice President, Underwriting American Nuclear Insurers Effective Date of this Endorsement: January 1, 2003 To form a part of Policy No. NF -0307 (12:01 A.M. Standard Time)

Issued to: STP Nuclear Operating Company, Texas Genco, LP, City Public Service Board of San Antonio, Central Power and Light Company, City of Austin Date of Issue: December 20, 2002 For the subscribing companies By c" President Endorsement No.: 85 Countersigned by CERTIFIED COPY

"NUCLEARENERGY LIABILITY INSURANCE NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION Endorsement No.80, entitled "LIMITATION OF COVERAGE FOR TERRORIST ACTS (ONE SHARED INDUSTRY AGGREGATE LIMIT), is deleted and replaced with the following:

LIMITATION OF COVERAGE FOR TERRORIST ACTS (ONE SHARED INDUSTRY AGGREGATE LIMIT)

It is agreed that with respect to bodily injury, property damage, environmental damage or evacuation of the public caused by the nuclear energy hazard and arising out of a terrorist act:

1. the total aggregate liability of the companies shall be $300,000,000 regardless of(i) the number of terrorist acts affecting this or any other nuclear energy liability policy (Facility Form or Supplier's and Transporter's Form) or (ii) the number of nuclear energy liability policies (Facility Form or Supplier's and Transporter's Form) issued by the Nuclear Energy Liability Insurance Association under which coverage may be sought.
2. the limit of liability shown in Item 4 of the policy Declarations or as amended by endorsement to this policy is subject to the industry aggregate limitation described in paragraph 1 above.
3. the companies may, at their option, reinstate the one shared industry aggregate limit of

$300,000,000, provided that any such reinstatement approved by the companies shall not exceed the balance in the Industry Credit Rating Plan reserve fund.

4. the term "terrorist act" as used herein means a violent or otherwise hostile act or an act dangerous to human life, tangible or intangible property or infrastructure by any person or group, whether acting alone or on behalf of any organization or government, which causes damage to property or injury to persons, or represents a threat thereof and appears to be intended to (i) intimidate or coerce a civilian population; or (ii) disrupt any segment of an economy; or (iii) influence the policy of a government by intimidation or coercion; or (iv) affect the conduct of a government by mass This is to certify that this is a true copy of the original Endorsement having the endorsement number and being made part of the Nuclear Energy Liability Policy (Facility Form) as designated hereon. No insurance is afforded hereunder.

John L. Quattrocchi, Senior Vice President, Underwriting American Nuclear Insurers this Endorsement: January 1, 2003 To form a part of Policy No. NF -0307 (12:01 A.M. Standard Time)

Issued to: STP Nuclear Operating Company, Texas Genco, LP, City Public Service Board of San Antonio, Central Power and Light Company, City of Austin Date of Issue: December 20, 2002 For the subscribing companies By"4 C, "President Endorsement No.: 86 Countersigned by CERTIFIED Copy

NUCLEAR ENERGY LIABILITY INSURANCE NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION Endorsement No.80, entitled "LIMITATION OF COVERAGE FOR TERRORIST ACTS (ONE SHARED INDUSTRY AGGREGATE LIMIT), is deleted and replaced with the following:

LIMITATION OF COVERAGE FOR TERRORIST ACTS (ONE SHARED INDUSTRY AGGREGATE LIMIT)

It is agreed that with respect to bodily injury, property damage, environmental damage or evacuation of the public caused by the nuclear energy hazard and arising out of a terrorist act:

1. the total aggregate liability of the companies shall be $300,000,000 regardless of (i) the number of terrorist acts affecting this or any other nuclear energy liability policy (Facility Form or Supplier's and Transporter's Form) or (ii) the number of nuclear energy liability policies (Facility Form or Supplier's and Transporter's Form) issued by the Nuclear Energy Liability Insurance Association under which coverage may be sought.
2. the limit of liability shown in Item 4 of the policy Declarations or as amended by endorsement to this policy is subject to the industry aggregate limitation described in paragraph 1 above.
3. the companies may, at their option, reinstate the one shared industry aggregate limit of

$300,000,000, provided that any such reinstatement approved by the companies shall not exceed the balance in the Industry Credit Rating Plan reserve fund.

4. the term "terrorist act" as used herein means a violent or otherwise hostile act or an act dangerous to human life, tangible or intangible property or infrastructure by any person or group, whether acting alone or on behalf of any organization or government, which causes damage to property or injury to persons, or represents a threat thereof and appears to be intended to (i) intimidate or coerce a civilian population; or (ii) disrupt any segment of an economy; or (iii) influence the policy of a government by intimidation or coercion; or (iv) affect the conduct of a government by mass destruction, assassination, kidnapping or hostage-taking.

