ML18317A219: Difference between revisions

From kanterella
Jump to navigation Jump to search
(Created page by program invented by StriderTol)
 
(Created page by program invented by StriderTol)
 
(4 intermediate revisions by the same user not shown)
Line 2: Line 2:
| number = ML18317A219
| number = ML18317A219
| issue date = 11/08/2018
| issue date = 11/08/2018
| title = 2018/11/08 NRR E-mail Capture - [External_Sender] RAI EP 11.06.18-Question
| title = NRR E-mail Capture - (External_Sender) RAI EP 11.06.18-Question
| author name = Lampert M
| author name = Lampert M
| author affiliation = Pilgrim Watch, Town of Duxbury, MA
| author affiliation = Pilgrim Watch, Town of Duxbury, MA
| addressee name = Lamb J G
| addressee name = Lamb J
| addressee affiliation = NRC/NRR/DORL/LSPB
| addressee affiliation = NRC/NRR/DORL/LSPB
| docket = 05000293
| docket = 05000293
Line 15: Line 15:


=Text=
=Text=
{{#Wiki_filter:Code of Federal Regulations
{{#Wiki_filter:NRR-DMPSPEm Resource From:                            Mary Lampert <mary.lampert@comcast.net>
Sent:                            Thursday, November 8, 2018 10:45 AM To:                              Lamb, John


Code of Federal Regulations}}
==Subject:==
[External_Sender] RAI EP 11.06.18-Question Attachments:                      RAI aircraft fuel considered in calculations heatup 11.08.18.pdf; RAI 11.06.18 ML18310A021.pdf Hello John:
Pilgrim Watch and the Town of Duxbury Nuclear Advisory Committee have two questions regarding the RAI discussed in the attachment.
We look forward to your timely response.
Enjoy the day.
Mary 1
 
Hearing Identifier:      NRR_DMPS Email Number:            661 Mail Envelope Properties        (011501d47779$fcb0f270$f612d750$)
 
==Subject:==
[External_Sender] RAI EP 11.06.18-Question Sent Date:                11/8/2018 10:44:50 AM Received Date:            11/8/2018 10:45:05 AM From:                    Mary Lampert Created By:              mary.lampert@comcast.net Recipients:
"Lamb, John" <John.Lamb@nrc.gov>
Tracking Status: None Post Office:              comcast.net Files                            Size                      Date & Time MESSAGE                          217                      11/8/2018 10:45:05 AM RAI aircraft fuel considered in calculations heatup 11.08.18.pdf                72584 RAI 11.06.18 ML18310A021.pdf                              155593 Options Priority:                        Standard Return Notification:              No Reply Requested:                  No Sensitivity:                      Normal Expiration Date:
Recipients Received:
 
TO: John Lamb DATE: November 8, 2018
 
==SUBJECT:==
RAI - Pilgrim EP Exemption [ML18310A021]
Mr. Lamb:
The RAI says that:
Issue Attachment 2 of Entergys submittal contains the Adiabatic Heatup Analysis for Drained Spent Fuel Pool. In the attachment, Table 2 Fuel Bundle Inputs for GNF2 Fuel lists the geometry inputs for the GNF2 fuel bundles evaluated in the analysis.
The mass of the upper and lower plenums, 13.217 and 14.612 lbms respectively, are listed. These values are then added to the calculated mass of zircaloy-2, which are used to calculate the total heat capacity of the fuel assembly. This heat capacity was used to demonstrate that a 10 hour heat up time to the ignition temperature (900&deg;C) would be available with a 10-month decay time, assuming the fuel assembly heats uniformly.
Request for Additional Information Based on the construction of a GNF2 fuel assembly, describe how the heat up rates of the plenums would be the same as the rest of the fuel assembly. Specifically, describe how the heat originating in the fuel gets to the upper and lower plenums under the assumed adiabatic conditions (when temperatures within the fuel bundle are assumed to maintain uniformity).
Pilgrim Watch and the Town of Duxbury Nuclear Advisory Committee have two questions:
: 1. Was the threat of terrorism considered in the calculations?
: 2. Was the potential of an aircraft fuel fire considered in the calculations?
If either of these was not considered, for each we want to know on what basis and for what reasons the NRC considered that it was acceptable to ignore it. The terrorism threat is not going to go away, and any scenario involving an aircraft attack must consider aircraft fuel.
If either of these was considered, please tell us which, and provide all specific information, data and calculations provided by Entergy, and NRCs assessment of the accuracy of that data and information.
Thank you and we look forward to a timely response.
Mary & Jim Lampert Pilgrim Watch/Town of Duxbury Nuclear Advisory Committee 148 Washington Street, Duxbury MA 02332 Tel. 781.934.0389/Email mary.lampert@comcast.net
 
