ML21190A014: Difference between revisions

From kanterella
Jump to navigation Jump to search
(StriderTol Bot change)
(StriderTol Bot change)
Line 12: Line 12:
| document type = E-Mail
| document type = E-Mail
| page count = 37
| page count = 37
| project =
| stage = Draft Approval
}}
}}



Revision as of 00:18, 4 October 2021

NRR E-mail Capture - Draft White Paper Associated with Advanced Reactor Content of Application Project Titled, Guidance for Performing the Review of a Technology-Inclusive Advanced Reactor Application Review Roadmap
ML21190A014
Person / Time
Issue date: 07/08/2021
From: Joseph Sebrosky
NRC/NRR/DANU
To: Afzali A, Draffin C, Nichol M
Nuclear Energy Institute, Southern Company Services, US Dept of Energy, Office of Nuclear Energy
References
Download: ML21190A014 (37)


Text

&Ž ^Ž:Ž

^ d:WD

dŽ E/,K>D

 ^ŽE:<:ŽWdŽ<

dŽ,EZZEhhZWŽEZZEhhZd

Žh^d'E<ŽŽŽ

ŽDŽ^D^EZZ^

DŽDd

^ tWŽZŽŽŽŽ

WŽ'ŽWŽZŽdŽŽ/

ZŽŽZZŽ

 d/WZŽ'Z'ŽŽ



$PLU$I]DOL

6RXWKHUQ&RPSDQ\6HUYLFHV

/LFHQVLQJDQG3ROLF\'LUHFWRU+/-1H[W*HQHUDWLRQ5HDFWRUV

0DUF1LFKRO

6U'LUHFWRU1HZ5HDFWRUV

1XFOHDU(QHUJ\,QVWLWXWH

&\ULO'UDIILQ

6HQLRU)HOORZ$GYDQFHG1XFOHDU

8QLWHG6WDWHV1XFOHDU,QGXVWU\&RXQFLO



7KHSXUSRVHRIWKLVHPDLOLVWRWUDQVPLWWR\RXWKHGUDIWZKLWHSDSHUDVVRFLDWHGZLWKWKH

7HFKQRORJ\,QFOXVLYH&RQWHQWRI$SSOLFDWLRQ3URMHFW 7,&$3 WLWOHG³*XLGDQFHIRUD7HFKQRORJ\

,QFOXVLYH&RQWHQWRI$SSOLFDWLRQ0HWKRGRORJ\WR,QIRUPWKH/LFHQVLQJ%DVLVDQG&RQWHQWRI

$SSOLFDWLRQVIRU/LFHQVHV&HUWLILFDWLRQVDQG$SSURYDOVIRU$GYDQFHG5HDFWRUV'



7KHVWDIILVUHEDVHOLQLQJLWV$GYDQFHG5HDFWRU&RQWHQWRI$SSOLFDWLRQ3URMHFW $5&$3 DQG

7,&$3GUDIWJXLGDQFHGRFXPHQWVLQ-XO\RI7KHGDIWJXLGDQFHDVVRFLDWHGZLWKWKH

DWWDFKHG7,&$3UHJXODWRU\JXLGH 5* ZDVSUHYLRXVO\PDGHSXEOLFO\DYDLODEOHRQ0D\

VHHKWWSVZZZQUFJRYGRFV0/0/$SGI 7KHGUDIW7,&$35*KDVEHHQ

UHLVVXHGWRXSGDWHUHIHUHQFHVLQWKHGRFXPHQW

7KLVHPDLO LQFOXGLQJWKHDWWDFKPHQW ZLOOEHPDGHSXEOLFO\DYDLODEOHLQ$'$06VXFKWKDWWKH

GRFXPHQWVFDQEHUHIHUHQFHGLQ7DEOHRIWKH$5&$37,&$3SXEOLFZHESDJH VHH

KWWSVZZZQUFJRYUHDFWRUVQHZUHDFWRUVDGYDQFHGGHWDLOVKWPODGY5[&RQWHQW$SS3URM 



3OHDVHOHWPHNQRZLI\RXKDYHDQ\TXHVWLRQV



6LQFHUHO\



-RH6HEURVN\

6HQLRU3URMHFW0DQDJHU

$GYDQFHG5HDFWRU3ROLF\%UDQFK

2IILFHRI1XFOHDU5HDFWRU5HJXODWLRQ









+HDULQJ,GHQWLILHU  155B'50$ 

(PDLO1XPEHU   



0DLO(QYHORSH3URSHUWLHV   3+350%$'$$)'$)  



6XEMHFW   'UDIW:KLWH3DSHU$VVRFLDWHGZLWK$GYDQFHG5HDFWRU&RQWHQWRI$SSOLFDWLRQ

3URMHFWWLWOHG*XLGDQFHIRU3HUIRUPLQJWKH5HYLHZRID7HFKQRORJ\,QFOXVLYH$GYDQFHG5HDFWRU 

$SSOLFDWLRQ5HYLHZ5RDGPDS'   

6HQW'DWH   30 

5HFHLYHG'DWH  30 

)URP   6HEURVN\-RVHSK



&UHDWHG%\   -RVHSK6HEURVN\#QUFJRY



5HFLSLHQWV   

6DQILOLSSR1DWKDQ1DWKDQ6DQILOLSSR#QUFJRY! 

7UDFNLQJ6WDWXV1RQH 

-LP&.LQVH\-UMLPNLQVH\#LQOJRY! 

7UDFNLQJ6WDWXV1RQH 

&KULVWRSKHU3&KZDV]&KULVWRSKHU&KZDV]#LQOJRY! 

7UDFNLQJ6WDWXV1RQH 

 7RP.LQJ WKRPDVNLQJ#JPDLOFRP! 

7UDFNLQJ6WDWXV1RQH 

7KRPDV+LFNVKLFNVWH#HDUWKOLQNQHW! 

7UDFNLQJ6WDWXV1RQH 

$867*(1.DWLNUD#QHLRUJ! 

7UDFNLQJ6WDWXV1RQH 

VWHYHQHVELW#OPQWFRQVXOWLQJFRPVWHYHQHVELW#OPQWFRQVXOWLQJFRP! 

7UDFNLQJ6WDWXV1RQH 

&KLVKROP%UDQGRQ0LFKDHO%0&+,6+2#6287+(51&2&20! 

7UDFNLQJ6WDWXV1RQH 

'RULW\'D\QD'D\QD'RULW\#QUFJRY! 

7UDFNLQJ6WDWXV1RQH 

6WXW]NH0DUWLQ0DUWLQ6WXW]NH#QUFJRY! 

7UDFNLQJ6WDWXV1RQH 

6PLWK155%ULDQ%ULDQ6PLWK#QUFJRY! 

7UDFNLQJ6WDWXV1RQH 

6KDPV0RKDPHG0RKDPHG6KDPV#QUFJRY! 

7UDFNLQJ6WDWXV1RQH 

0LFKDHO7VFKLOW]PGW#QHLRUJ! 

7UDFNLQJ6WDWXV1RQH 

  • 5283155B'$18B8$53'LVWULEXWLRQ  

 3URVDQWD&KRZGKXU\#QUFJRY! 

 7UDFNLQJ6WDWXV1RQH 

 $UORQ&RVWD#QUFJRY! 

 7UDFNLQJ6WDWXV1RQH 

 $P\&XEEDJH#QUFJRY! 

 7UDFNLQJ6WDWXV1RQH 

 -RUGDQ+RHOOPDQ#QUFJRY! 

 7UDFNLQJ6WDWXV1RQH 

 'DZQPDWKHZV.DODWKLYHHWWLO#QUFJRY! 

 7UDFNLQJ6WDWXV1RQH 

 0DU\DP.KDQ#QUFJRY! 

 7UDFNLQJ6WDWXV1RQH 

 0DUJDUHW2 %DQLRQ#QUFJRY! 

 7UDFNLQJ6WDWXV1RQH 

 (ULF2HVWHUOH#QUFJRY! 

 7UDFNLQJ6WDWXV1RQH 

 6WHSKHQ3KLOSRWW#QUFJRY! 

 7UDFNLQJ6WDWXV1RQH 

 :LOOLDP5HFNOH\#QUFJRY! 

 7UDFNLQJ6WDWXV1RQH 

 (OL]DEHWK5HHG#QUFJRY! 

 7UDFNLQJ6WDWXV1RQH 

 -RVHSK6HEURVN\#QUFJRY! 

 7UDFNLQJ6WDWXV1RQH 

 -RKQ6HJDOD#QUFJRY! 

 7UDFNLQJ6WDWXV1RQH 

 -XDQ8ULEH#QUFJRY! 

 7UDFNLQJ6WDWXV1RQH 

 1DQHWWH9DOOLHUH#QUFJRY! 

 7UDFNLQJ6WDWXV1RQH 

 

  • 5283155B'$18B8$57'LVWULEXWLRQ  

 &KULVWRSKHU$GDPV#QUFJRY! 

 7UDFNLQJ6WDWXV1RQH 

 0DUJDUHW$XGUDLQ#QUFJRY! 

 7UDFNLQJ6WDWXV1RQH 

 $QWRQLR%DUUHWW#QUFJRY! 

 7UDFNLQJ6WDWXV1RQH 

 $OH[DQGHU&KHUHVNLQ#QUFJRY! 

 7UDFNLQJ6WDWXV1RQH 

 7LPRWK\'U]HZLHFNL#QUFJRY! 

 7UDFNLQJ6WDWXV1RQH 

 0LFKHOOH+DUW#QUFJRY! 

 7UDFNLQJ6WDWXV1RQH 

 0LFKHOOH+D\HV#QUFJRY! 

 7UDFNLQJ6WDWXV1RQH 

 ,DQ-XQJ#QUFJRY! 

 7UDFNLQJ6WDWXV1RQH 

 7LPRWK\/XSROG#QUFJRY! 

 7UDFNLQJ6WDWXV1RQH 

 ,PWLD]0DGQL#QUFJRY! 

 7UDFNLQJ6WDWXV1RQH 

 0LFKDHO2UHQDN#QUFJRY! 

 7UDFNLQJ6WDWXV1RQH 

 +DQK3KDQ#QUFJRY! 

 7UDFNLQJ6WDWXV1RQH 

 -DVRQ6FKDSHURZ#QUFJRY! 

 7UDFNLQJ6WDWXV1RQH 

 -HIIUH\6FKPLGW#QUFJRY! 

 7UDFNLQJ6WDWXV1RQH 

 DOH[DQGUDVLZ\#QUFJRY! 

 7UDFNLQJ6WDWXV1RQH 

 ]HHVWKLODLUH#QUFJRY! 

 7UDFNLQJ6WDWXV1RQH 

 %R\FH7UDYLV#QUFJRY! 

 7UDFNLQJ6WDWXV1RQH 

 &KULVWRSKHU9DQ:HUW#QUFJRY! 

 7UDFNLQJ6WDWXV1RQH 

 

$I]DOL$PLU$$)=$/,#VRXWKHUQFRFRP! 

7UDFNLQJ6WDWXV1RQH 

1,&+2/0DUFXVPUQ#QHLRUJ! 

7UDFNLQJ6WDWXV1RQH 

&\ULO'UDIILQF\ULOGUDIILQ#XVQLFRUJ! 

7UDFNLQJ6WDWXV1RQH



3RVW2IILFH   3+350%QDPSUGSURGRXWORRNFRP 



)LOHV     6L]H      'DWH 7LPH 

0(66$*(          30 

7,&$3'UDIW5HJXODWRU\*XLGH'5*MXO\YHUVLRQGRF[     



2SWLRQV 

3ULRULW\     1RUPDO  

5HWXUQ1RWLILFDWLRQ    1R  

5HSO\5HTXHVWHG    1R  

6HQVLWLYLW\     1RUPDO 

([SLUDWLRQ'DWH    



8618&/($55(*8/$725<&200,66,21

'5$)75(*8/$725<*8,'('*(((( 

Proposed new Regulatory Guide 

,VVXH'DWH(([

7HFKQLFDO/HDGV-RVHSK6HEURVN\

-XDQ8ULEH





 7KLVGUDIWVWDIIZKLWHSDSHUKDVEHHQSUHSDUHGDQGLVEHLQJUHOHDVHGWRVXSSRUWRQJRLQJ

 SXEOLFGLVFXVVLRQV7KLVGUDIWZKLWHSDSHUXVHV5HJXODWRU\*XLGHIRUPDWEHFDXVHWKH

VWDIILVFRQVLGHULQJXVLQJWKLVIRUPDWWRSURYLGHJXLGDQFHLQWKHQHDUIXWXUHWRVXSSRUWWKH

 UHYLHZRIDGYDQFHGUHDFWRUDSSOLFDWLRQV7KLVGUDIWZKLWHSDSHULVEHLQJLVVXHGLQSDUDOOHO

 ZLWKWKH15&VWDII¶VUHYLHZRIGUDIWLQGXVWU\JXLGDQFH7KHPDLQSXUSRVHRIWKLV

GRFXPHQWDWWKLVHDUO\VWDJHRIDGYDQFHGUHDFWRUJXLGDQFHGHYHORSPHQWLVWRHQJDJH

VWDNHKROGHUVRQWKHVWDII¶VLQLWLDOKLJKOHYHOFRQVLGHUDWLRQVRQLVVXHVWREHFRQVLGHUHGLQ

VXFKJXLGDQFH

7KLVSDSHUKDVQRWEHHQVXEMHFWWR15&PDQDJHPHQWDQGOHJDOUHYLHZVDQGDSSURYDOV

DQGLWVFRQWHQWVDUHVXEMHFWWRFKDQJHDQGVKRXOGQRWEHLQWHUSUHWHGDVRIILFLDODJHQF\

SRVLWLRQV

  • 8,'$1&()25$7(&+12/2*<,1&/86,9(

&217(172)$33/,&$7,210(7+2'2/2*<72,1)250

7+(/,&(16,1*%$6,6$1'&217(172)$33/,&$7,216

)25/,&(16(6&(57,),&$7,216$1'$33529$/6)25

$'9$1&('5($&7256

'UDIW-XO\9HUVLRQ



$,1752'8&7,21



3XUSRVH



7KLVUHJXODWRU\JXLGH 5* SURYLGHVWKH861XFOHDU5HJXODWRU\&RPPLVVLRQ 15& VWDII¶V

JXLGDQFHRQXVLQJDWHFKQRORJ\LQFOXVLYHFRQWHQWRIDSSOLFDWLRQPHWKRGRORJ\WRLQIRUPVSHFLILFSRUWLRQV

RIWKHVDIHW\DQDO\VLVUHSRUW 6$5 LQFOXGHGDVSDUWRIDQDGYDQFHGUHDFWRUOLFHQVHDSSOLFDWLRQ

6SHFLILFDOO\WKLV5*HQGRUVHVWKHPHWKRGRORJ\GHVFULEHGLQ1XFOHDU(QHUJ\,QVWLWXWH 1(, ((

³;<=' 5HI[ DVRQHDFFHSWDEOHSURFHVVIRUXVHZKHQGHYHORSLQJSRUWLRQVRIDQDSSOLFDWLRQIRUDQ

7KLVUHJXODWRU\JXLGHLVEHLQJLVVXHGLQGUDIWIRUPWRLQYROYHWKHSXEOLFLQWKHHDUO\VWDJHVRIWKHGHYHORSPHQWRIDUHJXODWRU\SRVLWLRQLQWKLV

DUHD,WKDVQRWUHFHLYHGILQDOVWDIIUHYLHZRUDSSURYDODQGGRHVQRWUHSUHVHQWDQRIILFLDO15&ILQDOVWDIISRVLWLRQ3XEOLFFRPPHQWVDUHEHLQJ

VROLFLWHGRQWKLVGUDIWJXLGH LQFOXGLQJDQ\LPSOHPHQWDWLRQVFKHGXOH DQGLWVDVVRFLDWHGUHJXODWRU\DQDO\VLVRUYDOXHLPSDFWVWDWHPHQW&RPPHQWV

