View source for RIS 2001-07, 10 CFR 50.75(f)(1) Reports on the Status of Decommissioning Funds (Due March 31, 2001)

{{Adams
| number = ML010300068
| issue date = 02/23/2001
| title = 10 CFR 50.75(f)(1) Reports on the Status of Decommissioning Funds (Due March 31, 2001)
| author name = Matthews D B
| author affiliation = NRC/NRR/DRIP
| addressee name = 
| addressee affiliation = 
| docket = 
| license number = 
| contact person = Dusaniwskyj M
| document report number = RIS-01-007
| document type = NRC Regulatory Issue Summary
| page count = 5
}}
{{#Wiki_filter:UNITEDSTATESNUCLEARREGULATORYCOMMISSIONOFFICEOFNUCLEARREACTORREGULATIONWASHINGTON,D.C.20555-0001February23,2001NRCREGULATORYISSUESUMMARY2001-0710CFR50.75(f)(1)REPORTSONTHESTATUSOFDECOMMISSIONINGFUNDS(DUEMARCH31,2001)

==ADDRESSEES==
Allholdersofoperatinglicensesfornuclearpowerreactors.

==INTENT==
TheU.S.NuclearRegulatoryCommission(NRC)isissuingthisregulatoryissuesummary(RIS)toclarifythereportingrequirementsof10CFR50.75(f)(1)regardingthestatusof decommissioningfunding.Licenseessubmittingfinancialreportspursuanttotherequirements of10CFR50.75(f)(1)(duebyMarch31,2001)areexpectedtoseparatefundingestimates relatedtothecostsofdecommissioningincludedintheNRC'sdefinitionofdecommissioningin
10CFR50.2,fromthoserelatedtootherdecommissioningcostsnotsoincluded.

==BACKGROUND==
INFORMATIONPursuantto10CFR50.75(f)(1),powerreactorlicenseesarerequiredtoreportthefinancialstatusofdecommissioningfundstotheNRCeverytwoyears,withthefirstreportsbeing submittedbyMarch31,1999.TheinformationintheMarch31,1999reportsincluded:(1)theamountofdecommissioningfundsestimatedtoberequiredpursuantto10CFR50.75(b)and(c)(2)theamountaccumulatedtotheendofthecalendaryearprecedingthedateofthereport(December31,1998)(3)ascheduleoftheannualamountsremainingtobecollected
(4)theassumptionsusedindeterminingratesofescalationindecommissioningcosts,ratesofearningsondecommissioningfunds,andratesofotherfactorsusedinfunding projections(5)anycontractsuponwhichthelicenseeisrelyingpursuantto10CFR50.75(e)(1)(v)
ML010300068 RIS2001-07Page2of3(6)anymodificationsoccurringtoalicensee'scurrentmethodofprovidingfinancialassurancesincethelastsubmittedreport(7)anymaterialchangestotrustagreements.

Licenseesaretoestimatethefundingneededforradiologicaldecommissioningeitherbyusingtheformulasincludedin10CFR50.75(c)orbyusingasite-specificmethodology.Thesite- specificdecommissioningestimatecannotbelowerthanthedecommissioningestimateusing the10CFR50.75(c)formulas.AccordingtoNUREG-1577,Revision1,"StandardReviewPlan onPowerReactorLicenseeFinancialQualificationsandDecommissioningFundingAssurance"
(SRP),theNRCformulasin10CFR50.75(c)includeonlydecommissioningcostsincurredby licenseestoremoveafacilityorsitesafelyfromserviceandreduceresidualradioactivitytoa levelthatpermits(1)releaseofthepropertyforunrestricteduseandterminationofthelicense, or(2)releaseofthepropertyunderrestrictedconditionsandterminationofthelicense.The formulasdonotincludethecostsofdismantlingnon-radiologicalsystemsandstructuresorthe costsofmanagingandstoringspentfuelonsite.Therefore,theSRPstatesthatlicensees shouldeitheromitthesecostsintheircalculationsorlistthemseparately.TheNRCstaff compilesthisinformationtoassisttheCommissioninassessingthestatusofdecommissioning fundingassurance.In1999,somelicenseesreportingunder10CFR50.75(f)indicateda combinedtotalanddidnotdistinguishbetweentheradiologicalandnon-radiologicalestimates.

ThestaffisissuingthisRIStoinformlicenseesoftheneedtopreservethedistinctionbetween NRC-definedcostestimatesandallotherdecommissioningcostestimatesinthereportsthey mustsubmitbyMarch31,2001.SUMMARYOFISSUEInreportingthefinancialstatusofdecommissioningfunds,licenseesshouldeitheromitorlistseparately,thecostsofnonNRC-defineddecommissioningactivities,suchasdismantlingnon- radiologicalsystemsandstructuresandthecostsofmanagingandstoringspentfuelonsite.