155'0363(P5HVRXUFH
)URP                              /DPE-RKQ 6HQW                              7XHVGD\1RYHPEHU$0 7R                                0LQHU3HWHU
&F                                %\UQH5REHUW0&RXWXUH,,,3KLOLS+DOWHU0DQG\3RZHUV0LFKDHO-
6XEMHFW                          5$,3LOJULP(3([HPSWLRQ (3,'///(
,PSRUWDQFH                        +LJK 0U0LQHU

%\OHWWHUGDWHG-XO\ $JHQF\ZLGH'RFXPHQWV$FFHVVDQG0DQDJHPHQW6\VWHP $'$06 $FFHVVLRQ
1R0/$ (QWHUJ\1XFOHDU2SHUDWLRQV,QFUHTXHVWHGDQH[HPSWLRQIURPVSHFLILFHPHUJHQF\
SODQQLQJUHTXLUHPHQWVRI7LWOHRIWKHCode of Federal Regulations &)5 3DUWIRUWKH3LOJULP1XFOHDU
3RZHU6WDWLRQ 3136 EDVHGRQWKHSURSRVHGSHUPDQHQWFHVVDWLRQRISRZHURSHUDWLRQVDQGUHPRYDORIIXHO
IURPWKHUHDFWRUYHVVHOZKLFKLVH[SHFWHGQRODWHUWKDQ-XQH7KHH[HPSWLRQUHTXHVWKDVEHHQ
UHYLHZHGDJDLQVWWKHUHTXLUHPHQWVLQ&)5&#xb3;(PHUJHQF\SODQV'DQG$SSHQGL[(WR&)53DUW
&#xb3;(PHUJHQF\3ODQQLQJDQG3UHSDUHGQHVVIRU3URGXFWLRQDQG8WLOL]DWLRQ)DFLOLWLHV'XVLQJWKHJXLGDQFHSURYLGHG
LQ,QWHULP6WDII*XLGDQFH ,6* 16,5'35,6*&#xb3;(PHUJHQF\3ODQQLQJ([HPSWLRQUHTXHVWVIRU
'HFRPPLVVLRQLQJ1XFOHDU3RZHU3ODQWV' $'$06$FFHVVLRQ1R0/$ 7KHUHYLHZFRQVLGHUHGWKH
VWRUDJHRIWKHVSHQWQXFOHDUIXHOLQWKHVSHQWIXHOSRRO 6)3 DQGWKHRQVLWHLQGHSHQGHQWVSHQWIXHOVWRUDJH
LQVWDOODWLRQDQGWKHORZOLNHOLKRRGRIDQ\FUHGLEOHDFFLGHQWUHVXOWLQJLQUDGLRORJLFDOUHOHDVHVUHTXLULQJRIIVLWH
SURWHFWLYHPHDVXUHV

%DVHGRQWKH861XFOHDU5HJXODWRU\&RPPLVVLRQ 15& VWDII VLQLWLDOUHYLHZRI3136&#xb6;V(3H[HPSWLRQ
UHTXHVWWKHIROORZLQJUHTXHVWIRUDGGLWLRQDOLQIRUPDWLRQ 5$, LVUHTXLUHGWRIDFLOLWDWHFRPSOHWLRQRIWKHVWDII V
WHFKQLFDOUHYLHZ

7KHHQFORVXUHWRWKLVHPDLOSURYLGHVWKH5$,2Q2FWREHUWKHGUDIW5$,TXHVWLRQVZHUHVHQWWR\RXWR
HQVXUHWKDWWKH\ZHUHXQGHUVWDQGDEOHWKHUHJXODWRU\EDVHVIRUWKHTXHVWLRQVZHUHFOHDUDQGWRGHWHUPLQHLI
WKHLQIRUPDWLRQZDVSUHYLRXVO\GRFNHWHG2Q1RYHPEHU\RXVWDWHGWKDWDFODULI\LQJWHOHFRQIHUHQFH
ZDVQRWQHHGHGDQGWKDW(QWHUJ\ZRXOGUHVSRQGWRWKH5$,ZLWKLQGD\VRIWKHGDWHRIWKLVHPDLO

,I\RXKDYHDQ\TXHVWLRQVSOHDVHFRQWDFWPHDWRUYLDHPDLODW-RKQ/DPE#QUFJRY

6LQFHUHO\


-RKQ*/DPE6HQLRU3URMHFW0DQDJHU
6SHFLDO3URMHFWVDQG3URFHVV%UDQFK
'LYLVLRQRI2SHUDWLQJ5HDFWRU/LFHQVLQJ
2IILFHRI1XFOHDU5HDFWRU5HJXODWLRQ

'RFNHW1R

(QFORVXUH
5HTXHVWIRU$GGLWLRQDO,QIRUPDWLRQ




5$,
                                                            
 