VKRXOGEHDFFRPSDQLHGE\DSSURSULDWHVXSSRUWLQJGDWD:ULWWHQFRPPHQWVPD\EHVXEPLWWHGWKURXJKWKHJRYHUQPHQWZLGH:HEVLWH

KWWSZZZUHJXODWLRQVJRY$OWHUQDWLYHO\ZULWWHQFRPPHQWVE\EHVXEPLWWHGWRWKH5XOHV$QQRXQFHPHQWVDQG'LUHFWLYHV%UDQFK2IILFHRI

$GPLQLVWUDWLRQ861XFOHDU5HJXODWRU\&RPPLVVLRQ:DVKLQJWRQ'&RUID[HGWR  &RSLHVRIFRPPHQWVUHFHLYHG

PD\EHH[DPLQHGDWWKH15&¶V3XEOLF'RFXPHQW5RRP5RFNYLOOH3LNH5RFNYLOOH0'&RPPHQWVZLOOEHPRVWKHOSIXOLIUHFHLYHGE\

>LQVHUWGDWH+/-GD\VIURPLVVXDQFH@



(OHFWURQLFFRSLHVRIWKLV'*SUHYLRXVYHUVLRQVRI'*VDQGRWKHUUHFHQWO\LVVXHGJXLGHVDUHDYDLODEOHWKURXJKWKH15&¶VSXEOLF:HEVLWHXQGHU

WKH5HJXODWRU\*XLGHVGRFXPHQWFROOHFWLRQRIWKH15&/LEUDU\DWKWWSVQUFZHEQUFJRYUHDGLQJUPGRFFROOHFWLRQVUHJJXLGHV7KH'*LVDOVR

DYDLODEOHWKURXJKWKH15&¶V$JHQF\ZLGH'RFXPHQWV$FFHVVDQG0DQDJHPHQW6\VWHP $'$06 DWKWWSZZZQUFJRYUHDGLQJUPDGDPVKWPO

XQGHU$FFHVVLRQ1R0/[\]7KHUHJXODWRU\DQDO\VLVPD\EHIRXQGLQ$'$06XQGHU$FFHVVLRQ1R0/[\]



DGYDQFHGUHDFWRUFRQVWUXFWLRQSHUPLWRSHUDWLQJOLFHQVHFRPELQHGOLFHQVHPDQXIDFWXULQJOLFHQVH

VWDQGDUGGHVLJQDSSURYDO 6'$ RUGHVLJQFHUWLILFDWLRQXQGHU7LWOHRIWKHCode of Federal Regulations

&)5 3DUW³'RPHVWLF/LFHQVLQJRI3URGXFWLRQDQG8WLOL]DWLRQ)DFLOLWLHV' 5HI[ DQG&)5

3DUW³/LFHQVHV&HUWLILFDWLRQVDQG$SSURYDOVIRU1XFOHDU3RZHU3ODQWV' 5HI[ ,WLVDQWLFLSDWHGWKDW

WKLVJXLGDQFHZLOOEHXSGDWHGWRXVHIRUUHYLHZVRIDGYDQFHGQXFOHDUUHDFWRUOLFHQVHDQGSHUPLW

DSSOLFDWLRQVVXEPLWWHGXQGHU&)53DUW³/LFHQVLQJDQG5HJXODWLRQRI$GYDQFHG1XFOHDU5HDFWRUV'

