ML111950351

the Nuclear Regulatory Commission Staff Spot-Check Review of Tennessee Valley Authority'S One Hundred Percent Ownership Interest of Browns Ferry Nuclear Plant, Unit 1, on July 7, 2011 - Finding of No Potential Issues

ML111950351
Person / Time
Site:	Browns Ferry
Issue date:	07/15/2011
From:	Dusaniwskyj M A NRC/NRR/DPR/PFPB
To:	Regan C M NRC/NRR/DPR/PFPB
Dusaniwskji M A,NRR/DPR, 415-1260
Shared Package
ML111990109	List: ML111950351 ML111990115
References
SECY-07-0197
Download: ML111950351 (3)

Text

July 15, 2011 MEMORANDUM TO: Christopher M. Regan, Chief Financial Analysis and International Projects Branch Division of Policy and Rulemaking Office of Nuclear Reactor Regulation FROM: Michael A. Dusaniwskyj, Financial Analyst /RA/ Financial Analysis and International Projects Branch Division of Policy and Rulemaking Office of Nuclear Reactor Regulation

SUBJECT:

THE NUCLEAR REGULATORY COMMISSION STAFF SPOT-CHECK REVIEW OF TENNESSEE VALLEY AUTHORITY'S ONE HUNDRED PERCENT OWNERSHIP INTEREST OF BROWNS FERRY NUCLEAR PLANT, UNIT 1, DOCKET NO. 050-00259 ON JULY 7, 2011 - FINDING OF NO POTENTIAL ISSUES

Pursuant to SECY-07-0197 , the Nuclear Regulatory Commission (NRC) Staff has been instructed to perform spot-check on licensees to ensure that the amount reported to the NRC in the Biennial Decommissioning Funding Status (BDFS) Report is equivalent to the amount the licensee has in their bank account, as of December 31 st of the preceding year. After providing at least 10 days prior notice, the NRC staff, on July 7, 2011, performed the spot-check at 400 West Summit Hill Drive, Knoxville, Tennessee, where the Tennessee Valley Authority holds/receives the original bank statements for Browns Ferry Nuclear Plant, Unit 1 from Bank of New York Mellon.

After the NRC staff's spot-check of Browns Ferry Nuclear Plant, Unit 1 at the location of the original bank statements, the NRC staff found no issues related to the amount reported to the NRC in the 2011 BDFS Report of $164,952,588 and the stated amount in the bank statements dated December 31, 2010.

Because no issues were found in the NRC staff's spot-check of Browns Ferry Nuclear Plant, Unit 1, this memo serves to close out TAC No. ME6531.

CONTACT: Michael A. Dusaniwskyj, NRR/DPR 301-415-1260

ML111950351 OFFICE NRR/DPR/PFIB NAME MDusaniwksyj DATE 7/15/2011 INITIAL ON-SITE FINDINGS OF THE INDEPENDENT REACTOR DECOMMISSIONING TRUST FUND OVERSIGHT ANALYSIS UNIT: ____________________________________________________ LICENSEE: ____________________________________________________

PERCENT OWNERSHIP: ____________________________________________________ LOCATION OF REVIEW: ____________________________________________________ ____________________________________________________ LICENSEE CONTACT: ____________________________________________________

ORIGINAL DOCUMENTS VERIFIED TO SHOW TRUST BALANCE IS EQUAL TO ACTUAL TRUST BALANCE CLAIMED IN LAST DECOMMISSIONING FUNDING STATUS REPORT:

[ ] YES [ ] NO

ATTACHMENTS PROVIDED: [ ] YES [ ] NO

OVERSIGHT REVIEW AND AUDIT FINDINGS:

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ADDITIONAL COMMENTS:

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PERFORMED BY: _____________________________

DATE OF REVIEW: _____________________________