5(48(67)25$'',7,21$/,1)250$7,21
                                                            
(;(037,21)5207+(5(48,5(0(1762)&)5
                                                            
                                      $1'$33(1',;(72&)53$57
                                                            
(17(5*<18&/($523(5$7,216,1&
                                                            
3,/*5,018&/($532:(567$7,21
                                                            
                                                            
%\OHWWHUGDWHG-XO\ $JHQF\ZLGH'RFXPHQWV$FFHVVDQG0DQDJHPHQW6\VWHP $'$06 $FFHVVLRQ
1R0/$ (QWHUJ\1XFOHDU2SHUDWLRQV,QFUHTXHVWHGDQH[HPSWLRQIURPVSHFLILFHPHUJHQF\
SODQQLQJUHTXLUHPHQWVRI7LWOHRIWKHCode of Federal Regulations &)5 3DUWIRUWKH3LOJULP1XFOHDU
3RZHU6WDWLRQ 3136 EDVHGRQWKHSURSRVHGSHUPDQHQWFHVVDWLRQRISRZHURSHUDWLRQVDQGUHPRYDORIIXHO
IURPWKHUHDFWRUYHVVHOZKLFKLVH[SHFWHGQRODWHUWKDQ-XQH7KHH[HPSWLRQUHTXHVWKDVEHHQ
UHYLHZHGDJDLQVWWKHUHTXLUHPHQWVLQ&)5&#xb3;(PHUJHQF\SODQV'DQG$SSHQGL[(WR&)53DUW
&#xb3;(PHUJHQF\3ODQQLQJDQG3UHSDUHGQHVVIRU3URGXFWLRQDQG8WLOL]DWLRQ)DFLOLWLHV'XVLQJWKHJXLGDQFHSURYLGHG
LQ,QWHULP6WDII*XLGDQFH ,6* 16,5'35,6*&#xb3;(PHUJHQF\3ODQQLQJ([HPSWLRQUHTXHVWVIRU
'HFRPPLVVLRQLQJ1XFOHDU3RZHU3ODQWV' $'$06$FFHVVLRQ1R0/$ 7KHUHYLHZFRQVLGHUHGWKH
VWRUDJHRIWKHVSHQWQXFOHDUIXHOLQWKHVSHQWIXHOSRRO 6)3 DQGWKHRQVLWHLQGHSHQGHQWVSHQWIXHOVWRUDJH
LQVWDOODWLRQDQGWKHORZOLNHOLKRRGRIDQ\FUHGLEOHDFFLGHQWUHVXOWLQJLQUDGLRORJLFDOUHOHDVHVUHTXLULQJRIIVLWH
SURWHFWLYHPHDVXUHV

%DVHGRQWKH15&VWDII VLQLWLDOUHYLHZRI3136&#xb6;V(3H[HPSWLRQUHTXHVWWKHIROORZLQJUHTXHVWIRUDGGLWLRQDO
LQIRUPDWLRQ 5$, LVUHTXLUHGWRIDFLOLWDWHFRPSOHWLRQRIWKHVWDII VWHFKQLFDOUHYLHZ

1556&3%

$SSOLFDEOH5HJXODWLRQDQG*XLGDQFH
7KHFXUUHQW&)5UHJXODWRU\UHTXLUHPHQWVIRUHPHUJHQF\SODQQLQJGHYHORSHGIRURSHUDWLQJUHDFWRUV
HQVXUHSURWHFWLRQRIWKHKHDOWKDQGVDIHW\RIWKHSXEOLF+RZHYHURQFHDSRZHUSODQWLVSHUPDQHQWO\VKXWGRZQ
DQGGHIXHOHGVRPHRIWKHVHUHTXLUHPHQWVH[FHHGZKDWLVQHFHVVDU\WRSURWHFWWKHKHDOWKDQGVDIHW\RIWKH
SXEOLF7KHUHIRUHSXUVXDQWWR&)5&#xb3;6SHFLILF([HPSWLRQV'(QWHUJ\1XFOHDU2SHUDWLRQV (12 
UHTXHVWHGH[HPSWLRQVIURPFHUWDLQHPHUJHQF\SODQQLQJUHJXODWLRQVLQ&)5DQG&)53DUW
$SSHQGL[(IRUWKH3LOJULP1XFOHDU3RZHU6WDWLRQ 3136 