RQFHWKDWUHJXODWLRQLVILQDO



1(,((GHVFULEHVDQDSSURDFKWRGHYHORSWKHVFRSHDQGFRQWHQWRIDQDSSOLFDWLRQE\LPSOHPHQWLQJWKH

OLFHQVLQJPRGHUQL]DWLRQSURMHFW /03 PHWKRGRORJ\GHVFULEHGLQ1(,5HYLVLRQ³5LVN,QIRUPHG

3HUIRUPDQFH%DVHG*XLGDQFHIRU1RQ/LJKW:DWHU5HDFWRU/LFHQVLQJ%DVLV'HYHORSPHQW' 5HI[ DV

HQGRUVHGE\WKH15&LQ5*³*XLGDQFHIRUD7HFKQRORJ\,QFOXVLYH5LVN,QIRUPHGDQG

3HUIRUPDQFH%DVHG0HWKRGRORJ\WR,QIRUPWKH/LFHQVLQJ%DVLVDQG&RQWHQWRI$SSOLFDWLRQV)RU

/LFHQVHV&HUWLILFDWLRQVDQG$SSURYDOVIRU1RQ/LJKW:DWHU5HDFWRUV' 5HI[ 7KHPHWKRGRORJ\LQ1(,

SURYLGHVDV\VWHPDWLFULVNLQIRUPHGDQGWHFKQRORJ\QHXWUDOSURFHVVIRUGHYHORSLQJNH\LQSXWVLQWR

WKHFRQWHQWRIDSSOLFDWLRQVWRLPSURYHXQGHUVWDQGLQJRIWKHVDIHW\DQGULVNVLJQLILFDQFHRIV\VWHPGHVLJQV

DQGWKHLUUHODWLRQVKLSWRVDIHW\HYDOXDWLRQVIRUDYDULHW\RIQRQOLJKWZDWHUUHDFWRU /:5 GHVLJQV(YHQ

WKRXJKWKHJXLGDQFHGHVFULEHGLQ1(,LVLQWHQGHGIRUQRQ/:5VWKH15&VWDIIEHOLHYHVWKDWWKH

FRQWHQWDQGPHWKRGRORJ\GHVFULEHGLVDOVRDQDFFHSWDEOHDSSURDFKWRGHYHORSDQDSSOLFDWLRQIRUWKHRWKHU

FDWHJRULHVRIDGYDQFHGUHDFWRUV

,QWKLV5*WKHWHUP³DGYDQFHGUHDFWRU'LVXVHGLQWKHFRQWH[WRIWKH1XFOHDU(QHUJ\,QQRYDWLRQDQG

0RGHUQL]DWLRQ$FW 1(,0$ 1(,0$LQFOXGHGDGHILQLWLRQIRU³DGYDQFHGQXFOHDUUHDFWRU'WKDW

ZDVIXUWKHUUHILQHGE\WKH(QHUJ\$FWRI7KHGHILQLWLRQRIDGYDQFHGQXFOHDUUHDFWRUIRXQGLQWKH

(QHUJ\$FWRILQFOXGHV



 $'9$1&('18&/($55($&725²7KHWHUPµDGYDQFHGQXFOHDUUHDFWRU¶PHDQV²

$ DQXFOHDUILVVLRQUHDFWRULQFOXGLQJDSURWRW\SH

SODQW DVGHILQHGLQVHFWLRQVDQGRIWLWOH

&RGHRI)HGHUDO5HJXODWLRQV RUVXFFHVVRUUHJXODWLRQV 

ZLWKVLJQLILFDQWLPSURYHPHQWVFRPSDUHGWRUHDFWRUVRSHUDWLQJRQWKHGDWHRIHQDFWPHQWRIWKH

(QHUJ\$FWRILQFOXGLQJLPSURYHPHQWVVXFKDV²

L DGGLWLRQDOLQKHUHQWVDIHW\IHDWXUHV

LL ORZHUZDVWH\LHOGV

LLL LPSURYHGIXHODQGPDWHULDOSHUIRUPDQFH

LY LQFUHDVHGWROHUDQFHWRORVVRIIXHOFRROLQJ

Y HQKDQFHGUHOLDELOLW\RULPSURYHGUHVLOLHQFH

YL LQFUHDVHGSUROLIHUDWLRQUHVLVWDQFH

YLL LQFUHDVHGWKHUPDOHIILFLHQF\

YLLL UHGXFHGFRQVXPSWLRQRIFRROLQJZDWHUDQGRWKHUHQYLURQPHQWDOLPSDFWV

L[ WKHDELOLW\WRLQWHJUDWHLQWRHOHFWULFDSSOLFDWLRQVDQGQRQHOHFWULFDSSOLFDWLRQV

[ PRGXODUVL]HVWRDOORZIRUGHSOR\PHQWWKDWFRUUHVSRQGVZLWKWKHGHPDQGIRUHOHFWULFLW\

RUSURFHVVKHDWDQG

[L RSHUDWLRQDOIOH[LELOLW\WRUHVSRQGWRFKDQJHVLQGHPDQGIRUHOHFWULFLW\RU

SURFHVVKHDWDQGWRFRPSOHPHQWLQWHJUDWLRQZLWKLQWHUPLWWHQWUHQHZDEOHHQHUJ\RU

HQHUJ\VWRUDJHDQG

% DIXVLRQUHDFWRU



,Q6(&<³5XOHPDNLQJ3ODQ2Q³5LVN,QIRUPHG7HFKQRORJ\,QFOXVLYH5HJXODWRU\)UDPHZRUN

IRU$GYDQFHG5HDFWRUV 5LQ$N1UF ' 5HI[ WKHVWDIIIXUWKHUFODULILHGLWV

'*((((3DJH

LQWHUSUHWDWLRQRIWKHDGYDQFHGUHDFWRUVGHVFULEHGLQ1(,0$WRLQFOXGH/:5VPDOOPRGXODUUHDFWRUV

605V QRQ/:5VDQGIXVLRQUHDFWRUGHVLJQV

$OWKRXJKWKHWHFKQRORJ\LQFOXVLYHPHWKRGRORJ\GHVFULEHGLQ1(,((SURYLGHVDFRPPRQDSSURDFKWR

LGHQWLI\LQJDQGGHVFULELQJWKHVFRSHDQGOHYHORIGHWDLOIRUWKHIXQGDPHQWDOVDIHW\IXQFWLRQVRIDGHVLJQ

7KHDSSOLFDQWRUWKHOLFHQVHHLVVWLOOUHVSRQVLEOHIRUGHPRQVWUDWLQJFRPSOLDQFHZLWKDOODSSOLFDEOH

UHJXODWLRQVDQGPD\UHTXHVWH[HPSWLRQVDVDSSURSULDWH7KHVWDIILVVXHGDZKLWHSDSHUWRSURYLGH

JXLGDQFHRQZKLFKUHJXODWLRQVDUHDSSOLFDEOHWRQRQ/:5VLQ6HSWHPEHURIWLWOHG³$QDO\VLVRI

$SSOLFDELOLW\RI15&5HJXODWLRQVIRU1RQ/LJKW:DWHU5HDFWRUV' 5HI0/$ 7KHVWDII

VXSSOHPHQWHGWKLVZKLWHSDSHULQDGRFXPHQWGDWHG)HEUXDU\ 5HI0/$ 7KH6HSWHPEHU

ZKLWHSDSHUDVVXSSOHPHQWHGE\WKH)HEUXDU\GRFXPHQWGHVFULEHZKLFKUHJXODWLRQVDUH

JHQHUDOO\DSSOLFDEOHWRQRQ/:5DSSOLFDWLRQVIRUFRQVWUXFWLRQSHUPLWVDQGRSHUDWLQJOLFHQVHVXQGHU

&)53DUWDQGVWDQGDUGGHVLJQFHUWLILFDWLRQVFRPELQHGOLFHQVHVDQGVWDQGDUGGHVLJQDSSURYDOVXQGHU

&)53DUW7KHVWDIILVLQWKHSURFHVVRIUHYLVLQJWKHDSSOLFDELOLW\RIUHJXODWLRQVZKLWHSDSHU7KH

VWDIILQWHQGVWRLQFOXGHWKHFRQWHQWRIWKLVZKLWHSDSHUDV$SSHQGL['WKH$5&$3URDGPDS,6*

,QDGGLWLRQWKHVWDIIQRWHVWKDWWKHDSSOLFDELOLW\RIVSHFLILFWHFKQLFDOUHTXLUHPHQWVLQ15&UHJXODWLRQVRU

WKHQHHGWRGHILQHDGGLWLRQDOWHFKQLFDOUHTXLUHPHQWVIRUDSDUWLFXODUGHVLJQDULVLQJIURPWKHVDIHW\

DVVHVVPHQWVZLOOEHPDGHRQDFDVHE\FDVHEDVLVIRUDGYDQFHGUHDFWRUV



$SSOLFDELOLW\



7KLV5*DSSOLHVWRQXFOHDUSRZHUUHDFWRUGHVLJQHUVDSSOLFDQWVDQGOLFHQVHHVRIDGYDQFHG

UHDFWRUV QRQ/:5DQG605GHVLJQV DSSO\LQJIRUSHUPLWVOLFHQVHVFHUWLILFDWLRQVDQGDSSURYDOVXQGHU

7LWOHRIWKHCode of Federal Regulations &)5 3DUW³'RPHVWLF/LFHQVLQJRI3URGXFWLRQDQG

8WLOL]DWLRQ)DFLOLWLHV' 5HI[ DQG&)53DUW³/LFHQVHV&HUWLILFDWLRQVDQG$SSURYDOVIRU1XFOHDU

3RZHU3ODQWV' 5HI[ ,WLVHQYLVLRQHGWKDWWKHUHYLHZDSSURDFKGHVFULEHGLQWKLV5*ZLOODOVRVXSSRUW

WKHWHFKQRORJ\LQFOXVLYHULVNLQIRUPHGDQGSHUIRUPDQFHEDVHGDSSOLFDWLRQFRQWHQWDQGOHYHORIGHWDLO

H[SHFWHGLQDIXWXUHDSSOLFDWLRQVXEPLWWHGXQGHUWKHSURSRVHG7LWOHRIWKH&RGHRI)HGHUDO5HJXODWLRQV

&)5 3DUW³/LFHQVLQJDQG5HJXODWLRQRI$GYDQFHG1XFOHDU5HDFWRUV'ZKLFKLVFXUUHQWO\EHLQJ

GHYHORSHG



$SSOLFDEOH5HJXODWLRQV



  •  &)53DUWSURYLGHVUHJXODWLRQVIRUOLFHQVLQJSURGXFWLRQDQGXWLOL]DWLRQIDFLOLWLHV



o &)5³&RQWHQWVRIDSSOLFDWLRQVWHFKQLFDOLQIRUPDWLRQ'GHVFULEHVWKHPLQLPXP

LQIRUPDWLRQUHTXLUHGIRU D SUHOLPLQDU\VDIHW\DQDO\VLVUHSRUWVVXSSRUWLQJDSSOLFDWLRQV

IRUDFRQVWUXFWLRQSHUPLWDQG E ILQDOVDIHW\DQDO\VLVUHSRUWVVXSSRUWLQJDSSOLFDWLRQVIRU

RSHUDWLQJOLFHQVHV



  •  &)53DUWJRYHUQVWKHLVVXDQFHRIHDUO\VLWHSHUPLWVVWDQGDUGGHVLJQFHUWLILFDWLRQV '&V 

FRPELQHGOLFHQVHV &2/V VWDQGDUGGHVLJQDSSURYDOV 6'$V DQGPDQXIDFWXULQJOLFHQVHV 0/V 

IRUQXFOHDUSRZHUIDFLOLWLHV



o &)5³&RQWHQWVRIDSSOLFDWLRQVWHFKQLFDOLQIRUPDWLRQ'GHVFULEHVWKH

LQIRUPDWLRQWREHLQFOXGHGLQILQDOVDIHW\DQDO\VLVUHSRUWVVXSSRUWLQJDSSOLFDWLRQVIRU

VWDQGDUG'&V





&HUWDLQHOHPHQWVRIWKLV5*PD\DOVREHDSSOLFDEOHWR)XVLRQUHDFWRUVDVDSSURSULDWH+RZHYHUWKHVWDIIQRWHVWKDWRSWLRQVIRU

WKHUHJXODWRU\WUHDWPHQWRIIXVLRQUHDFWRUVDUHFXUUHQWO\EHLQJFRQVLGHUHGE\WKH15&VWDIIZKLFKPD\UHVXOWLQWKHGHYHORSPHQW

RIIXVLRQVSHFLILFJXLGDQFH

'*((((3DJH



o &)5³&RQWHQWVRIDSSOLFDWLRQVWHFKQLFDOLQIRUPDWLRQLQILQDOVDIHW\DQDO\VLV

UHSRUW'GHVFULEHVWKHLQIRUPDWLRQWREHLQFOXGHGLQILQDOVDIHW\DQDO\VLVUHSRUWV

VXSSRUWLQJ&2/V



o &)5³&RQWHQWVRIDSSOLFDWLRQVWHFKQLFDOLQIRUPDWLRQ'GHVFULEHVWKH

LQIRUPDWLRQWREHLQFOXGHGLQILQDOVDIHW\DQDO\VLVUHSRUWVVXSSRUWLQJ6'$V



o &)5³&RQWHQWVRIDSSOLFDWLRQVWHFKQLFDOLQIRUPDWLRQLQILQDOVDIHW\DQDO\VLV

UHSRUW'GHVFULEHVWKHLQIRUPDWLRQWREHLQFOXGHGLQILQDOVDIHW\DQDO\VLVUHSRUWV

VXSSRUWLQJ0/V

5HODWHG*XLGDQFH&RPPXQLFDWLRQVDQG3ROLF\6WDWHPHQWV



  •  ³3ROLF\6WDWHPHQWRQWKH5HJXODWLRQRI$GYDQFHG5HDFWRUV' 9ROXPHRIWKHFederal Register

SDJH2FWREHU  5HI[ HVWDEOLVKHVWKH&RPPLVVLRQ¶VH[SHFWDWLRQVUHODWHGWR

DGYDQFHGUHDFWRUGHVLJQVWRSURWHFWWKHHQYLURQPHQWDQGSXEOLFKHDOWKDQGVDIHW\DQGSURPRWHWKH

FRPPRQGHIHQVHDQGVHFXULW\ZLWKUHVSHFWWRDGYDQFHGUHDFWRUV



  •  5*³6WDQGDUG)RUPDWDQG&RQWHQWRI6DIHW\$QDO\VLV5HSRUWVIRU1XFOHDU3RZHU3ODQWV

/:5(GLWLRQ ' 5HI[ SURYLGHVGHWDLOHGJXLGDQFHWRWKHZULWHUVRIVDIHW\DQDO\VLVUHSRUWVWR

DOORZIRUWKHVWDQGDUGL]DWLRQRILQIRUPDWLRQWKH15&UHTXLUHVIRUJUDQWLQJFRQVWUXFWLRQSHUPLWV

DQGRSHUDWLQJOLFHQVHV



  •  5*³*XLGDQFHIRU'HYHORSLQJ3ULQFLSDO'HVLJQ&ULWHULDIRU1RQ/LJKW:DWHU5HDFWRUV'

5HI[ GHVFULEHVWKH15&¶VJXLGDQFHRQKRZWKHJHQHUDOGHVLJQFULWHULDLQ&)53DUW

$SSHQGL[$³*HQHUDO'HVLJQ&ULWHULDIRU1XFOHDU3RZHU3ODQWV'7KLVJXLGDQFHPD\EHXVHGE\

QRQ/:5UHDFWRUGHVLJQHUVDSSOLFDQWVDQGOLFHQVHHVWRGHYHORSSULQFLSDOGHVLJQFULWHULDIRUDQ\

QRQ/:5GHVLJQVDVUHTXLUHGE\WKHDSSOLFDEOH15&UHJXODWLRQVIRUQXFOHDUSRZHUSODQWV7KH

5*DOVRGHVFULEHVWKH15&¶VJXLGDQFHIRUPRGLI\LQJDQGVXSSOHPHQWLQJWKHJHQHUDOGHVLJQ

FULWHULDWRGHYHORSSULQFLSDOGHVLJQFULWHULDWKDWDGGUHVVWZRW\SHVRIQRQ/:5WHFKQRORJLHV

VRGLXPFRROHGIDVWUHDFWRUVDQGPRGXODUKLJKWHPSHUDWXUHJDVFRROHGUHDFWRUV 0+7*5V 



3XUSRVHRI5HJXODWRU\*XLGHV



 7KH15&LVVXHV5*VWRGHVFULEHWRWKHSXEOLFPHWKRGVWKDWWKHVWDIIFRQVLGHUVDFFHSWDEOHIRUXVH

LQLPSOHPHQWLQJVSHFLILFSDUWVRIWKHDJHQF\¶VUHJXODWLRQVWRH[SODLQWHFKQLTXHVWKDWWKHVWDIIXVHVLQ

HYDOXDWLQJVSHFLILFSUREOHPVRUSRVWXODWHGHYHQWVDQGWRSURYLGHJXLGDQFHWRDSSOLFDQWV5HJXODWRU\

JXLGHVDUHQRWVXEVWLWXWHVIRUUHJXODWLRQVDQGFRPSOLDQFHZLWKWKHPLVQRWUHTXLUHG0HWKRGVDQG

VROXWLRQVWKDWGLIIHUIURPWKRVHVHWIRUWKLQ5*VZLOOEHGHHPHGDFFHSWDEOHLIWKH\SURYLGHDEDVLVIRUWKH

ILQGLQJVUHTXLUHGIRUWKHLVVXDQFHRUFRQWLQXDQFHRIDSHUPLWRUOLFHQVHE\WKH&RPPLVVLRQ



3DSHUZRUN5HGXFWLRQ$FW



 7KLV5*SURYLGHVYROXQWDU\JXLGDQFHIRULPSOHPHQWLQJWKHPDQGDWRU\LQIRUPDWLRQFROOHFWLRQVLQ

&)53DUWVDQGWKDWDUHVXEMHFWWRWKH3DSHUZRUN5HGXFWLRQ$FWRI 86&

HWVHT 7KHVHLQIRUPDWLRQFROOHFWLRQVZHUHDSSURYHGE\WKH2IILFHRI0DQDJHPHQWDQG%XGJHW 20% 

DSSURYDOQXPEHUVDQG6HQGFRPPHQWVUHJDUGLQJWKLVLQIRUPDWLRQFROOHFWLRQWRWKH

,QIRUPDWLRQ6HUYLFHV%UDQFK 7$0 861XFOHDU5HJXODWRU\&RPPLVVLRQ:DVKLQJWRQ

'&RUE\HPDLOWR,QIRFROOHFWV5HVRXUFH#QUFJRYDQGWRWKH20%UHYLHZHUDW20%

2IILFHRI,QIRUPDWLRQDQG5HJXODWRU\$IIDLUV DQG $WWQ'HVN2IILFHUIRUWKH

'*((((3DJH

1XFOHDU5HJXODWRU\&RPPLVVLRQWK6WUHHW1::DVKLQJWRQ'&HPDLO

RLUDBVXEPLVVLRQ#RPEHRSJRY



3XEOLF3URWHFWLRQ1RWLILFDWLRQ



 7KH15&PD\QRWFRQGXFWRUVSRQVRUDQGDSHUVRQLVQRWUHTXLUHGWRUHVSRQGWRDFROOHFWLRQRI

LQIRUPDWLRQXQOHVVWKHGRFXPHQWUHTXHVWLQJRUUHTXLULQJWKHFROOHFWLRQGLVSOD\VDFXUUHQWO\YDOLG20%

FRQWUROQXPEHU

 

'*((((3DJH

7$%/(2)&217(17



>7R&ZLOOEHXSGDWHGLQWKHILQDOVWDJHVRIWKHGRFXPHQW@

 3DJH



$,1752'8&7,21

%',6&866,21

 %DFNJURXQG

 QG/HYHO6XEKHDGLQJ

&67$))5(*8/$725<*8,'$1&(

 VW5HJXODWRU\3RVLWLRQ

 QG5HJXODWRU\3RVLWLRQ

 UG5HJXODWRU\3RVLWLRQ

',03/(0(17$7,21

  • /266$5<

5()(5(1&(6

%,%/,2*5$3+<

$33(1',;$ 7,7/(<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<$

$33(1',;% 7,7/(%

$33(1',;& 7,7/(&



 

'*((((3DJH

%',6&866,21



5HDVRQIRU,VVXDQFH



7KLV5*SURYLGHVWKH861XFOHDU5HJXODWRU\&RPPLVVLRQ 15& VWDII¶VJXLGDQFHRQXVLQJD

WHFKQRORJ\LQFOXVLYHFRQWHQWRIDSSOLFDWLRQPHWKRGRORJ\WRLQIRUPVSHFLILFSRUWLRQVRIWKHVDIHW\DQDO\VLV

UHSRUW 6$5 LQFOXGHGDVSDUWRIDQDGYDQFHGUHDFWRUOLFHQVHDSSOLFDWLRQ6SHFLILFDOO\WKLV5*HQGRUVHV

WKHPHWKRGRORJ\GHVFULEHGLQ1XFOHDU(QHUJ\,QVWLWXWH 1(, ((³;<=' 5HI[ DVRQHDFFHSWDEOH

SURFHVVIRUXVHZKHQGHYHORSLQJSRUWLRQVRIDQDSSOLFDWLRQIRUDQDGYDQFHGUHDFWRUFRQVWUXFWLRQSHUPLW

RSHUDWLQJOLFHQVHFRPELQHGOLFHQVHPDQXIDFWXULQJOLFHQVHVWDQGDUGGHVLJQDSSURYDO 6'$ RUGHVLJQ

FHUWLILFDWLRQXQGHU7LWOHRIWKH&RGHRI)HGHUDO5HJXODWLRQV &)5 3DUW³'RPHVWLF/LFHQVLQJRI

3URGXFWLRQDQG8WLOL]DWLRQ)DFLOLWLHV' 5HI[ DQG&)53DUW³/LFHQVHV&HUWLILFDWLRQVDQG

$SSURYDOVIRU1XFOHDU3RZHU3ODQWV' 5HI[ 





%DFNJURXQG



$VWKH15&SUHSDUHVWRUHYLHZDQGUHJXODWHDQHZJHQHUDWLRQRIDGYDQFHGUHDFWRUVWKHVWDIIKDV

SUHYLRXVO\UHFRJQL]HGWKHQHHGWRHVWDEOLVKDQGWKHEHQHILWVRIKDYLQJDIOH[LEOHUHJXODWRU\IUDPHZRUN

7KH15&GHVFULEHGHIIRUWVWRSUHSDUHIRUSRVVLEOHOLFHQVLQJRIQRQ/:5WHFKQRORJLHVLQ³15&9LVLRQ

DQG6WUDWHJ\6DIHO\$FKLHYLQJ(IIHFWLYHDQG(IILFLHQW1RQ/LJKW:DWHU5HDFWRU0LVVLRQ5HDGLQHVV'

5HI[ 7KHVWDIIWKHQGHYHORSHG³15&1RQ/LJKW:DWHU5HDFWRU1HDU7HUP,PSOHPHQWDWLRQ$FWLRQ

3ODQV' 5HI[ DQG³15&1RQ/LJKW:DWHU5HDFWRU0LG7HUPDQG/RQJ7HUP,PSOHPHQWDWLRQ$FWLRQ

3ODQV' 5HI[ WRLGHQWLI\VSHFLILFDFWLYLWLHVWKDWWKH15&ZLOOFRQGXFWLQWKHQHDUWHUPPLGWHUPDQG

ORQJWHUPWLPHIUDPHV6LPLODUO\WKH&RPPLVVLRQHQFRXUDJHGWKHXVHRIDSHUIRUPDQFHEDVHGWHFKQRORJ\

LQFOXVLYHOLFHQVLQJIUDPHZRUNIRU605VLQ650&20*%-&20*($³8VHRI5LVN

,QVLJKWVWR(QKDQFH6DIHW\)RFXVRI6PDOO0RGXODU5HDFWRU5HYLHZV'DQG650+/-6(&<³8VH

RI5LVN,QVLJKWVWR(QKDQFHWKH6DIHW\)RFXVRI6PDOO0RGXODU5HDFWRU5HYLHZV'