Effective Date of this Endorsement: January 1, 2003 To form a part of Policy No. NF -0307 (12.01 A.M. Standard Time)

Issued to: STP Nuclear Operating Company, Texas Genco, LP, City Public Service Board of San Antonio, Central Power and Light Company, City of Austin Date of Issue: December 20, 2002 For the subscribing companies By C/ 0 President Endorsement No.: 86 Countersigned by

NUCLEAR ENERGY LIABILITY INSURANCE NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION INCREASE OF LIMIT OF LIABILITY ENDORSEMENT (After Prior Increase)

It is agreed that:

1. The limit of the companies' liability stated in Item 4 of the declarations as amended by the Increase of Limit of Liability Endorsement(s) listed below is further amended to read $ 300,000,000 ; but in the event that any payments have heretofore been made by the companies for loss or expense covered by the policy, each of those limits of liability including the limit of liability as amended by this endorsement is reduced in accordance with Condition 3 of the policy by the total amount of those payments, except to the extent that any such reduced limit of liability may have been previously restored in accordance with a Restoration of Limit of Liability Endorsement.
2. The increase in the limit of liability provided by this endorsement applies only with respect to obligations assumed or expenses incurred because of bodily injury, property damage, environmental damage or evacuation of the public caused, during the period from the effective date of this endorsement to the date of termination of the policy, by the nuclear energy hazard.
3. The original limit of liability stated in Item 4 of the declarations, the limit(s) of liability stated in the Increase of Limit of Liability Endorsement(s) listed below and the amended limit of liability stated in paragraph 1 above shall not be cumulative, and each payment made by the companies after the effective date of this endorsement for any loss or expense covered by the policy shall reduce by the amount of such payment each of those limits of liability, regardless of which limit of liability applies with respect to the bodily injury, property damage, environmental damage or evacuation of the public out of which such loss or expense arises.

Previous Increase of Limit of Liability Endorsement(s)

T*nrclPm"rnt Ntrn (el- 11 99 rO .nnu  ;AA This is to certify that this is a true copy of the original Endorsement having the endorsement number and being made part of the Nuclear Energy Liability Policy (Facility Form) as designated hereon. No insurance is afforded hereunder.

John L. Quattrocchi, Senior Vice President, Underwriting American Nuclear Insurers Effective Date of this Endorsement: January 1, 2003 To form a part of Policy No. NF -0307 (12:01 A.M. Standard Time)

Issued to: STP Nuclear Operating Company, Texas Genco, LP, City Public Service Board of San Antonio, Central Power and Light Company, City of Austin Date of Issue: December 20, 2002 For the subs ribing comparies By>

C/ President Endorsement No.: 87 Countersigned by CERTIFIED COPY

NUCLEAR ENERGY LIABILITY INSURANCE NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION INCREASE OF LIMIT OF LIABILITY ENDORSEMENT (After Prior Increase)

It is agreed that:

1. The limit of the companies' liability stated in Item 4 of the declarations as amended by the Increase of Limit of Liability Endorsement(s) listed below is further amended to read $ 300,000,000 ; but in the event that any payments have heretofore been made by the companies for loss or expense covered by the policy, each of those limits of liability including the limit of liability as amended by this endorsement is reduced in accordance with Condition 3 of the policy by the total amount of those payments, except to the extent that any such reduced limit of liability may have been previously restored in accordance with a Restoration of Limit of Liability Endorsement.
2. The increase in the limit of liability provided by this endorsement applies only with respect- to obligations assumed or expenses incurred because of bodily injury, property damage, environmental damage or evacuation of the public caused, during the period from the effective date of this endorsement to the date of termination of the policy, by the nuclear energy hazard.
3. The original limit of liability stated in Item 4 of the declarations, the limit(s) of liability stated in the Increase of Limit of Liability Endorsement(s) listed below and the amended limit of liability stated in paragraph 1 above shall not be cumulative, and each payment made by the companies after the effective date of this endorsement for any loss or expense covered by the policy shall reduce by the amount of such payment each of those limits of liability, regardless of which limit of liability applies with respect to the bodily injury, property damage, environmental damage or evacuation of the public out of which such loss or expense arises.