*XLGDQFHIRUWKHVWDIIUHYLHZRI(PHUJHQF\3ODQ([HPSWLRQ5HTXHVWVFDQEHIRXQGLQ,QWHULP6WDII*XLGDQFH
  ,6* 16,5'35,6*&#xb3;(PHUJHQF\3ODQQLQJ([HPSWLRQ5HTXHVWVIRU'HFRPPLVVLRQLQJ1XFOHDU3RZHU
3ODQWV'7KLVJXLGDQFHQRWHVWKDWWKHSURYLVLRQVRI&)5SHUPLWWKH15&WRJUDQWH[HPSWLRQVIURPWKH
UHTXLUHPHQWVRI&)53DUWUHJXODWLRQVLQFLUFXPVWDQFHVZKHUHWKHDSSOLFDWLRQRIWKHUHJXODWLRQLVQRW
QHFHVVDU\WRDFKLHYHWKHXQGHUO\LQJSXUSRVHRIWKHUXOH7KHVWDIIFRQFOXGHGWKDWDPLQLPXPRIKRXUV
ZRXOGSURYLGHDGHTXDWHWLPHWRLQLWLDWHPLWLJDWLYHDFWLRQVWRFRROWKHIXHORULIQHHGHGIRURIIVLWHDXWKRULWLHVWR
LPSOHPHQWSURWHFWLYHDFWLRQVXVLQJDFRPSUHKHQVLYHHPHUJHQF\PDQDJHPHQWSODQ &(03 DSSURDFK7KXVD
IRUPDORIIVLWHUDGLRORJLFDOHPHUJHQF\SODQZRXOGQRWEHQHFHVVDU\IRUSHUPDQHQWO\VKXWGRZQDQGGHIXHOHG
QXFOHDUSRZHUUHDFWRUOLFHQVHHVZKHQDWOHDVWKRXUVZRXOGEHQHFHVVDU\IRUWKHIXHOWRKHDWXSWRWKH
FODGGLQJLJQLWLRQWHPSHUDWXUHIROORZLQJDFRPSOHWHORVVRIFRRODQW

,VVXH
$WWDFKPHQWRI(QWHUJ\&#xb6;VVXEPLWWDOFRQWDLQVWKH$GLDEDWLF+HDWXS$QDO\VLVIRU'UDLQHG6SHQW)XHO3RRO,QWKH
DWWDFKPHQW7DEOH&#xb3;)XHO%XQGOH,QSXWVIRU*1))XHO'OLVWVWKHJHRPHWU\LQSXWVIRUWKH*1)IXHOEXQGOHV
HYDOXDWHGLQWKHDQDO\VLV7KHPDVVRIWKHXSSHUDQGORZHUSOHQXPVDQGOEPVUHVSHFWLYHO\DUH
OLVWHG7KHVHYDOXHVDUHWKHQDGGHGWRWKHFDOFXODWHGPDVVRI]LUFDOR\ZKLFKDUHXVHGWRFDOFXODWHWKHWRWDO
KHDWFDSDFLW\RIWKHIXHODVVHPEO\7KLVKHDWFDSDFLW\ZDVXVHGWRGHPRQVWUDWHWKDWDKRXUKHDWXSWLPHWR
                                                          
 
WKHLJQLWLRQWHPSHUDWXUH & ZRXOGEHDYDLODEOHZLWKDPRQWKGHFD\WLPHDVVXPLQJWKHIXHODVVHPEO\
KHDWVXQLIRUPO\

5HTXHVWIRU$GGLWLRQDO,QIRUPDWLRQ
%DVHGRQWKHFRQVWUXFWLRQRID*1)IXHODVVHPEO\GHVFULEHKRZWKHKHDWXSUDWHVRIWKHSOHQXPVZRXOGEH
WKHVDPHDVWKHUHVWRIWKHIXHODVVHPEO\6SHFLILFDOO\GHVFULEHKRZWKHKHDWRULJLQDWLQJLQWKHIXHOJHWVWRWKH
XSSHUDQGORZHUSOHQXPVXQGHUWKHDVVXPHGDGLDEDWLFFRQGLWLRQV ZKHQWHPSHUDWXUHVZLWKLQWKHIXHOEXQGOH
DUHDVVXPHGWRPDLQWDLQXQLIRUPLW\ 


                                                        
 


+HDULQJ,GHQWLILHU  155B'036 
(PDLO1XPEHU            

0DLO(QYHORSH3URSHUWLHV   -RKQ/DPE#QUFJRY  

6XEMHFW             5$,3LOJULP(3([HPSWLRQ (3,'  ///(  
6HQW'DWH            $0 
5HFHLYHG'DWH         $0 
)URP               /DPE-RKQ

&UHDWHG%\            -RKQ/DPE#QUFJRY

5HFLSLHQWV            
%\UQH5REHUW0UE\UQH#HQWHUJ\FRP! 
7UDFNLQJ6WDWXV1RQH 
&RXWXUH,,,3KLOLSSFRXWXU#HQWHUJ\FRP! 
7UDFNLQJ6WDWXV1RQH 
+DOWHU0DQG\PKDOWHU#HQWHUJ\FRP! 
7UDFNLQJ6WDWXV1RQH 
3RZHUV0LFKDHO-PSRZHU#HQWHUJ\FRP! 
7UDFNLQJ6WDWXV1RQH 
0LQHU3HWHUSPLQHU#HQWHUJ\FRP! 
7UDFNLQJ6WDWXV1RQH