Thesenon-radiologicalcostsarenotcountedaspartofNRC'srequireddecommissioning fundingassurance.BACKFITDISCUSSIONThisRISrequiresnoactionorwrittenresponseandis,therefore,notabackfitunder10CFR50.109.Consequently,thestaffdidnotperformabackfitanalysis.FEDERALREGISTERNOTIFICATIONAnoticeofopportunityforpubliccommentwasnotpublishedintheFederalRegister becausethisRISisinformationalandpertainstoamatterthatwasopentopubliccommentduringits promulgation.

RIS2001-07Page3of3PAPERWORKREDUCTIONACTSTATEMENTThisRISdoesnotrequestthecollectionofanynewinformation.ThisRISrequiresnospecificactionorwrittenresponse.Ifyouhaveanyquestionsaboutthismatter,pleasecontactthepersonlistedbelowortheOfficeofNuclearReactorRegulation projectmanagerforyourspecificnuclearpowerplant./RA/DavidB.Matthews,Director DivisionofRegulatoryImprovementPrograms OfficeofNuclearReactorRegulationContact:MichaelA.Dusaniwskyj301-415-1260
E-mail:mad1@nrc.govAttachment:
ListofRecentlyIssuedNRCRegulatoryIssueSummaries RIS2001-07Page3of3PAPERWORKREDUCTIONACTSTATEMENTThisRISdoesnotrequestthecollectionofanynewinformation.ThisRISrequiresnospecificactionorwrittenresponse.Ifyouhaveanyquestionsaboutthismatter,pleasecontactthepersonlistedbelowortheOfficeofNuclearReactorRegulation projectmanagerforyourspecificnuclearpowerplant./RA/DavidB.Matthews,Director DivisionofRegulatoryImprovementPrograms OfficeofNuclearReactorRegulationContact:MichaelA.Dusaniwskyj301-415-1260
E-mail:mad1@nrc.govAttachment:
ListofRecentlyIssuedNRCRegulatoryIssueSummariesDistribution
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DATE01/30/0101/24/0101/31/0101/31/01OFFICEC:RGEB:DRIPREXBOGCC:REXB:DRIPD:DRIPNAMECCarpenter*NFields*SUttalw/chgs*LMarsh*DMatthews DATE01/31/0102/21/0102/15/0102/21/0102/23/01OFFICIALRECORDCOPY 
_____________________________________________________________________________________OL=OperatingLicense CP=ConstructionPermitAttachmentRIS2001-07 Page1of1LISTOFRECENTLYISSUEDNRCREGULATORYISSUESUMMARIES
_____________________________________________________________________________________RegulatoryIssueDateofSummaryNo.SubjectIssuanceIssuedto____________________________________________________________________________________2001-06CriteriaforTriggeringaReviewUnder10CFR50-80forNon- OwnerOperatorService Companies02/15/01Allholdersofoperatinglicensesfornucleqrpowerreactors2001-05GuidanceonSubmittingDocumentstotheNRCby ElectronicInformationExchange oronCD-ROM01/25/01Allholdersofoperatinglicensesfornuclearreactorsandall vendorswhoarerequiredtomake submittalstotheU.S.Nuclear RegulatoryCommission(NRC)
pursuanttoPart50ofTitle10of theCodeofFederalRegulations
(10CFRPart50),"Domestic LicensingofProductionand UtilizationFacilities."2001-04IssuanceofUpdatedGuidanceontheTransferofOwnershipor ControlofLicensedActivities (NUREG-1556,Volume15)01/24/01Allmaterialandfuelcycle licensees.2001-03Changes,Tests,andExperiments01/23/01AllU.S.NRCPart50andPart72licenseesandPart72Certificate ofComplianceholders.2001-02GuidanceonRisk-InformedDecisionmakinginLicense AmendmentReviews01/18/01Allholdersofoperatinglicensesfornuclearpowerreactors,except thosewhohavepermanently ceasedoperationsandhave certifiedthatfuelhasbeen permanentlyremovedfromthe reactorvessel.2001-01EligibilityofOperatorLicenseApplicants01/18/01Allholdersofoperatinglicensesfornuclearpowerreactors,except thosewhohavepermanently ceasedoperationsandhave certifiedthatfuelhasbeen permanentlyremovedfromthe reactorvessel.
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