7RHQVXUHUHYLHZUHDGLQHVVDNH\HOHPHQWRIWKLVQHZDQGIOH[LEOHUHJXODWRU\IUDPHZRUNLVWRVWDQGDUGL]H

WKHGHYHORSPHQWRIFRQWHQWZLWKLQDQDGYDQFHGUHDFWRUDSSOLFDWLRQWRSURPRWHXQLIRUPLW\DPRQJ

DSSOLFDQWV$VWDQGDUGL]HGFRQWHQWRIDSSOLFDWLRQIRUDGYDQFHGUHDFWRUVDOVRHQVXUHVUHYLHZFRQVLVWHQF\

DQGSUHGLFWDELOLW\IURP15&VWDIIDQGSUHVHQWVDZHOOGHILQHGEDVHIURPZKLFKWRHYDOXDWHSURSRVHG

FKDQJHVLQWKHVFRSHDQGUHTXLUHPHQWVRIUHYLHZV7KHGHYHORSPHQWRIDSSOLFDWLRQVIRU15&OLFHQVHV

SHUPLWVFHUWLILFDWLRQVDQGDSSURYDOVLVDPDMRUXQGHUWDNLQJLQWKDWDQDSSOLFDQWPXVWSURYLGHVXIILFLHQW

LQIRUPDWLRQWRVXSSRUWWKHDJHQF\¶VVDIHW\ILQGLQJV7KHQHHGHGLQIRUPDWLRQDQGOHYHORIGHWDLOZLOOYDU\

DFFRUGLQJWRZKHWKHUDQDSSOLFDWLRQLVIRUDFRQVWUXFWLRQSHUPLWGHVLJQDSSURYDOGHVLJQFHUWLILFDWLRQ

RSHUDWLQJOLFHQVHFRPELQHGOLFHQVHRURWKHUDFWLRQ



7KH15&VWDIIKDVKDGVXFFHVVZLWKDVWDQGDUGFRQWHQWRIDSSOLFDWLRQPHWKRGRORJ\IRUODUJH/:5V7KH

15&¶VHIIRUWVWRVWDQGDUGL]HWKHIRUPDWDQGFRQWHQWRIDSSOLFDWLRQVIRU/:5VDUHUHIOHFWHGLQ5*

LVVXHGLQWKHVDQG5*LVVXHGLQDQGUHYLVHGLQ*XLGDQFHGRFXPHQWVVXFKDV

185(*DQGQXPHURXVRWKHUGRFXPHQWVRQVSHFLILFWHFKQLFDODUHDVDGGUHVVWKHVXJJHVWHGVFRSH

DQGOHYHORIGHWDLOIRUDSSOLFDWLRQV



7RVWDQGDUGL]HWKHGHYHORSPHQWRIFRQWHQWZLWKLQDQDGYDQFHGUHDFWRUDSSOLFDWLRQWKHVWDIIKDVIRFXVHG

RQWZRDFWLYLWLHV



  •  7KH$GYDQFHG5HDFWRU&RQWHQWRI$SSOLFDWLRQ3URMHFW $5&$3 DQG
  •  7KH7HFKQRORJ\,QFOXVLYH&RQWHQWRI$SSOLFDWLRQ3URMHFW 7,&$3 

'*((((3DJH

7KH$5&$3LVDQ15&OHGDFWLYLW\DQGLVLQWHQGHGWRSURYLGHJXLGDQFHIRUDFRPSOHWHDGYDQFHGUHDFWRU

DSSOLFDWLRQWKDWVXSSRUWV&)53DUW&)53DUWDQGWKHRQJRLQJ&)53DUWUXOHPDNLQJ

HIIRUW$VDUHVXOW$5&$3LVEURDGDQGHQFRPSDVVHVVHYHUDOLQGXVWU\OHGDQG15&OHGJXLGDQFH

GRFXPHQWVDLPHGDWHQVXULQJDFRQVLVWHQWDSSURDFKWRWKHGHYHORSPHQWRIHDFKDSSOLFDWLRQGRFXPHQW$

FRPSOHWHDGYDQFHGUHDFWRUDSSOLFDWLRQLVH[SHFWHGWRLQFOXGHDPRQJRWKHUWKLQJVD6$5D4XDOLW\

$VVXUDQFHSODQD)LUH3URWHFWLRQSURJUDP(PHUJHQF\DQG3K\VLFDO6HFXULW\SODQVHWF



7KH7,&$3LVDQLQGXVWU\OHGDFWLYLW\DQGLVIRFXVHGRQSURYLGLQJJXLGDQFHRQWKHDSSURSULDWHVFRSHDQG

GHSWKRILQIRUPDWLRQUHODWHGWRWKHVSHFLILFSRUWLRQVRIWKH6$5WKDWGHVFULEHWKHIXQGDPHQWDOVDIHW\

IXQFWLRQVRIWKHGHVLJQDQGGHWDLOVWKHDIILUPDWLYHVDIHW\FDVHIRUHDFKDSSOLFDQWFRQVLVWHQWZLWKWKH/03

DSSURDFK7,&$3¶VIRFXVRQWKRVHPHDVXUHVQHHGHGWRDGGUHVVULVNVSRVHGE\QRQ/:5DQG605

WHFKQRORJLHVZLOOKHOSDQDSSOLFDQWSURYLGHVXIILFLHQWLQIRUPDWLRQRQWKHGHVLJQDQGSURJUDPPDWLF

FRQWUROVZKLOHDYRLGLQJDQH[FHVVLYHOHYHORIGHWDLORQOHVVLPSRUWDQWSDUWVRIDSODQW7KHVSHFLILF

SRUWLRQVRIWKH6$5DSSOLFDEOHWRWKHVFRSHRI1(,((DUHGHVFULEHGEHORZLQPRUHGHWDLO%DVHGRQ

WKHOLPLWHGVFRSHRIWKH7,&$3JXLGDQFH7,&$3¶VVFRSHLVHQFRPSDVVHGE\DQGVXSSOHPHQWHGE\WKH

$5&$3JXLGDQFH7KH$5&$3ZLOOGHVFULEHWKHJXLGDQFHIRUWKHVSHFLILFDUHDVRIWKH6$5WKDWDUH

RXWVLGHWKHVFRSHRIWKH/03SURFHVV LHQRWFRYHUHGE\7,&$3 VXFKDVVLWHLQIRUPDWLRQDQG

LQIRUPDWLRQFRQVLVWHQWZLWKXVHRIWKH$PHULFDQ6RFLHW\RI0HFKDQLFDO(QJLQHHUV $60( 6HFWLRQ,,,

'LYLVLRQFRQVWUXFWLRQFRGHV



$VDUHVXOWRIH[WHQVLYH7,&$3$5&$3SXEOLFLQWHUDFWLRQVZLWKLQGXVWU\DQGH[WHUQDOVWDNHKROGHUVWKH

SURSRVHGGHYHORSPHQWRIWKH6$5IRUDQDGYDQFHGUHDFWRUDSSOLFDWLRQLVEDVHGRQDFKDSWHUDSSURDFK

,QFRQWUDVWWKH6$5DSSURDFKIRUODUJH/:5VGHVFULEHGLQ185(*³6WDQGDUG5HYLHZ3ODQIRUWKH

5HYLHZRI6DIHW\$QDO\VLV5HSRUWVIRU1XFOHDU3RZHU3ODQWV/:5(GLWLRQ' 5HI[ LVEDVHGRQD

FKDSWHUDSSURDFK)RUDQDGYDQFHGUHDFWRUDSSOLFDWLRQFRQVLVWHQWZLWK$5&$37,&$3DQGWKH

PHWKRGRORJ\GHVFULEHGLQWKLV5*WKHFKDSWHUVDUHDVIROORZV



  •  &KDSWHU*HQHUDO3ODQW,QIRUPDWLRQ6LWH'HVFULSWLRQDQG2YHUYLHZRIWKH6DIHW\&DVH
  •  &KDSWHU+/-0HWKRGRORJLHVDQG$QDO\VHV
  •  &KDSWHU/LFHQVLQJ%DVLV(YHQWV
  •  &KDSWHU,QWHJUDWHG(YDOXDWLRQV
  •  &KDSWHU6DIHW\)XQFWLRQV'HVLJQ&ULWHULDDQG66&&DWHJRUL]DWLRQ
  •  &KDSWHU6DIHW\5HODWHG66&&ULWHULDDQG&DSDELOLWLHV
  •  &KDSWHU1656766&&ULWHULDDQG&DSDELOLWLHV
  •  &KDSWHU3ODQW3URJUDPV
  •  &KDSWHU5RXWLQH3ODQW5DGLRDFWLYH(IIOXHQWV3ODQW&RQWDPLQDWLRQDQG6ROLG:DVWH
  •  &KDSWHU&RQWURORI2FFXSDWLRQDO'RVH
  •  &KDSWHU2UJDQL]DWLRQ
  •  &KDSWHU,QLWLDO6WDUWXS3URJUDPV