3RVW2IILFH          

)LOHV                        6L]H                'DWH 7LPH 
0(66$*(                                       $0 

2SWLRQV 
3ULRULW\                    +LJK  
5HWXUQ1RWLILFDWLRQ           1R  
5HSO\5HTXHVWHG               1R  
6HQVLWLYLW\                 1RUPDO 
([SLUDWLRQ'DWH              
5HFLSLHQWV5HFHLYHG            
}}

Latest revision as of 02:11, 2 December 2019

NRR E-mail Capture - (External_Sender) RAI EP 11.06.18-Question
ML18317A219
Person / Time
Site: Pilgrim
Issue date: 11/08/2018
From: Lampert M
Pilgrim Watch, Town of Duxbury, MA
To: John Lamb
Special Projects and Process Branch
References
Download: ML18317A219 (7)


Text

NRR-DMPSPEm Resource From: Mary Lampert <mary.lampert@comcast.net>

Sent: Thursday, November 8, 2018 10:45 AM To: Lamb, John

Subject:

[External_Sender] RAI EP 11.06.18-Question Attachments: RAI aircraft fuel considered in calculations heatup 11.08.18.pdf; RAI 11.06.18 ML18310A021.pdf Hello John:

Pilgrim Watch and the Town of Duxbury Nuclear Advisory Committee have two questions regarding the RAI discussed in the attachment.

We look forward to your timely response.

Enjoy the day.

Mary 1

Hearing Identifier: NRR_DMPS Email Number: 661 Mail Envelope Properties (011501d47779$fcb0f270$f612d750$)

Subject:

[External_Sender] RAI EP 11.06.18-Question Sent Date: 11/8/2018 10:44:50 AM Received Date: 11/8/2018 10:45:05 AM From: Mary Lampert Created By: mary.lampert@comcast.net Recipients:

"Lamb, John" <John.Lamb@nrc.gov>

Tracking Status: None Post Office: comcast.net Files Size Date & Time MESSAGE 217 11/8/2018 10:45:05 AM RAI aircraft fuel considered in calculations heatup 11.08.18.pdf 72584 RAI 11.06.18 ML18310A021.pdf 155593 Options Priority: Standard Return Notification: No Reply Requested: No Sensitivity: Normal Expiration Date:

Recipients Received:

TO: John Lamb DATE: November 8, 2018

SUBJECT:

RAI - Pilgrim EP Exemption [ML18310A021]

Mr. Lamb:

The RAI says that:

Issue Attachment 2 of Entergys submittal contains the Adiabatic Heatup Analysis for Drained Spent Fuel Pool. In the attachment, Table 2 Fuel Bundle Inputs for GNF2 Fuel lists the geometry inputs for the GNF2 fuel bundles evaluated in the analysis.

The mass of the upper and lower plenums, 13.217 and 14.612 lbms respectively, are listed. These values are then added to the calculated mass of zircaloy-2, which are used to calculate the total heat capacity of the fuel assembly. This heat capacity was used to demonstrate that a 10 hour1.157407e-4 days <br />0.00278 hours <br />1.653439e-5 weeks <br />3.805e-6 months <br /> heat up time to the ignition temperature (900°C) would be available with a 10-month decay time, assuming the fuel assembly heats uniformly.

Request for Additional Information Based on the construction of a GNF2 fuel assembly, describe how the heat up rates of the plenums would be the same as the rest of the fuel assembly. Specifically, describe how the heat originating in the fuel gets to the upper and lower plenums under the assumed adiabatic conditions (when temperatures within the fuel bundle are assumed to maintain uniformity).

Pilgrim Watch and the Town of Duxbury Nuclear Advisory Committee have two questions:

1. Was the threat of terrorism considered in the calculations?
2. Was the potential of an aircraft fuel fire considered in the calculations?

If either of these was not considered, for each we want to know on what basis and for what reasons the NRC considered that it was acceptable to ignore it. The terrorism threat is not going to go away, and any scenario involving an aircraft attack must consider aircraft fuel.

If either of these was considered, please tell us which, and provide all specific information, data and calculations provided by Entergy, and NRCs assessment of the accuracy of that data and information.

Thank you and we look forward to a timely response.