Previous Increase of Limit of Liability Endorsement(s)

Endorsement No.(s): 11, 22, 59 and 64 Effective Date of this Endorsement: January 1, 2003 To form a part of Policy No. NF -0307 (12:01 A.M. Standard Time)

Issued to: STP Nuclear Operating Company, Texas Genco, LP, City Public Service Board of San Antonio, Central Power and Light Company, City of Austin Date of Issue: December 20, 2002 For the subscribing companies By C 0 President Endorsement No.: 87 Countersigned by ýý ,, t

NUCLEAR ENERGY LIABILITY INSURANCE NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION ADVANCE PREMIUM AND STANDARD PREMIUM ENDORSEMENT CALENDAR YEAR 2003

1. ADVANCE PREMIUM: It is agreed that the Advance Premium due the companies for the period designated above is: $860,799.00
2. STANDARD PREMIUM AND RESERVE PREMIUM: In the absence of a change in the Advance Premium indicated above, it is agreed that, subject to the provisions of the Industry Credit Rating Plan, the Standard Premium is said Advance Premuim and the Reserve Premium is: $660,397.00 This is to certify that this is a true copy of the original Endorsement having the endorsement number and being made part of the Nuclear Energy Liability Policy (Facility Form) as designated
n. No insurance is afforded hereunder.

John L. Quattrocchi, Senior Vice President - Underwriting Amencan Nuclear Insurers Effective Date of this Endorsement: January 1, 2003 To form a part of Policy No. NF -0307 (12:01 A.M. Standard Time)

Issued To: STP Nuclear Operating Company, Texas Genco, LP, City Public Service Board of San Antonio, Central Power and Light Company, City of Austin Date of Issue: December 20, 2002 For the subscribing coF1 nies By %L,-

C-/ President Endorsement No: 88 Countersigned by'* ",

  • CERTIFIED COPY NE-36

NUCLEAR ENERGY LIABILITY INSURANCE NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION ADVANCE PREMIUM AND STANDARD PREMIUM ENDORSEMENT CALENDAR YEAR 2003

1. ADVANCE PREMIUM: It is agreed that the Advance Premium due the companies for the period designated above is: $79,000.00
2. STANDARD PREMIUM AND RESERVE PREMIUM: In the absence of a change in the Advance Premium indicated above, it is agreed that, subject to the provisions of the Industry Credit Rating Plan, the Standard Premium is said Advance Premuim and the Reserve Premium is: $59,250.00 This is to certify that this is a true copy of the original Endorsement having the endorsement number and being made part of the Certificate of Insurance bearing the number designated heron for insurance coverage under the Nuclear Energy Liability Policy (Facility Workers Form). No insurance is f rded hereunder.

John L. Quattrocchi, Senior Vice President - Underwnting Amencan Nuclear Insurers Effective Date of this Endorsement: January 1, 2003 To form a part of Certificate No. NW -0657 (12:01 A.M. Standard Time)

Issued To: STP Nuclear Operating Company, Texas Genco, LP, City Public Service Board of San Antonio, Central Power and Light Company, City of Austin Date of Issue: November 21, 2002 For the subscribing co ?I nies By a-- -

(V President Endorsement No: 8 Countersigned byý -==.

CERTIFIED COPY

NUCLEAR ENERGY LIABILITY INSURANCE NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION ENDORSEMENT TO CERTIFICATE NO. N -0113 Forming Part of Master Policy No. 1 Nuclear Energy Liability Insurance (Secondary Financial Protection)

It is agreed that effective January 1, 2003, Item 4. (a) of the certificate is amended to read as follows:

Item 4. (a) Identification of primary financial protection applicable to the nuclear reactor and limit(s) of liability thereof:

(1) Facility Form Policy:

Nuclear Energy Liability Insurance Association's Policy NF-0307 $300,000,000 (2) Master Worker Policy (Facility Worker Form):

Nuclear Energy Liability Insurance Association's Master Worker Policy NMWP-2 $300,000,000 This is to certify that this is a true copy of the original endorsement having the endorsement number and being made part of the Certificate of Insurance bearing the number designated hereon for insurance coverage under the Nuclear Energy Liability Policy (Secondary Financial Protection). No insurance is afforded hereunder.

John L. Quattrocchi, Senior Vice President, Underwriting American Nuclear Insurers Effective Date of this Endorsement: January 1, 2003 To form a part of Certificate No. N -0113 (12:01 A.M. Standard Time)

Issued to: STP Nuclear Operating Company, Texas Genco, LP, City Public Service Board of San Antonio, Central Power and Light Company, City of Austin Date of Issue: December 20, 2002 For the subscribing companies By_ f

- cK President Endorsement No.: 35 Countersigned by NE-S-23 (1/1/03) CERTIFIED COPY

NUCLEAR ENERGY LIABILITY INSURANCE NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION ANNUAL PREMIUM ENDORSEMENT CALENDAR YEAR 2003

1. ANNUAL PREMIUM: It is agreed that the Annual Premium due the companies for the period designated above is: $9,000.00 This is to certify that this is a true copy of the onginal Certificate, bearing the number designated heron, for insurance coverage under the Master Policy-Nuclear Energy Liability Insurance (Secondary Financial ection). No insurance is afforded by this copy.