%DVHGRQWKH6$5VWUXFWXUHGHVFULEHGDERYHWKHVWDIIQRWHVWKDW7,&$3¶VVFRSHDVGHVFULEHGLQ

1(,((LVRQO\DSSOLFDEOHWRWKH/03UHODWHGSRUWLRQVFRQWDLQHGLQWKHILUVWFKDSWHUV

)LJXUHEHORZLOOXVWUDWHVWKHQH[XVEHWZHHQ$5&$37,&$3DQGRWKHUJXLGDQFHLQUHODWLRQWRDQ

DGYDQFHGUHDFWRUDSSOLFDWLRQ



3UHDSSOLFDWLRQHQJDJHPHQWLVKLJKO\HQFRXUDJHGIRUDSSOLFDQWVWKDWSODQWRXVHWKHPHWKRGRORJ\GHVFULEHGLQ1(,

((EXWUHO\RQDGLIIHUHQW6$5VWUXFWXUHWKDQWKHFKDSWHUDSSURDFKGHVFULEHGLQWKLV5*6LPLODUO\DSSOLFDQWV

QRWXVLQJWKH/03DSSURDFKGHVFULEHGLQ1(,((EXWOHYHUDJLQJWKHFKDSWHU6$5DSSURDFKVKRXOGHQJDJHWKH

15&VWDIIHDUO\WRRSWLPL]HDSSOLFDWLRQUHYLHZV2Q2FWREHUWKHVWDIILVVXHGDZKLWHSDSHUUHODWHGWRWKH

LPSRUWDQFHRISUHDSSOLFDWLRQDFWLYLWLHVFRQVLVWHQWZLWKWKH&RPPLVVLRQ¶VDGYDQFHGUHDFWRUSROLF\VWDWHPHQW UHI[ 

'*((((3DJH





)LJXUH1H[XVEHWZHHQ$5&$37,&$3DQGWKHFRQWHQWRIDQDSSOLFDWLRQ



'RFXPHQWV(QGRUVHGLQWKLV*XLGH



8SRQFRPSOHWLRQRIWKHLQGXVWU\OHG7,&$3HIIRUWVWKHUHVXOWVRIWKHSURMHFWZHUHGRFXPHQWHGDV

JXLGDQFHLQ1(,((DQGVXEPLWWHGWR15&IRUUHYLHZDQGHQGRUVHPHQW$VDUHVXOWWKHSXUSRVHRI

WKLV5*LVWZRIROG



 7RHQGRUVHFHUWDLQVHFWLRQVRI1(,((ZKLFKGHVFULEHRQHDFFHSWDEOHDSSURDFKIRU

GHWHUPLQLQJWKHVFRSHDQGOHYHORIGHWDLOIRUWKHGHYHORSPHQWRIVWUXFWXUHGDSSOLFDWLRQ

FRQWHQWDVVRFLDWHGZLWKWKHILUVWFKDSWHUVRIWKH6$57KHPHWKRGRORJ\LQ1(,((

IROORZVWKH/03JXLGDQFHDQGV\VWHPDWLFDOO\GHVFULEHVWKHVHOHFWLRQRIOLFHQVLQJEDVLV

HYHQWV /%(V FODVVLILFDWLRQDQGVSHFLDOWUHDWPHQWVRIVWUXFWXUHVV\VWHPVDQG

FRPSRQHQWV 66&V WKHDVVHVVPHQWRIGHIHQVHLQGHSWK ',' IHDWXUHVDQGVXSSRUWLQJ

LQIRUPDWLRQ:KHQDSSOLFDEOHWKLV5*ZLOODOVRGHVFULEHDQ\DGGLWLRQDOFODULILFDWLRQV

H[FHSWLRQVSRLQWVRIHPSKDVLVDQGRUIXUWKHUGHWDLOVUHOHYDQWWRWKHVSHFLILFVHFWLRQV

GLVFXVVHGLQ1(,((DQGHQGRUVHGE\WKLV5*



 7RGHVFULEHDGGLWLRQDOLQIRUPDWLRQRXWVLGHWKHVFRSHRI/03DQG1(,((WKDW15&

VWDIIKDVGHWHUPLQHGLVDOVRUHOHYDQWDQGZRXOGH[SHFWWREHLQFOXGHGDVSDUWRIWKH

DSSOLFDWLRQFRQWHQWUHODWHGWRWKHILUVWFKDSWHUV



%DVHGRQWKHDERYHWKLV5*HQGRUVHV6HFWLRQV^[\DQG]`RI1(,((DVRQHDFFHSWDEOHSURFHVVIRU

XVHZKHQGHYHORSLQJFRQWHQWIRUSRUWLRQVRIWKH15&OLFHQVHDSSOLFDWLRQ6$5IRUQRQ/:5DQG605

GHVLJQVLQDPDQQHUFRQVLVWHQWZLWK5*³*XLGDQFHIRUD7HFKQRORJ\,QFOXVLYH5LVN,QIRUPHG

DQG3HUIRUPDQFH%DVHG0HWKRGRORJ\WR,QIRUPWKH/LFHQVLQJ%DVLVDQG&RQWHQWRI$SSOLFDWLRQV)RU

'*((((3DJH

/LFHQVHV&HUWLILFDWLRQVDQG$SSURYDOVIRU1RQ/LJKW:DWHU5HDFWRUV'$GGLWLRQDOGHWDLOVIRUHDFK

FKDSWHUZLOOEHGHVFULEHGLQWKHLUFRUUHVSRQGLQJVHFWLRQ



7KH15&HQGRUVHPHQWRIWKHDIRUHPHQWLRQHGVHFWLRQVGRHVQRWLPSO\WKH15&¶VHQGRUVHPHQWRIWKH

UHIHUHQFHVFLWHGLQWKHHQGRUVHGVHFWLRQVRI1(,((RUWRUHIHUHQFHVLQWKHHQGRUVHGVHFWLRQVRI1(,

((WRRWKHU XQHQGRUVHG VHFWLRQVRI1(,((7KH15&KDVQRWQHFHVVDULO\UHYLHZHGDQGDSSURYHG

WKHJXLGDQFHSURYLGHGLQWKHVHUHIHUHQFHVH[FHSWZKHUHVSHFLILFDOO\QRWHGLQWKLVUHJXODWRU\JXLGH



,QVXPPDU\WKHJXLGDQFHLQ1(,;;LVIRFXVHGRQGHYHORSLQJWKHSRUWLRQVRIWKH6$5FRQWDLQLQJ

PDWHULDODGGUHVVHGLQ1(,DQGLWZLOOKHOSHQVXUHFRPSOHWHQHVVRILQIRUPDWLRQVXEPLWWHGWR15&

ZKLOHDYRLGLQJXQQHFHVVDU\EXUGHQRQWKHDSSOLFDQWDQGULJKWVL]LQJWKHFRQWHQWRIDSSOLFDWLRQ

FRPPHQVXUDWHZLWKWKHFRPSOH[LW\RIWKHGHVLJQEHLQJUHYLHZHG7KLVJXLGDQFHSURYLGHVDVWDQGDUGL]HG

FRQWHQWGHYHORSPHQWSURFHVVGHVLJQHGWRIDFLOLWDWHHIILFLHQWSUHSDUDWLRQE\WKHDSSOLFDQWUHYLHZE\WKH

UHJXODWRUDQGPDLQWHQDQFHE\WKHOLFHQVHH7KHFRQWHQWIRUPXODWLRQVKRXOGRSWLPL]HWKHW\SHDQGOHYHORI

GHWDLORILQIRUPDWLRQSURYLGHGEDVHGRQWKHFRPSOH[LW\RIWKHGHVLJQ¶VVDIHW\FDVHDQGWKHQH[XVEHWZHHQ

HOHPHQWVRIWKHGHVLJQDQGSXEOLFKHDOWKDQGVDIHW\



+DUPRQL]DWLRQZLWK,QWHUQDWLRQDO6WDQGDUGV



$VGHVFULEHGLQWKH,$($,QWHJUDWHG5HJXODWRU\5HYLHZ6HUYLFH ,556 PLVVLRQUHSRUWWKH15&

KDVDJUHHGWRUHYLHZLQWHUQDWLRQDOVWDQGDUGVDQGZKHQSUDFWLFDOKDUPRQL]H15&UHJXODWLRQVDQGJXLGHV

ZLWKWKHDSSURSULDWHLQWHUQDWLRQDOVWDQGDUGV'XULQJWKHGHYHORSPHQWRIWKLV5*WKH15&VWDIIGLGQRW

LGHQWLI\DQ\LQWHUQDWLRQDOVWDQGDUGVUHODWHGWRWKLVJXLGH

 

&67$))5(*8/$725<*8,'$1&(



7KHJXLGDQFHRQWKH6$5FRQWHQWVFRSHDQGOHYHORIGHWDLOGHVFULEHGLQWKLV5*LVEDVHGRQWKH

DSSURSULDWHOHYHORIGHVLJQVSHFLILFLQIRUPDWLRQWKDWVKRXOGEHSURYLGHGLQDQDSSOLFDWLRQWRWKH15&WR

GHPRQVWUDWHWKDWWKHGHVLJQ¶VVDIHW\FDVHPHHWVWKHUHJXODWRU\VWDQGDUGVIRUDGHTXDWHSURWHFWLRQRISXEOLF

KHDOWKDQGVDIHW\7RDFFRPPRGDWHDQHIIHFWLYHDQGHIILFLHQWWHFKQRORJ\LQFOXVLYHFRQWHQWJXLGDQFHZKLOH

HQVXULQJWKHXQGHUO\LQJLQWHQWRIWKHFXUUHQWFRQWHQWUHTXLUHPHQWVLVPHWWKLVJXLGDQFHLVIRUPXODWHGWR

GHVFULEHDQ/03EDVHGDIILUPDWLYHVDIHW\FDVH3UHDSSOLFDWLRQHQJDJHPHQWEHWZHHQDSSOLFDQWVDQGWKH

15&LVKLJKO\HQFRXUDJHGWRRSWLPL]HUHVRXUFHVDQGUHYLHZVFKHGXOHHVSHFLDOO\IRUQRQ/03EDVHG

DSSOLFDWLRQV



7KHIROORZLQJVHFWLRQVGHVFULEHWKH15&¶VHQGRUVHPHQW ZLWKFODULILFDWLRQVRUH[FHSWLRQVZKHQ

DSSOLFDEOH RIWKHFRUUHVSRQGLQJVHFWLRQVGHVFULEHGLQJXLGDQFHGRFXPHQW1(,((,QJHQHUDO1(,

((LVVWUXFWXUHGWRSUHVHQWWKHRYHUDOOVDIHW\FDVHILUVWDQGWKHQSURYLGHWKHVSHFLILFVXSSRUWLQJGHVLJQDQG

RSHUDWLQJGHWDLOVLQVXEVHTXHQWFKDSWHUV7KHVWDIIQRWHVWKDWWKHPHWKRGVDSSURDFKHVRUGDWDGHVFULEHG

LQWKHUHJXODWRU\SRVLWLRQ V GLVFXVVHGEHORZDUHQRWUHTXLUHPHQWV



 *HQHUDO3ODQWDQG6LWH'HVFULSWLRQ$QG2YHUYLHZRI7KH6DIHW\&DVH



7KHLQIRUPDWLRQLQWKLVFKDSWHUVKRXOGDOORZWKHUHYLHZHUWRREWDLQDEDVLFXQGHUVWDQGLQJRIWKHRYHUDOO

IDFLOLW\VXFKDVWKHW\SHRISHUPLWOLFHQVHFHUWLILFDWLRQRUDSSURYDOUHTXHVWHGWKHQXPEHURISODQWXQLWV

DEULHIGHVFULSWLRQRIWKHSURSRVHGSODQWORFDWLRQDQGWKHW\SHRIDGYDQFHGUHDFWRUEHLQJSURSRVHG7KH

VLWHGHVFULSWLRQVKRXOGSURYLGHDQRYHUYLHZRIWKHDFWXDOSK\VLFDOHQYLURQPHQWDODQGGHPRJUDSKLF

IHDWXUHVRIDVLWHDQGKRZWKH\UHODWHWRWKHDIILUPDWLYHVDIHW\FDVH([DPSOHVRILQIRUPDWLRQUHODWHGWR

VLWHGHVFULSWLRQLQFOXGHJHRORJLFDODQGGHPRJUDSKLFVHLVPRORJLFDOK\GURORJLFDODQGPHWHRURORJLFDO

FKDUDFWHULVWLFVRIWKHVLWHDQGWKHVXUURXQGLQJYLFLQLW\

'*((((3DJH



&KDSWHURI1(,((5HY[ VSHFLILFDOO\6HFWLRQVWR SURYLGHVDQDFFHSWDEOHPHWKRGIRU

OLFHQVHHVWRIROORZDQGGHYHORSEDVHOLQHLQIRUPDWLRQUHODWHGWRWKHSODQWGHVFULSWLRQVLWHGHVFULSWLRQWKH

DIILUPDWLYHVDIHW\FDVHEDVHGRQWKH/03PHWKRGRORJ\DQGDVXPPDU\RIUHIHUHQFHRIVRXUFHPDWHULDOV

UHVSHFWLYHO\



)RUUHIHUHQFHWKHDIILUPDWLYHVDIHW\FDVHLVGHILQHGDVDFROOHFWLRQRIVFLHQWLILFWHFKQLFDODGPLQLVWUDWLYH

DQGPDQDJHULDOHYLGHQFHZKLFKGRFXPHQWVWKHEDVLVWKDWWKHSHUIRUPDQFHREMHFWLYHVRIWKHWHFKQRORJ\

LQFOXVLYHIXQGDPHQWDOVDIHW\IXQFWLRQV )6)V DUHPHWE\DGHVLJQGXULQJGHVLJQVSHFLILF$QWLFLSDWHG

2SHUDWLRQDO2FFXUUHQFHV $22V 'HVLJQ%DVLV(YHQWV '%(V %H\RQG'HVLJQ%DVLV(YHQWV %'%(V 

DQG'HVLJQ%DVLV$FFLGHQWV '%$V E\



  •  ,GHQWLI\LQJGHVLJQVSHFLILFVDIHW\IXQFWLRQVWKDWDUHDGHTXDWHO\SHUIRUPHGE\GHVLJQVSHFLILF

66&VDQG

  •  (VWDEOLVKLQJGHVLJQVSHFLILFIHDWXUHV SURJUDPPDWLF HJLQVSHFWLRQV RUSK\VLFDO HJ

UHGXQGDQF\ WRSURYLGHUHDVRQDEOHDVVXUDQFHWKDWFUHGLWHG66&IXQFWLRQVDUHUHOLDEO\SHUIRUPHG



1st Regulatory Position 1(,((&KDSWHUSURYLGHVDQDFFHSWDEOHPHWKRGIRUGHYHORSLQJLQIRUPDWLRQUHODWHGWRWKHSODQW

GHVFULSWLRQVLWHGHVFULSWLRQWKHDIILUPDWLYHVDIHW\FDVHEDVHGRQWKH/03PHWKRGRORJ\DQGDVXPPDU\

RIUHIHUHQFHRIVRXUFHPDWHULDOV+RZHYHUWKHDSSOLFDQWRUWKHOLFHQVHHLVVWLOOUHVSRQVLEOHIRU

GHPRQVWUDWLQJFRPSOLDQFHZLWKDOODSSOLFDEOHUHJXODWLRQVDQGPD\UHTXHVWH[HPSWLRQVDVDSSURSULDWH

7KHVWDIILVVXHGDZKLWHSDSHUWRSURYLGHJXLGDQFHRQZKLFKUHJXODWLRQVDUHDSSOLFDEOHWRQRQ/:5VLQ

6HSWHPEHURIWLWOHG³$QDO\VLVRI$SSOLFDELOLW\RI15&5HJXODWLRQVIRU1RQ/LJKW:DWHU5HDFWRUV'

5HI0/$ 7KHVWDIIVXSSOHPHQWHGWKLVZKLWHSDSHULQDGRFXPHQWGDWHG)HEUXDU\ 5HI

0/$ 7KH6HSWHPEHUZKLWHSDSHUDVVXSSOHPHQWHGE\WKH)HEUXDU\GRFXPHQW

GHVFULEHZKLFKUHJXODWLRQVDUHJHQHUDOO\DSSOLFDEOHWRQRQ/:5DSSOLFDWLRQVIRUFRQVWUXFWLRQSHUPLWVDQG

RSHUDWLQJOLFHQVHVXQGHU&)53DUWDQGVWDQGDUGGHVLJQFHUWLILFDWLRQVFRPELQHGOLFHQVHVDQG

VWDQGDUGGHVLJQDSSURYDOVXQGHU&)53DUW7KHVWDIILVLQWKHSURFHVVRIUHYLVLQJWKHDSSOLFDELOLW\

RIUHJXODWLRQVZKLWHSDSHU7KHVWDIILQWHQGVWRLQFOXGHWKHFRQWHQWRIWKLVZKLWHSDSHUDV$SSHQGL['WKH

$5&$3URDGPDS,6*



2nd Regulatory Position - Construction Permit Information 1(,((6HFWLRQ(([SURYLGHVDQDFFHSWDEOHPHWKRGIRUGHYHORSLQJSRUWLRQVRIDFRQVWUXFWLRQSHUPLW