Mary & Jim Lampert Pilgrim Watch/Town of Duxbury Nuclear Advisory Committee 148 Washington Street, Duxbury MA 02332 Tel. 781.934.0389/Email mary.lampert@comcast.net

155'0363(P5HVRXUFH

)URP /DPE-RKQ 6HQW 7XHVGD\1RYHPEHU$0 7R 0LQHU3HWHU

&F  %\UQH5REHUW0&RXWXUH,,,3KLOLS+DOWHU0DQG\3RZHUV0LFKDHO-

6XEMHFW 5$,3LOJULP(3([HPSWLRQ (3,'///(

,PSRUWDQFH +LJK 0U0LQHU



%\OHWWHUGDWHG-XO\ $JHQF\ZLGH'RFXPHQWV$FFHVVDQG0DQDJHPHQW6\VWHP $'$06 $FFHVVLRQ

1R0/$ (QWHUJ\1XFOHDU2SHUDWLRQV,QFUHTXHVWHGDQH[HPSWLRQIURPVSHFLILFHPHUJHQF\

SODQQLQJUHTXLUHPHQWVRI7LWOHRIWKHCode of Federal Regulations &)5 3DUWIRUWKH3LOJULP1XFOHDU

3RZHU6WDWLRQ 3136 EDVHGRQWKHSURSRVHGSHUPDQHQWFHVVDWLRQRISRZHURSHUDWLRQVDQGUHPRYDORIIXHO

IURPWKHUHDFWRUYHVVHOZKLFKLVH[SHFWHGQRODWHUWKDQ-XQH7KHH[HPSWLRQUHTXHVWKDVEHHQ

UHYLHZHGDJDLQVWWKHUHTXLUHPHQWVLQ&)5³(PHUJHQF\SODQV'DQG$SSHQGL[(WR&)53DUW

³(PHUJHQF\3ODQQLQJDQG3UHSDUHGQHVVIRU3URGXFWLRQDQG8WLOL]DWLRQ)DFLOLWLHV'XVLQJWKHJXLGDQFHSURYLGHG

LQ,QWHULP6WDII*XLGDQFH ,6* 16,5'35,6*³(PHUJHQF\3ODQQLQJ([HPSWLRQUHTXHVWVIRU

'HFRPPLVVLRQLQJ1XFOHDU3RZHU3ODQWV' $'$06$FFHVVLRQ1R0/$ 7KHUHYLHZFRQVLGHUHGWKH

VWRUDJHRIWKHVSHQWQXFOHDUIXHOLQWKHVSHQWIXHOSRRO 6)3 DQGWKHRQVLWHLQGHSHQGHQWVSHQWIXHOVWRUDJH

LQVWDOODWLRQDQGWKHORZOLNHOLKRRGRIDQ\FUHGLEOHDFFLGHQWUHVXOWLQJLQUDGLRORJLFDOUHOHDVHVUHTXLULQJRIIVLWH

SURWHFWLYHPHDVXUHV



%DVHGRQWKH861XFOHDU5HJXODWRU\&RPPLVVLRQ 15& VWDII VLQLWLDOUHYLHZRI3136¶V(3H[HPSWLRQ

UHTXHVWWKHIROORZLQJUHTXHVWIRUDGGLWLRQDOLQIRUPDWLRQ 5$, LVUHTXLUHGWRIDFLOLWDWHFRPSOHWLRQRIWKHVWDII V

WHFKQLFDOUHYLHZ



7KHHQFORVXUHWRWKLVHPDLOSURYLGHVWKH5$,2Q2FWREHUWKHGUDIW5$,TXHVWLRQVZHUHVHQWWR\RXWR

HQVXUHWKDWWKH\ZHUHXQGHUVWDQGDEOHWKHUHJXODWRU\EDVHVIRUWKHTXHVWLRQVZHUHFOHDUDQGWRGHWHUPLQHLI

WKHLQIRUPDWLRQZDVSUHYLRXVO\GRFNHWHG2Q1RYHPEHU\RXVWDWHGWKDWDFODULI\LQJWHOHFRQIHUHQFH

ZDVQRWQHHGHGDQGWKDW(QWHUJ\ZRXOGUHVSRQGWRWKH5$,ZLWKLQGD\VRIWKHGDWHRIWKLVHPDLO



,I\RXKDYHDQ\TXHVWLRQVSOHDVHFRQWDFWPHDWRUYLDHPDLODW-RKQ/DPE#QUFJRY



6LQFHUHO\





-RKQ*/DPE6HQLRU3URMHFW0DQDJHU

6SHFLDO3URMHFWVDQG3URFHVV%UDQFK

'LYLVLRQRI2SHUDWLQJ5HDFWRU/LFHQVLQJ

2IILFHRI1XFOHDU5HDFWRU5HJXODWLRQ



'RFNHW1R



(QFORVXUH

5HTXHVWIRU$GGLWLRQDO,QIRUPDWLRQ









5$,







5(48(67)25$,7,21$/,1)250$7,21



(;(037,21)5207+(5(48,5(0(1762)&)5



$1'$33(1',;(72&)53$57



(17(5*<18&/($523(5$7,216,1&



3,/*5,018&/($532:(567$7,21





%\OHWWHUGDWHG-XO\ $JHQF\ZLGH'RFXPHQWV$FFHVVDQG0DQDJHPHQW6\VWHP $'$06 $FFHVVLRQ

1R0/$ (QWHUJ\1XFOHDU2SHUDWLRQV,QFUHTXHVWHGDQH[HPSWLRQIURPVSHFLILFHPHUJHQF\

SODQQLQJUHTXLUHPHQWVRI7LWOHRIWKHCode of Federal Regulations &)5 3DUWIRUWKH3LOJULP1XFOHDU