John L. Quattrocchi, Senior Vice President - Underwriting Amencan Nuclear Insurers Effective Date of this Endorsement: January 1, 2003 To form a part of Certificate No. N -0113 (12:01 A.M. Standard Time)

Issued To: STP Nuclear Operating Company, Texas Genco, LP, City Public Service Board of San Antonio, Central Power and Light Company, City of Austin Date of Issue: November 20, 2002 For the subscribing co~ipynies By President Endorsement No: 36 Countersigned by'ý '*"

CERTIFIED COPY

NUCLEAR ENERGY LIABILITY INSURANCE NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION ENDORSEMENT TO CERTIFICATE NO. N -0116 Forming Part of Master Policy No. 1 Nuclear Energy Liability Insurance (Secondary Financial Protection)

It is agreed that effective January 1, 2003, Item 4. (a) of the certificate is amended to read as follows:

Item 4. (a) Identification of primary financial protection applicable to the nuclear reactor and limit(s) of liability thereof:

(1) Facility Form Policy:

Nuclear Energy Liability Insurance Association's Policy NF-0307 $300,000,000 (2) Master Worker Policy (Facility Worker Form):

Nuclear Energy Liability Insurance Association's Master Worker Policy NMWP-2 $300,000,000 This is to certify that this is a true copy of the original endorsement having the endorsement number and being made part of the Certificate of Insurance bearing the number designated hereon for insurance coverage under the Nuclear Energy Liability Policy (Secondary Financial Protection). No insurance is afforded hereunder.

John L. Quattrocchi, Senior Vice President, Underwriting American Nuclear Insurers Effective Date of this Endorsement: January 1, 2003 To form a part of Certificate No. N -0116 (12:01 A.M. Standard Time)

Issued to: STP Nuclear Operating Company, Texas Genco, LP, City Public Service Board of San Antonio, Central Power and Light Company, City of Austin Date of Issue: December 20, 2002 For the subscribing companies Bv Bv C' ~President Endorsement No.: 33 Countersigned by NE-S-23 (111/03) CERTIFIED COPY

NUCLEAR ENERGY LIABILITY INSURANCE NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION ANNUAL PREMIUM ENDORSEMENT CALENDAR YEAR 2003

1. ANNUAL PREMIUM: It is agreed that the Annual Premium due the companies for the period designated above is: $9,000.00 This is to certify that this is a true copy of the onginal Certificate, beanng the number designated heron, for insurance coverage under the Master Policy-Nuclear Energy Liability Insurance (Secondary Financial ection) No insurance is afforded by this copy John L. Quattrocchi, Senior Vice President- Underwriting Amencan Nuclear Insurers Effective Date of this Endorsement: January 1, 2003 To form a part of Certificate No. N -0116 (12.01 A.M. Standard Time)

Issued To: STP Nuclear Operating Company, Texas Genco, LP, City Public Service Board of San Antonio, Central Power and Light Company, City of Austin Date of Issue: November 20, 2002 For the subscribing cotPnies By President Endorsement No: 34 Countersigned by'ý ' "

CERTIFIED COPY

W

  • NUCLEAR ENERGY LIABILITY INSURANCE NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION ADVANCE PREMIUM AND STANDARD PREMIUM ENDORSEMENT CALENDAR YEAR 2003
1. ADVANCE PREMIUM: It is agreed that the Advance Premium due the companies for the period designated above is: $33,994.00
2. STANDARD PREMIUM AND RESERVE PREMIUM: In the absence of a change in the Advance Premium indicated above, it is agreed that, subject to the provisions of the Industry Credit Rating Plan, the Standard Premium is said Advance Premuim and the Reserve Premium is: $25,746.00 CERTIFIED TO BE A TRut: COPY OF THE ORIGINAL ENPORSEMENT.

V4io Effective Date of this Endorsement: January 1, 2003 To form a part of Policy No. NS -0504 (12.01 A.M. Standard Time)

Issued To: STP Nuclear Operating Company Date of Issue: December 10, 2002 For the subscribing co?I nies By President Endorsement No: 51 Countersigned by' -!ý ." ý NE-36

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