DSSOLFDWLRQLQDFFRUGDQFHZLWK&)53DUWUHTXLUHPHQWV+RZHYHUIRUDGYDQFHGUHDFWRUDSSOLFDQWV

SXUVXLQJDFRQVWUXFWLRQSHUPLW &3 DSSOLFDWLRQXQGHU&)53DUWDQGXVLQJDQDOWHUQDWLYHULVN

LQIRUPHGSHUIRUPDQFHEDVHGDSSURDFK VXFKDV/03 DGGLWLRQDOLQIRUPDWLRQQRWUHODWHGWRWKH/03

EDVHGDIILUPDWLYHVDIHW\FDVHVKRXOGEHSURYLGHG6SHFLILFDOO\WKHDGGLWLRQDOLQIRUPDWLRQLVUHODWHGWRWKH

PLQLPXPLQIRUPDWLRQQHFHVVDU\LQD&3DSSOLFDWLRQIRUWKHVWDIIWRLVVXHD&3XQGHU&)5 D 

ZKHQWKHDSSOLFDQWKDVQRWVXSSOLHGDOORIWKHWHFKQLFDOLQIRUPDWLRQUHTXLUHGWRFRPSOHWHWKH

DSSOLFDWLRQ LH D DQGVXSSRUWWKHLVVXDQFHRID&3ZKLFKDSSURYHVDOOSURSRVHGGHVLJQ

IHDWXUHV LHREWDLQVILQDOLW\IRUWKHGHVLJQ 7KHVWDIIQRWHVWKDWWKHDGGLWLRQDO&3LQIRUPDWLRQGHVFULEHG

LQWKLV5*LVFRQVLVWHQWZLWKWKHILUVW&KDSWHUVRIWKH6$57KHJXLGDQFHGHVFULEHGLQ$SSHQGL[$RI

WKLV5*FRQWDLQVJXLGDQFHRQRQHDFFHSWDEOHDSSURDFKLQVFRSHDQGOHYHORIGHWDLOIRUDSSOLFDQWVWR

SURYLGHWKHDGGLWLRQDOUHOHYDQW&3LQIRUPDWLRQIRUDGYDQFHGUHDFWRUDSSOLFDWLRQVUHODWHGWRWKHILUVW

FKDSWHUVRIWKH6$5



'*((((3DJH

3rd Regulatory Position - Supplemental Information

,QDGGLWLRQWRWKHPDWHULDOLGHQWLILHGLQ1(,((&KDSWHURIWKH6$5VKRXOGDOVRDGGUHVVWKH

IROORZLQJLVVXHV



D ,GHQWLI\WKHDSSOLFDELOLW\RI*HQHULF6DIHW\,VVXHV8QUHVROYHG6DIHW\,VVXHVDQG7KUHH0LOH

,VODQGDFWLRQLWHPVWRWKHGHVLJQDQGWKHLUSURSRVHGUHVROXWLRQ



E ,GHQWLI\WKH5*VDSSOLFDEOHWRWKHGHVLJQDQGDQ\SURSRVHGH[FHSWLRQV



F ,GHQWLI\WKHFRQVHQVXVGHVLJQFRGHVDQGVWDQGDUGV $60($16,,(((HWF XVHGLQWKHGHVLJQ

DORQJZLWKZKDW66&VWRZKLFKWKH\DSSO\7KLVLQFOXGHVDVDSSURSULDWHUHIHUHQFHWR$60(

% 39&RGH6HFWLRQ,,,'LYLVLRQ+LJK7HPSHUDWXUH5HDFWRUV7KHVWDIIQRWHVWKDW$60(

6HFWLRQ,,,'LYLVLRQJXLGDQFHFDQEHIRXQGLQWKHIROORZLQJGRFXPHQWV185(*

³7HFKQLFDO5HYLHZRIWKH(GLWLRQRI$60(&RGH6HFWLRQ,,,'LYLVLRQ³+LJKW

7HPSHUDWXUH5HDFWRUV'+/-'UDIW5HSRUWIRU&RPPHQW $'$06$FFHVVLRQ1RWREHSURYLGHGDWD

ODWHUGDWH DQG'*³$FFHSWDELOLW\RI$60(&RGH6HFWLRQ,,,'LYLVLRQ+LJK

7HPSHUDWXUH5HDFWRUV' $'$06$FFHVVLRQ1RWREHSURYLGHGDWDODWHUGDWH 



 0HWKRGRORJLHVDQG$QDO\VHV



$QLPSRUWDQWSDUWRIWKHGHVLJQSURFHVVIRUUHDFWRUGHVLJQVLVWKHLGHQWLILFDWLRQRIHYHQWVWKDWFRXOG

FKDOOHQJHNH\VDIHW\IXQFWLRQVDQGOD\HUVRIGHIHQVHDJDLQVWWKHUHOHDVHRIUDGLRDFWLYHPDWHULDOV

7KHUHIRUHDNH\SDUWRIWKHUHYLHZRIDQDGYDQFHGUHDFWRUDSSOLFDWLRQLVWKHVHOHFWLRQRIOLFHQVLQJEDVLV

HYHQWV /%(V 7KH/%(VDUHGHVFULEHGDVHYHQWVHTXHQFHVVXFKDVDQWLFLSDWHGRSHUDWLRQDORFFXUUHQFHV

$22V GHVLJQEDVLVHYHQWV '%(V RUEH\RQGGHVLJQEDVLVHYHQWV %'%(V 7KHSULPDU\GHWHUPLQDWH

IRUFDWHJRUL]LQJHYHQWVLQHDFKRIWKHVHFDWHJRULHVLVWKHHVWLPDWHGIUHTXHQF\RIWKHHYHQWVHTXHQFH

)LJXUHRI1(,SURYLGHVDGGLWLRQDOLQIRUPDWLRQRQWKHVHOHFWLRQDQGHYDOXDWLRQRI/%(¶V



&KDSWHURI1(,((5HY[ VSHFLILFDOO\6HFWLRQVWR SURYLGHVDQDFFHSWDEOHPHWKRGIRU

OLFHQVHHVWRIROORZDQGGHYHORSEDVHOLQHLQIRUPDWLRQUHODWHGWRWKHSUREDELOLVWLFULVNDVVHVVPHQW

RYHUYLHZRIWKH35$ VRXUFHWHUPDQDO\VLVDQGGHVLJQEDVLVDFFLGHQWV '%$V DQDO\WLFDOPHWKRGV



4th Regulatory Position 1(,((&KDSWHUSURYLGHVDQDFFHSWDEOHPHWKRGIRUGHYHORSLQJLQIRUPDWLRQUHODWHGWRWKH

SUREDELOLVWLFULVNDVVHVVPHQW RYHUYLHZRIWKH35$ VRXUFHWHUPDQDO\VLVDQGGHVLJQEDVLVDFFLGHQWV

DQDO\WLFDOPHWKRGV



5th Regulatory Position - Site Information

,QDGGLWLRQWRWKHVLWHLQIRUPDWLRQGHVFULEHGLQ&KDSWHURI1(,((DGGLWLRQDOLQIRUPDWLRQQRW

GHYHORSHGXVLQJWKH/03SURFHVVVKRXOGEHSURYLGHG7KHSXUSRVHRIWKLVLQIRUPDWLRQLVWRGHPRQVWUDWH

FRPSOLDQFHZLWK&)56XESDUW%DQGWKHUHOHYDQWSDUWVRI&)5DQGWKDWGLVFXVVVLWH

UHODWHGLVVXHVDQGWRGHVFULEHWKHVLWHFKDUDFWHULVWLFVXVHGLQWKHGHVLJQDQGVDIHW\DQDO\VLVZKHUH L D

GHVLJQEDVLVH[WHUQDOKD]DUGOHYHOPXVWEHVSHFLILHGIRUHDFKV\VWHPVWUXFWXUHRUFRPSRQHQW 66&V 

GHVLJQHGWRZLWKVWDQGWKLVKD]DUGZLWKQRDGYHUVHLPSDFWRQWKHLUFDSDELOLW\WRSHUIRUPWKHLUUHTXLUHG

VDIHW\IXQFWLRQ 56) RU LL DQ66&LVUHOLHGXSRQWRHVWDEOLVKWKHDGHTXDF\RIGHIHQVHLQGHSWKDQGPXVW

EHGHVLJQHGZLWKVSHFLDOWUHDWPHQWWRZLWKVWDQGDJLYHQKD]DUG7KHJXLGDQFHGHVFULEHGLQGUDIW,QWHULP

6WDII*XLGDQFH ,6* ³6LWH,QIRUPDWLRQ' $'$06$FFHVVLRQ1R0/$ FRQWDLQVJXLGDQFHRQ

RQHDFFHSWDEOHDSSURDFKLQVFRSHDQGOHYHORIGHWDLOIRUDSSOLFDQWVWRSURYLGHUHOHYDQWVLWHLQIRUPDWLRQ



'*((((3DJH

6th Regulatory Position - Methodologies and Analyses

&HUWDLQDQDO\VHVDUHFRPPRQWRDQXPEHURI/%(DQDO\VHV7KLVFKDSWHURIWKHJXLGDQFHSURYLGHV

LQIRUPDWLRQUHJDUGLQJKRZWRGRFXPHQWWKRVHDQDO\VHVLQDQDSSOLFDWLRQ7KHVFRSHRIFRQWHQWWKHOHYHO

RIGHWDLODQGWKHVWUXFWXUHRIWKHDSSOLFDWLRQJXLGDQFHUHJDUGLQJWKLVWRSLFDUHDFFHSWDEOHZLWKWKH

IROORZLQJH[FHSWLRQVDQGFODULILFDWLRQV



D 2WKHUPHWKRGRORJLHVDQGDQDO\VHVWKDWVKRXOGEHSURYLGHGLQFOXGHEDVHOLQHRSHUDWLQJSDUDPHWHUV

DGHVFULSWLRQRIV\VWHPVFRPSRQHQWVDQGPDWHULDOVSHUIRUPDQFHXQGHUQRUPDORSHUDWLQJ

DQWLFLSDWHGWUDQVLHQWDQGDFFLGHQWFRQGLWLRQV



 /LFHQVLQJ%DVLV(YHQWV



$IWHUWKHLGHQWLILFDWLRQRI/%(VWKHLQIRUPDWLRQLQWKLVFKDSWHUVKRXOGGHVFULEHWKHV\VWHPDWLFDQG

UHSURGXFLEOHSURFHVVDQGPHWKRGRORJ\XVHGWRVHOHFWWKH/%(VDQGWKHVSHFLILFDQDO\VLVDQGHYDOXDWLRQ

RIWKHVHOHFWHG/%(VDJDLQVWWKHSURSRVHGGHVLJQ7KHDQDO\VLVLQWKLVVHFWLRQLVSULPDULO\GHVFULEHGLQ

WHUPVRIHYHQWVHTXHQFHVFRPSULVHGRIDQLQLWLDWLQJHYHQWWKHSODQWUHVSRQVHWRWKHLQLWLDWLQJHYHQW ZKLFK

LQFOXGHVDVHTXHQFHRIVXFFHVVHVDQGIDLOXUHVRIPLWLJDWLQJV\VWHPV DQGDZHOOGHILQHGHQGVWDWH7KLV

FKDSWHUVKRXOGDOVRLQFOXGHLQIRUPDWLRQRQWKHSURFHVVXVHGWRJURXSDQGFRQGHQVHWKHVXEVWDQWLDOQXPEHU

RIHYHQWVHTXHQFHVFRQVLGHUHGLQWKH35$LQWRVHTXHQFHIDPLOLHVWKDWDUHXVHGWRGHILQHWKH$22V'%(V

DQG%'%(V,WLVLPSRUWDQWWRQRWHWKDWWKHWHUP³HYHQWVHTXHQFH'LVXVHGLQOLHXRIWKHWHUP³DFFLGHQW

VHTXHQFH'XVHGLQ/:535$VWDQGDUGVEHFDXVHWKHVFRSHRIWKH/%(VLQFOXGHV$22VDQGLQLWLDWLQJ

HYHQWVZLWKQRDGYHUVHLPSDFWVRQSXEOLFVDIHW\



&KDSWHURI1(,((5HY[ VSHFLILFDOO\6HFWLRQVWR SURYLGHVDQDFFHSWDEOHPHWKRGIRU

OLFHQVHHVWRIROORZDQGGHYHORSEDVHOLQHLQIRUPDWLRQUHODWHGWRWKH/%(VHOHFWLRQPHWKRGRORJ\DQG

VXPPDU\RI/%(V $22V'%(V%'%(VDQG'%$V 



7th Regulatory Position 1(,((&KDSWHUSURYLGHVDQDFFHSWDEOHPHWKRGIRUGHYHORSLQJLQIRUPDWLRQUHODWHGWRWKH/%(

VHOHFWLRQPHWKRGRORJ\DQGVXPPDU\RI/%(V $22V'%(V%'%(VDQG'%$V 

8th Regulatory Position - Supplemental Information

,QDGGLWLRQWRWKHPDWHULDOLGHQWLILHGLQ1(,((&KDSWHUWKH6$5VKRXOGDOVRLQFOXGHDGLVFXVVLRQRI

WKHIROORZLQJ

 $LUFUDIW,PSDFW$VVHVVPHQW &)5 +/-7KHREMHFWLYHRIWKHDLUFUDIWLPSDFWUXOHLVWR

UHTXLUHQXFOHDUSRZHUSODQWGHVLJQHUVWRULJRURXVO\DVVHVVWKHLUGHVLJQVWRLGHQWLI\GHVLJQIHDWXUHV

DQGIXQFWLRQDOFDSDELOLWLHVWKDWFRXOGSURYLGHDGGLWLRQDOLQKHUHQWSURWHFWLRQWRZLWKVWDQGWKH

HIIHFWVRIDQDLUFUDIWLPSDFW7KH15&H[SHFWVWKLVUXOHWRUHVXOWLQQHZQXFOHDUSRZHUUHDFWRU

IDFLOLWLHVWKDWDUHLQKHUHQWO\PRUHUREXVWZLWKUHJDUGWRDQDLUFUDIWLPSDFWWKDQLIWKH\ZHUH

GHVLJQHGLQWKHDEVHQFHRIWKHDLUFUDIWLPSDFWUXOH7KHUXOHSURYLGHVDQHQKDQFHGOHYHORI

SURWHFWLRQEH\RQGWKDWZKLFKLVSURYLGHGE\WKHH[LVWLQJDGHTXDWHSURWHFWLRQUHTXLUHPHQWV

DSSOLFDEOHWRFXUUHQWO\RSHUDWLQJSRZHUUHDFWRUV7KHIROORZLQJ5HJXODWRU\*XLGH 5* SURYLGHV

JXLGDQFHUHJDUGLQJLPSOHPHQWDWLRQWKLVUHJXODWLRQ



  •  5*³*XLGDQFHIRU7KH$VVHVVPHQWRI%H\RQG'HVLJQ%DVLV$LUFUDIW,PSDFWV'