3RZHU6WDWLRQ 3136 EDVHGRQWKHSURSRVHGSHUPDQHQWFHVVDWLRQRISRZHURSHUDWLRQVDQGUHPRYDORIIXHO

IURPWKHUHDFWRUYHVVHOZKLFKLVH[SHFWHGQRODWHUWKDQ-XQH7KHH[HPSWLRQUHTXHVWKDVEHHQ

UHYLHZHGDJDLQVWWKHUHTXLUHPHQWVLQ&)5³(PHUJHQF\SODQV'DQG$SSHQGL[(WR&)53DUW

³(PHUJHQF\3ODQQLQJDQG3UHSDUHGQHVVIRU3URGXFWLRQDQG8WLOL]DWLRQ)DFLOLWLHV'XVLQJWKHJXLGDQFHSURYLGHG

LQ,QWHULP6WDII*XLGDQFH ,6* 16,5'35,6*³(PHUJHQF\3ODQQLQJ([HPSWLRQUHTXHVWVIRU

'HFRPPLVVLRQLQJ1XFOHDU3RZHU3ODQWV' $'$06$FFHVVLRQ1R0/$ 7KHUHYLHZFRQVLGHUHGWKH

VWRUDJHRIWKHVSHQWQXFOHDUIXHOLQWKHVSHQWIXHOSRRO 6)3 DQGWKHRQVLWHLQGHSHQGHQWVSHQWIXHOVWRUDJH

LQVWDOODWLRQDQGWKHORZOLNHOLKRRGRIDQ\FUHGLEOHDFFLGHQWUHVXOWLQJLQUDGLRORJLFDOUHOHDVHVUHTXLULQJRIIVLWH

SURWHFWLYHPHDVXUHV



%DVHGRQWKH15&VWDII VLQLWLDOUHYLHZRI3136¶V(3H[HPSWLRQUHTXHVWWKHIROORZLQJUHTXHVWIRUDGGLWLRQDO

LQIRUPDWLRQ 5$, LVUHTXLUHGWRIDFLOLWDWHFRPSOHWLRQRIWKHVWDII VWHFKQLFDOUHYLHZ



1556&3%



$SSOLFDEOH5HJXODWLRQDQG*XLGDQFH

7KHFXUUHQW&)5UHJXODWRU\UHTXLUHPHQWVIRUHPHUJHQF\SODQQLQJGHYHORSHGIRURSHUDWLQJUHDFWRUV

HQVXUHSURWHFWLRQRIWKHKHDOWKDQGVDIHW\RIWKHSXEOLF+RZHYHURQFHDSRZHUSODQWLVSHUPDQHQWO\VKXWGRZQ

DQGGHIXHOHGVRPHRIWKHVHUHTXLUHPHQWVH[FHHGZKDWLVQHFHVVDU\WRSURWHFWWKHKHDOWKDQGVDIHW\RIWKH

SXEOLF7KHUHIRUHSXUVXDQWWR&)5³6SHFLILF([HPSWLRQV'(QWHUJ\1XFOHDU2SHUDWLRQV (12 

UHTXHVWHGH[HPSWLRQVIURPFHUWDLQHPHUJHQF\SODQQLQJUHJXODWLRQVLQ&)5DQG&)53DUW

$SSHQGL[(IRUWKH3LOJULP1XFOHDU3RZHU6WDWLRQ 3136 



  • XLGDQFHIRUWKHVWDIIUHYLHZRI(PHUJHQF\3ODQ([HPSWLRQ5HTXHVWVFDQEHIRXQGLQ,QWHULP6WDII*XLGDQFH

,6* 16,5'35,6*³(PHUJHQF\3ODQQLQJ([HPSWLRQ5HTXHVWVIRU'HFRPPLVVLRQLQJ1XFOHDU3RZHU

3ODQWV'7KLVJXLGDQFHQRWHVWKDWWKHSURYLVLRQVRI&)5SHUPLWWKH15&WRJUDQWH[HPSWLRQVIURPWKH

UHTXLUHPHQWVRI&)53DUWUHJXODWLRQVLQFLUFXPVWDQFHVZKHUHWKHDSSOLFDWLRQRIWKHUHJXODWLRQLVQRW

QHFHVVDU\WRDFKLHYHWKHXQGHUO\LQJSXUSRVHRIWKHUXOH7KHVWDIIFRQFOXGHGWKDWDPLQLPXPRIKRXUV

ZRXOGSURYLGHDGHTXDWHWLPHWRLQLWLDWHPLWLJDWLYHDFWLRQVWRFRROWKHIXHORULIQHHGHGIRURIIVLWHDXWKRULWLHVWR

LPSOHPHQWSURWHFWLYHDFWLRQVXVLQJDFRPSUHKHQVLYHHPHUJHQF\PDQDJHPHQWSODQ &(03 DSSURDFK7KXVD

IRUPDORIIVLWHUDGLRORJLFDOHPHUJHQF\SODQZRXOGQRWEHQHFHVVDU\IRUSHUPDQHQWO\VKXWGRZQDQGGHIXHOHG

QXFOHDUSRZHUUHDFWRUOLFHQVHHVZKHQDWOHDVWKRXUVZRXOGEHQHFHVVDU\IRUWKHIXHOWRKHDWXSWRWKH

FODGGLQJLJQLWLRQWHPSHUDWXUHIROORZLQJDFRPSOHWHORVVRIFRRODQW



,VVXH

$WWDFKPHQWRI(QWHUJ\¶VVXEPLWWDOFRQWDLQVWKH$GLDEDWLF+HDWXS$QDO\VLVIRU'UDLQHG6SHQW)XHO3RRO,QWKH

DWWDFKPHQW7DEOH³)XHO%XQGOH,QSXWVIRU*1))XHO'OLVWVWKHJHRPHWU\LQSXWVIRUWKH*1)IXHOEXQGOHV

HYDOXDWHGLQWKHDQDO\VLV7KHPDVVRIWKHXSSHUDQGORZHUSOHQXPVDQGOEPVUHVSHFWLYHO\DUH

OLVWHG7KHVHYDOXHVDUHWKHQDGGHGWRWKHFDOFXODWHGPDVVRI]LUFDOR\ZKLFKDUHXVHGWRFDOFXODWHWKHWRWDO

KHDWFDSDFLW\RIWKHIXHODVVHPEO\7KLVKHDWFDSDFLW\ZDVXVHGWRGHPRQVWUDWHWKDWDKRXUKHDWXSWLPHWR



WKHLJQLWLRQWHPSHUDWXUH & ZRXOGEHDYDLODEOHZLWKDPRQWKGHFD\WLPHDVVXPLQJWKHIXHODVVHPEO\

KHDWVXQLIRUPO\



5HTXHVWIRU$GGLWLRQDO,QIRUPDWLRQ

%DVHGRQWKHFRQVWUXFWLRQRID*1)IXHODVVHPEO\GHVFULEHKRZWKHKHDWXSUDWHVRIWKHSOHQXPVZRXOGEH

WKHVDPHDVWKHUHVWRIWKHIXHODVVHPEO\6SHFLILFDOO\GHVFULEHKRZWKHKHDWRULJLQDWLQJLQWKHIXHOJHWVWRWKH

XSSHUDQGORZHUSOHQXPVXQGHUWKHDVVXPHGDGLDEDWLFFRQGLWLRQV ZKHQWHPSHUDWXUHVZLWKLQWKHIXHOEXQGOH

DUHDVVXPHGWRPDLQWDLQXQLIRUPLW\ 











+HDULQJ,GHQWLILHU  155B'036 

(PDLO1XPEHU   



0DLO(QYHORSH3URSHUWLHV   -RKQ/DPE#QUFJRY  



6XEMHFW   5$,3LOJULP(3([HPSWLRQ (3,'  ///(  

6HQW'DWH   $0 

5HFHLYHG'DWH  $0 

)URP   /DPE-RKQ



&UHDWHG%\   -RKQ/DPE#QUFJRY



5HFLSLHQWV   

%\UQH5REHUW0UE\UQH#HQWHUJ\FRP! 

7UDFNLQJ6WDWXV1RQH 

&RXWXUH,,,3KLOLSSFRXWXU#HQWHUJ\FRP! 

7UDFNLQJ6WDWXV1RQH 

+DOWHU0DQG\PKDOWHU#HQWHUJ\FRP! 

7UDFNLQJ6WDWXV1RQH 

3RZHUV0LFKDHO-PSRZHU#HQWHUJ\FRP! 

7UDFNLQJ6WDWXV1RQH 

0LQHU3HWHUSPLQHU#HQWHUJ\FRP! 

7UDFNLQJ6WDWXV1RQH



3RVW2IILFH   



)LOHV     6L]H      'DWH 7LPH 

0(66$*(          $0 



2SWLRQV 

3ULRULW\     +LJK  

5HWXUQ1RWLILFDWLRQ    1R  

5HSO\5HTXHVWHG    1R  

6HQVLWLYLW\     1RUPDO 

([SLUDWLRQ'DWH    

5HFLSLHQWV5HFHLYHG