GHVFULEHVDPHWKRGWKDWWKHVWDIIRIWKH15&FRQVLGHUVDFFHSWDEOHIRUXVHLQVDWLVI\LQJWKH

UHJXODWLRQVDW&)5UHJDUGLQJWKHFRQVLGHUDWLRQRIDLUFUDIWLPSDFWVIRUQHZQXFOHDU

SRZHUUHDFWRUV,QSDUWLFXODUWKLV5*HQGRUVHVWKHPHWKRGRORJLHVGHVFULEHGLQWKHLQGXVWU\

JXLGDQFHGRFXPHQW1XFOHDU(QHUJ\,QVWLWXWH 1(, ³0HWKRGRORJ\IRU3HUIRUPLQJ

$LUFUDIW,PSDFW$VVHVVPHQWVIRU1HZ3ODQW'HVLJQV'5HYLVLRQGDWHG$SULO



'*((((3DJH

 0LWLJDWLRQRI%H\RQG'HVLJQ%DVLV([WHUQDO(YHQWVIURP1DWXUDO3KHQRPHQD FLUFXPVWDQFHV

DVVRFLDWHGZLWKORVVRIODUJHDUHDVRIWKHSODQWGXHWRH[SORVLRQVRUILUH  &)5 +/-2QH

RIWKHSULPDU\OHVVRQVOHDUQHGIURPWKHDFFLGHQWDWWKH)XNXVKLPD'DLLFKLQXFOHDUSRZHUSODQW

ZDVWKHVLJQLILFDQFHRIWKHFKDOOHQJHSUHVHQWHGE\DORVVRIPXOWLSOHVDIHW\UHODWHGV\VWHPV

IROORZLQJWKHRFFXUUHQFHRIDEH\RQGGHVLJQEDVLVH[WHUQDOHYHQW %'%(( ,QWKHFDVHRIWKH

)XNXVKLPD'DLLFKLDFFLGHQWWKHORVVRIDOODOWHUQDWLQJFXUUHQWSRZHUOHGWRORVVRIFRUHFRROLQJ

DQGXOWLPDWHO\WRFRUHGDPDJHDQGDORVVRIFRQWDLQPHQWLQWHJULW\7KHGHVLJQEDVLVIRU86

QXFOHDUSODQWVLQFOXGHVERXQGLQJDQDO\VHVZLWKPDUJLQIRUH[WHUQDOHYHQWVH[SHFWHGDWHDFKVLWH

([WUHPHH[WHUQDOHYHQWV HJVHLVPLFHYHQWVH[WHUQDOIORRGLQJHWF EH\RQGWKRVHDFFRXQWHGIRU

LQWKHGHVLJQEDVLVZKLOHXQOLNHO\FRXOGSUHVHQWFKDOOHQJHVWRQXFOHDUSRZHUSODQWV7KH

IROORZLQJ5*VSURYLGHJXLGDQFHUHJDUGLQJLPSOHPHQWDWLRQWKLVUHJXODWLRQ



  •  5*³)OH[LEOH0LWLJDWLRQ6WUDWHJLHVIRU%H\RQG'HVLJQ%DVLV(YHQWV'LGHQWLILHV

PHWKRGVDQGSURFHGXUHVWKHVWDIIRIWKH15&FRQVLGHUVDFFHSWDEOHIRUQXFOHDUSRZHUUHDFWRU

DSSOLFDQWVDQGOLFHQVHHVWRGHPRQVWUDWHFRPSOLDQFHZLWK15&UHJXODWLRQVFRYHULQJSODQQLQJ

DQGSUHSDUHGQHVVIRUEH\RQGGHVLJQEDVLVHYHQWVDVUHTXLUHGE\&)5³0LWLJDWLRQ

RIEH\RQGGHVLJQEDVLVHYHQWV'7KLV5*HQGRUVHVZLWKFODULILFDWLRQVWKHPHWKRGVDQG

SURFHGXUHVSURPXOJDWHGE\WKH1XFOHDU(QHUJ\,QVWLWXWH 1(, LQWHFKQLFDOGRFXPHQW1(,

³'LYHUVHDQG)OH[LEOH&RSLQJ6WUDWHJLHV )/(; ,PSOHPHQWDWLRQ*XLGH'5HYLVLRQ

1(,5HYLVLRQ GDWHG'HFHPEHUDVDSURFHVVWKH15&FRQVLGHUVDFFHSWDEOHIRU

PHHWLQJLQSDUWWKHUHJXODWLRQVLQ&)5$GGLWLRQDOO\WKLV5*SURYLGHVJXLGDQFH

IRUPHHWLQJWKHUHJXODWLRQVLQ&)5WKDWDUHLQDUHDVWKDWDUHQRWFRYHUHGLQ1(,





  •  5*³:LGH5DQJH6SHQW)XHO3RRO/HYHO,QVWUXPHQWDWLRQ'LGHQWLILHVPHWKRGVDQG

SURFHGXUHVWKHVWDIIRIWKH15&FRQVLGHUVDFFHSWDEOHIRUGHPRQVWUDWLQJFRPSOLDQFHZLWK

15&UHJXODWLRQVWRSURYLGHDUHOLDEOHPHDQVWRUHPRWHO\PRQLWRUZLGHUDQJHVSHQWIXHOSRRO

OHYHOVWRVXSSRUWLPSOHPHQWDWLRQRIHYHQWPLWLJDWLRQDQGUHFRYHU\DFWLRQVDVUHTXLUHGE\

&)5³0LWLJDWLRQRIEH\RQGGHVLJQEDVLVHYHQWV' &)5 7KLV5*

HQGRUVHVZLWKH[FHSWLRQVDQGFODULILFDWLRQVWKHPHWKRGVDQGSURFHGXUHVSURPXOJDWHGE\WKH

1XFOHDU(QHUJ\,QVWLWXWH 1(, LQGRFXPHQW1(,³,QGXVWU\*XLGDQFHIRU&RPSOLDQFH

ZLWK15&2UGHU($µ7R0RGLI\/LFHQVHVZLWK5HJDUGWR5HOLDEOH6SHQW)XHO3RRO

,QVWUXPHQWDWLRQ¶'5HYLVLRQ 1(, GDWHG$XJXVWDVDSURFHVVWKH15&VWDII

FRQVLGHUVDFFHSWDEOHIRUPHHWLQJFHUWDLQUHJXODWLRQVLQ&)5



  •  'UDIW5HJXODWRU\*XLGH'* 3URSRVHG1HZ5HJXODWRU\*XLGH ³,QWHJUDWHG

5HVSRQVH&DSDELOLWLHVIRU%H\RQG'HVLJQ%DVLV(YHQWV'LGHQWLILHVPHWKRGVDQGSURFHGXUHV

WKHVWDIIRIWKH15&FRQVLGHUVDFFHSWDEOHIRUQXFOHDUSRZHUUHDFWRUDSSOLFDQWVDQGOLFHQVHHV

WRGHPRQVWUDWHFRPSOLDQFHZLWK&)5DQG$SSHQGL[(³(PHUJHQF\3ODQQLQJDQG

3UHSDUHGQHVVIRU3URGXFWLRQDQG8WLOL]DWLRQ)DFLOLWLHV'6HFWLRQ9,,³&RPPXQLFDWLRQVDQG

6WDIILQJ5HTXLUHPHQWVIRUWKH0LWLJDWLRQRI%H\RQG'HVLJQ%DVLV(YHQWV'7KLV5*

HQGRUVHVZLWKFODULILFDWLRQVWKHPHWKRGVDQGSURFHGXUHVSURPXOJDWHGE\WKH1XFOHDU(QHUJ\

,QVWLWXWH 1(, LQWKHIROORZLQJGRFXPHQWVDVPHWKRGVWKH15&VWDIIFRQVLGHUVDFFHSWDEOHIRU

PHHWLQJSRUWLRQVRIWKHUHJXODWLRQVLQ&)5DQG&)53DUW$SSHQGL[(

6HFWLRQ9,,



o 1(,³*XLGHOLQHVIRU$VVHVVLQJ%H\RQG'HVLJQ%DVLV$FFLGHQW5HVSRQVH

6WDIILQJDQG&RPPXQLFDWLRQ&DSDELOLWLHV'5HYLVLRQGDWHG0D\



o 1(,³(QKDQFHPHQWVWR(PHUJHQF\5HVSRQVH&DSDELOLWLHVIRU%H\RQG'HVLJQ

%DVLV(YHQWVDQG6HYHUH$FFLGHQWV'5HYLVLRQGDWHG6HSWHPEHUDQG1(,

'*((((3DJH

³(PHUJHQF\5HVSRQVH3URFHGXUHVDQG*XLGHOLQHVIRU%H\RQG'HVLJQ%DVLV(YHQWV

DQG6HYHUH$FFLGHQWV'5HYLVLRQGDWHG6HSWHPEHU



 ,QWHJUDWHG(YDOXDWLRQV



7KHLQIRUPDWLRQLQWKLVFKDSWHUVKRXOGGHVFULEHWKHLQWHJUDWHGULVNRIDOO/%(VDJDLQVWWKHSODQWDQG

HYDOXDWHGDJDLQVWWKUHHFXPXODWLYHULVNWDUJHWV



 7KHWRWDOPHDQIUHTXHQF\RIH[FHHGLQJDVLWHERXQGDU\GRVHRIPLOOLUHP PUHP IURPDOO

/%(VVKRXOGQRWH[FHHGSODQW\HDU7KHYDOXHRIPUHPLVVHOHFWHGIURPWKHDQQXDO

FXPXODWLYHH[SRVXUHOLPLWVLQ&)5



 7KHDYHUDJHLQGLYLGXDOULVNRIHDUO\IDWDOLW\ZLWKLQPLOHRIWKHH[FOXVLRQDUHDERXQGDU\

($% IURPDOO/%(VEDVHGRQPHDQHVWLPDWHVRIIUHTXHQFLHVDQGFRQVHTXHQFHVVKDOOQRWH[FHHG

SODQW\HDUWRHQVXUHWKDWWKH15&VDIHW\JRDOTXDQWLWDWLYHKHDOWKREMHFWLYH 4+2 IRU

HDUO\IDWDOLW\ULVNLVPHW



 7KHDYHUDJHLQGLYLGXDOULVNRIODWHQWFDQFHUIDWDOLWLHVZLWKLQPLOHVRIWKH($%IURPDOO/%(V

EDVHGRQPHDQHVWLPDWHVRIIUHTXHQFLHVDQGFRQVHTXHQFHVVKDOOQRWH[FHHGSODQW\HDUWR

HQVXUHWKDWWKH15&VDIHW\JRDO4+2IRUODWHQWFDQFHUIDWDOLW\ULVNLVPHW



.H\LQIRUPDWLRQLQWKLVFKDSWHUVKRXOGEHWRLGHQWLI\GHVLJQIHDWXUHVWKDWDUHUHVSRQVLEOHIRUSUHYHQWLQJ

DQGPLWLJDWLQJUDGLRORJLFDOUHOHDVHVDQGIRUPHHWLQJWKHLQWHJUDWHGULVNFULWHULDLQFOXGLQJGHIHQVHLQ

GHSWK ',' 7KLVHYDOXDWLRQOHDGVWRSHUIRUPDQFHUHTXLUHPHQWVDQGGHVLJQFULWHULDWKDWDUHGHYHORSHG

ZLWKLQWKHSURFHVVRIWKH66&FODVVLILFDWLRQ7KLVFKDSWHUVKRXOGDOVRGHVFULEHLQIRUPDWLRQWKDWFRQYH\V

WKHHYDOXDWHG66&PDUJLQVDJDLQVWWKHWRWDOPHDQIUHTXHQF\RIH[FHHGLQJDVLWHERXQGDU\GRVHRI

PUHPLQRUGHUWRHVWDEOLVKEDVHOLQHPDUJLQVEHWZHHQWKHIUHTXHQFLHVDQGFRQVHTXHQFHVRILQGLYLGXDO

/%(VDJDLQVWWKHIUHTXHQF\FRQVHTXHQFHFXUYHGHVFULEHGLQ)LJXUHRI1(,5HY



&KDSWHURI1(,((5HY[ VSHFLILFDOO\6HFWLRQVDQG SURYLGHVDQDFFHSWDEOHPHWKRGIRU

OLFHQVHHVWRIROORZDQGGHYHORSEDVHOLQHLQIRUPDWLRQUHODWHGWRWKH,QWHJUDWHG(YDOXDWLRQVZKLFKLQFOXGH

WKHRYHUDOOSODQWULVNSHUIRUPDQFHVXPPDU\DQGLGHQWLI\GHVLJQIHDWXUHVWKDWDUHUHVSRQVLEOHIRU

SUHYHQWLQJDQGPLWLJDWLQJUDGLRORJLFDOUHOHDVHVDQGIRUPHHWLQJWKHLQWHJUDWHGULVNFULWHULDLQFOXGLQJ

GHIHQVHLQGHSWK



9th Regulatory Position 1(,((&KDSWHUSURYLGHVDQDFFHSWDEOHPHWKRGIRUGHYHORSLQJLQIRUPDWLRQUHODWHGWRWKH,QWHJUDWHG

(YDOXDWLRQVZKLFKLQFOXGHWKHRYHUDOOSODQWULVNSHUIRUPDQFHVXPPDU\DQGLGHQWLI\GHVLJQIHDWXUHVWKDW

DUHUHVSRQVLEOHIRUSUHYHQWLQJDQGPLWLJDWLQJUDGLRORJLFDOUHOHDVHVDQGIRUPHHWLQJWKHLQWHJUDWHGULVN

FULWHULDLQFOXGLQJGHIHQVHLQGHSWK



 6DIHW\)XQFWLRQV'HVLJQ&ULWHULDDQG6\VWHPV6WUXFWXUHVDQG&RPSRQHQWV&ODVVLILFDWLRQ



$VSDUWRIWKH/03SURFHVV/%(VDUHJHQHUDOO\GHILQHGLQWHUPVRIVXFFHVVHVDQGIDLOXUHVRI66&VWKDW

SHUIRUPVDIHW\IXQFWLRQVDQGDUHPRGHOHGLQWKHSUREDELOLVWLFULVNDVVHVVPHQW 35$ 7KHUHIRUHWKH35$

VDIHW\IXQFWLRQV 36)V DUHWKRVHIXQFWLRQVUHVSRQVLEOHIRUWKHSUHYHQWLRQDQGPLWLJDWLRQRIDQXQSODQQHG

UDGLRORJLFDOUHOHDVHIURPDQ\VRXUFHZLWKLQWKHSODQW



7KHLQIRUPDWLRQLQWKLVFKDSWHUVKRXOGGHVFULEHWKHDSSURDFKIRUGHVLJQDWLQJ66&VDIHW\IXQFWLRQV

DQGFODVVLILFDWLRQVLQDFFRUGDQFHZLWKWKH36)V)RU66&VLQIRUPDWLRQVKRXOGLQFOXGHDGHVFULSWLRQRIWKH

UHTXLUHGVDIHW\IXQFWLRQ V  56)V UHTXLUHGIXQFWLRQDOGHVLJQFULWHULD 5)'& SULQFLSDOGHVLJQFULWHULD

'*((((3DJH

3'& VDIHW\FODVVLILFDWLRQRIVDIHW\UHODWHGDQGQRQVDIHW\UHODWHGZLWKVSHFLDOWUHDWPHQW 16567 

66&VDQGWKHFRPSOHPHQWDU\GHVLJQFULWHULD'HILQLWLRQVIRUWKHVHWHUPVDUHGHVFULEHGLQ6HFWLRQRI

1(,5HY³*ORVVDU\RI7HUPV'7KHLQIRUPDWLRQLQWKLVFKDSWHUVKRXOGDOVRLGHQWLI\SRWHQWLDO

WHFKQLFDOFRQFHUQVUHODWHGWR66&VDIHW\FODVVLILFDWLRQDQGWKHGHULYDWLRQRIUHTXLUHPHQWVQHFHVVDU\WR

VXSSRUW36)VLQWKHSUHYHQWLRQDQGPLWLJDWLRQRI/%(VWKDWDUHPRGHOHGLQWKH35$



&KDSWHURI1(,((5HY[ VSHFLILFDOO\6HFWLRQVWR SURYLGHVDQDFFHSWDEOHPHWKRGIRU

OLFHQVHHVWRIROORZDQGGHYHORSEDVHOLQHLQIRUPDWLRQUHODWHGWRWKHVDIHW\FODVVLILFDWLRQRI66&VZKLFK

LQFOXGHVLQIRUPDWLRQDERXW56)V5)'&3'&VDQG16567



10th Regulatory Position 1(,((&KDSWHUSURYLGHVDQDFFHSWDEOHPHWKRGIRUGHYHORSLQJLQIRUPDWLRQUHODWHGWRWKHVDIHW\

FODVVLILFDWLRQRI66&VZKLFKLQFOXGHVLQIRUPDWLRQDERXW56)V5)'&3'&VDQG16567



11th Regulatory Position - Supplemental Information - Fuel Qualification 1RWHWKLVLVSUHOLPLQDU\ODQJXDJHDQGZLOOEHXSGDWHGDVDSSURSULDWHEDVHGRQVWDIIJXLGDQFHWKDWLVXQGHU

GHYHORSPHQW7ZR15&GRFXPHQWVSURYLGHDGGLWLRQDOJXLGDQFHLQWKHDUHDRIQRQ/:5IXHO

TXDOLILFDWLRQ 185(*)XHO4XDOLILFDWLRQIRU$GYDQFHG5HDFWRUV'UDIW5HSRUWIRU&RPPHQW

0/$ DQG 15&VWDIIUHSRUW³$VVHVVPHQWRI:KLWH3DSHU6XEPLWWDOVRQ)XHO4XDOLILFDWLRQ

DQG0HFKDQLVWLF6RXUFH7HUPV1H[W*HQHUDWLRQ1XFOHDU3ODQW'5HYLVLRQ-XO\

0/$ 



,QDGGLWLRQWRWKHPDWHULDOLGHQWLILHGLQ1(,((&KDSWHURIWKH6$5VKRXOGDOVRDGGUHVVIXHO

TXDOLILFDWLRQ7KHUHDFWRUFRUHDQGLWVIXHODUHJHQHUDOO\LGHQWLILHGDVVDIHW\UHODWHGGXHWRWKHGLUHFW

LQYROYHPHQWLQSHUIRUPLQJIXQGDPHQWDOVDIHW\IXQFWLRQV7KHLQIRUPDWLRQUHTXLUHPHQWVDVVRFLDWHGZLWK

VDIHW\UHODWHG66&VDUHGLVFXVVHGLQ6HFWLRQ³6DIHW\5HODWHG66&&ULWHULDDQG&DSDELOLWLHV'+RZHYHU

WKHUHDUHUHJXODWRU\UHTXLUHPHQWVVXFKDVIXHOGHVLJQOLPLWVWKDWDUHDWWULEXWHGWRRULGHQWLILHGZLWKIXHO

SHUIRUPDQFHDQGLWVTXDOLILFDWLRQ2QHRIWKHFKDUDFWHULVWLFVRIIXHOTXDOLILFDWLRQLVWKHQHHGIRULUUDGLDWLRQ

GDWDZLWKDVVRFLDWHGORQJWLPHIUDPHVWRFROOHFWWKDWLUUDGLDWLRQGDWD$FFRUGLQJO\LWLVDQWLFLSDWHGWKDW

DGYDQFHGUHDFWRUGHVLJQVZLOOXVHH[LVWLQJGDWD HJ$GYDQFHG*DV5HDFWRU $*5 SURJUDPGDWDOHJDF\

PHWDOIXHOGDWD WRVXSSRUWUHJXODWRU\OLFHQVLQJWRVRPHGHJUHH7KHIXHOTXDOLILFDWLRQGLVFXVVLRQVKRXOG

IRFXVRQ  XQGHUVWDQGLQJWKHUROHRIWKHIXHOLQWKHVDIHW\FDVHDQG  GHWHUPLQLQJWKHDGHTXDF\RIWKH

SODQWRSURYLGHWKHHYLGHQWLDU\EDVLVIRUIXHOSHUIRUPDQFHDVDVVXPHGLQWKHVDIHW\FDVH6XIILFLHQW

LQIRUPDWLRQVKRXOGEHDYDLODEOHWRVXSSRUWUHDVRQDEOHDVVXUDQFHILQGLQJVWKDW



  7KHUROHRIWKHIXHOLQWKHVDIHW\FDVHLVDGHTXDWHO\GHVFULEHG7KLVFDQEHDGGUHVVHGE\SURYLGLQJ

IXHOSHUIRUPDQFHUHTXLUHPHQWVGXULQJ  QRUPDORSHUDWLRQLQFOXGLQJWKHHIIHFWVRIDQWLFLSDWHG

RSHUDWLRQDORFFXUUHQFHVDQG  DFFLGHQWFRQGLWLRQV,QVXSSRUWRIWKHVHILQGLQJVVXIILFLHQW

LQIRUPDWLRQVKRXOGEHSURYLGHGVXFKWKDWWKHVDIHW\OLPLWVRIWKHIXHODQGWKHIXHOFRQWULEXWLRQLQ

WKHDFFLGHQWVRXUFHWHUPDUHFOHDUO\LGHQWLILHG8QGHUVWDQGLQJRIWKHVDIHW\OLPLWVDQGVRXUFHWHUP

VKRXOGDGGUHVVXQFHUWDLQW\DVVRFLDWHGZLWKDQ\OLPLWDWLRQVRQGDWDDYDLODEOHDQGUHIOHFWHGLQWKH

DQDO\VHVGLVFXVVHGLQ6HFWLRQ³6DIHW\DQG$FFLGHQW$QDO\VLV0HWKRGRORJLHVDQG$VVRFLDWHG

9DOLGDWLRQ'DQG6HFWLRQ³'LVFXVVLRQRIDFFLGHQWVRXUFHWHUPV'RI1(,((



  7KHIXHOTXDOLILFDWLRQSODQLVDGHTXDWH7KHIXHOTXDOLILFDWLRQSODQVKRXOGFRQVLGHUWKHSURSRVHG

DQDO\VLVPHWKRGRORJLHV HJIXHOSHUIRUPDQFHFRGHV WKHXVHRIH[LVWLQJGDWDDQGDQ\RQJRLQJ

WHVWLQJRUSODQVWRXWLOL]HOHDGWHVWVSHFLPHQV:KHUHOHJDF\GDWDLVXVHGDMXVWLILFDWLRQIRUWKH

DSSOLFDELOLW\RIWKHGDWDWRWKHFXUUHQWDSSOLFDWLRQVKRXOGEHSURYLGHG HJGDWDZDVFROOHFWHGIRU

DIXHOIDEULFDWHGFRQVLVWHQWZLWKWKHSURSRVHGIXHOGHVLJQDQGLUUDGLDWHGLQDQDSSOLFDEOH

HQYLURQPHQW 



'*((((3DJH

 6DIHW\5HODWHG6\VWHPV6WUXFWXUHVDQG&RPSRQHQWV&ULWHULDDQG&DSDELOLWLHV



7KHLQIRUPDWLRQLQWKLVFKDSWHUVKRXOGOHYHUDJHWKHDQDO\VLVSHUIRUPHGIRUWKHVDIHW\UHODWHG66&VLQ

&KDSWHURI1(,((DQGGHVFULEHIXUWKHUGHWDLOLQWRWKHFULWHULDDQGFDSDELOLWLHVRIDOOVDIHW\UHODWHG

66&VWKDWDUHSDUWRIWKHDIILUPDWLYHVDIHW\FDVH



)RU66&VFODVVLILHGDV65WKHLQIRUPDWLRQLQWKLVFKDSWHUVKRXOGDGGUHVVWKHGHVLJQFULWHULDUHIHUUHGWRDV

6DIHW\5HODWHG'HVLJQ&ULWHULD 65'& 7KH65'&DUHGHULYHGIURPWKH5)'&ZKLFKLQWXUQDUH

GHYHORSHGIURPWKH56)VGHWHUPLQHGLQWKH/%(VHOHFWLRQSURFHVVGHVFULEHGLQ&KDSWHUVDQGRI1(,

((



&KDSWHURI1(,((5HY[ VSHFLILFDOO\6HFWLRQVWR SURYLGHVDQDFFHSWDEOHPHWKRGIRU

OLFHQVHHVWRIROORZDQGGHYHORSEDVHOLQHLQIRUPDWLRQUHODWHGWRWKHGHVLJQUHTXLUHPHQWVIRU66&VVSHFLDO

WUHDWPHQWUHTXLUHPHQWVIRU66&VDQGV\VWHPGHVFULSWLRQVIRUVDIHW\UHODWHG66&V



12th Regulatory Position 1(,((&KDSWHUSURYLGHVDQDFFHSWDEOHPHWKRGIRUGHYHORSLQJLQIRUPDWLRQUHODWHGWRWKHGHVLJQ

UHTXLUHPHQWVIRU66&VVSHFLDOWUHDWPHQWUHTXLUHPHQWVIRU66&VDQGV\VWHPGHVFULSWLRQVIRUVDIHW\

UHODWHG66&V



13th Regulatory Position - Supplemental Information

,QDGGLWLRQWRWKHPDWHULDOLGHQWLILHGLQ1(,((&KDSWHURIWKH6$5VKRXOGDOVRDGGUHVVWKH

IROORZLQJ



 ,IWKHUHDUHLQVWUXPHQWDWLRQDQGFRQWUROV\VWHPVWKDWDUHLGHQWLILHGDVVDIHW\UHODWHGWKHQ'HVLJQ

5HYLHZ*XLGH '5* ³,QVWUXPHQWDWLRQDQG&RQWUROVIRU1RQ/LJKW:DWHU5HDFWRU QRQ/:5 

5HYLHZV' $'$06XQGHU$FFHVVLRQ1R0/$ SURYLGHVDGGLWLRQDOJXLGDQFHIRU

FRQWHQWDQGUHYLHZRIWKLVPDWHULDO



 1RQ6DIHW\5HODWHG6SHFLDO7UHDWPHQW 16567 6\VWHPV6WUXFWXUHVDQG&RPSRQHQWV&ULWHULD

DQG&DSDELOLWLHV



7KHLQIRUPDWLRQLQWKLVFKDSWHUVKRXOGGHVFULEHWKHUHJXODWRU\GHVLJQDQGVSHFLDOWUHDWPHQWUHTXLUHPHQWV

IRUWKRVH66&VFODVVLILHGDV16567LQFKDSWHURIWKH6$51656766&VDUHQRWGLUHFWO\DVVRFLDWHG

ZLWK5)'& LHQRW656&&V EXWDUHUHOLHGXSRQWRSHUIRUPULVNVLJQLILFDQWIXQFWLRQV5LVNVLJQLILFDQW

66&VDUHWKRVHWKDWSHUIRUPIXQFWLRQVWKDWSUHYHQWRUPLWLJDWHDQ\/%(IURPH[FHHGLQJWKHIUHTXHQF\

FRQVHTXHQFHWDUJHWRUPDNHVLJQLILFDQWFRQWULEXWLRQVWRWKHFXPXODWLYHULVNPHWULFVVHOHFWHGIRU

HYDOXDWLQJWKHWRWDOULVNIURPDOODQDO\]HG/%(V



)RUFODULW\WKHWHUP³VSHFLDOWUHDWPHQW'LVGHULYHGIURP15&UHJXODWLRQVDQG1XFOHDU(QHUJ\,QVWLWXWH

1(, JXLGHOLQHVLQWKHLPSOHPHQWDWLRQRI&)5,Q5HJXODWRU\*XLGHWKHIROORZLQJ

GHILQLWLRQRIVSHFLDOWUHDWPHQWLVSURYLGHG



³<<VSHFLDOWUHDWPHQWUHIHUVWRWKRVHUHTXLUHPHQWVWKDWSURYLGHLQFUHDVHGDVVXUDQFHEH\RQGQRUPDO

LQGXVWULDOSUDFWLFHVWKDWVWUXFWXUHVV\VWHPVDQGFRPSRQHQWV 66&V SHUIRUPWKHLUGHVLJQEDVLV

IXQFWLRQV'



&KDSWHURI1(,((5HY[ VSHFLILFDOO\6HFWLRQVDQG SURYLGHVDQDFFHSWDEOHPHWKRGIRU

OLFHQVHHVWRIROORZDQGGHYHORSEDVHOLQHLQIRUPDWLRQUHODWHGWRWKHVSHFLDOWUHDWPHQWUHTXLUHPHQWVIRU

1656766&VDWWKHVLWHDQG1656766&VGHVFULSWLRQVDQGFDSDELOLWLHV$GGLWLRQDOLQIRUPDWLRQFDQEH

IRXQGLQ7DEOHRI1(,

'*((((3DJH



14th Regulatory Position 1(,((&KDSWHUSURYLGHVDQDFFHSWDEOHPHWKRGIRUGHYHORSLQJLQIRUPDWLRQUHODWHGWRWKHVSHFLDO

WUHDWPHQWUHTXLUHPHQWVIRU1656766&VDWWKHVLWHDQG1656766&VGHVFULSWLRQVDQGFDSDELOLWLHV



15th Regulatory Position - Supplemental Information

,QDGGLWLRQWRWKHPDWHULDOLGHQWLILHGLQ1(,((&KDSWHURIWKH6$5VKRXOGDOVRDGGUHVVWKH

IROORZLQJ



D ,IWKHUHDUHLQVWUXPHQWDWLRQDQGFRQWUROV\VWHPVWKDWDUHLGHQWLILHGDVVDIHW\UHODWHGWKHQ'HVLJQ

5HYLHZ*XLGH '5* ³,QVWUXPHQWDWLRQDQG&RQWUROVIRU1RQ/LJKW:DWHU5HDFWRU QRQ/:5 

5HYLHZV' $'$06XQGHU$FFHVVLRQ1R0/$ SURYLGHVDGGLWLRQDOJXLGDQFHIRU

FRQWHQWDQGUHYLHZRIWKLVPDWHULDO



 3ODQW3URJUDPV



7KHLQIRUPDWLRQLQWKLVFKDSWHUVKRXOGSURYLGHLQIRUPDWLRQRQWKRVHSODQWSURJUDPVUHOLHGXSRQWR

SURYLGHVSHFLDOWUHDWPHQWWR65DQG1656766&VWKDWDUHSDUWRIWKHDIILUPDWLYHVDIHW\FDVH7KH

LQIRUPDWLRQVKRXOGSURYLGHDQRYHUYLHZRIWKHVSHFLDOWUHDWPHQWSURJUDPVDGGUHVVLQJWKHSXUSRVHVFRSH

DQGSHUIRUPDQFHREMHFWLYHVDVZHOODVDSSOLFDELOLW\WR66&V7KHLQIRUPDWLRQIRUWKHSURJUDPVVKRXOG

SURYLGHUHDVRQDEOHDVVXUDQFHWKDW UHOLDELOLW\DQGSHUIRUPDQFHWDUJHWVDUHPHWDQG VDIHW\VLJQLILFDQW

XQFHUWDLQWLHVDUHDGGUHVVHG3URJUDPDUHDVFRXOGLQFOXGHKXPDQIDFWRUVTXDOLW\DVVXUDQFHVWDUWXS

WHVWLQJDQGHTXLSPHQWTXDOLILFDWLRQDPRQJRWKHUV



&KDSWHURI1(,((5HY[ VSHFLILFDOO\6HFWLRQV;DQG< SURYLGHVDQDFFHSWDEOHPHWKRGIRU

OLFHQVHHVWRIROORZDQGGHYHORSEDVHOLQHLQIRUPDWLRQUHODWHGWRWKRVHSODQWSURJUDPVUHOLHGXSRQWR

SURYLGHVSHFLDOWUHDWPHQWWR65DQG1656766&VWKDWDUHSDUWRIWKHDIILUPDWLYHVDIHW\FDVH



16th Regulatory Position 1(,((&KDSWHUSURYLGHVDQDFFHSWDEOHPHWKRGIRUGHYHORSLQJLQIRUPDWLRQUHODWHGWRWKRVHSODQW

SURJUDPVUHOLHGXSRQWRSURYLGHVSHFLDOWUHDWPHQWWR65DQG1656766&VWKDWDUHSDUWRIWKHDIILUPDWLYH

VDIHW\FDVH

17th Regulatory Position - Supplemental Information

,QDGGLWLRQWRWKHPDWHULDOLGHQWLILHGLQ1(,((&KDSWHURIWKH6$5VKRXOGDOVRDGGUHVVWKH

IROORZLQJ



D $GLVFXVVLRQRI6566&VDQGWKHLUWUHDWPHQWVKRXOGEHSURYLGHGLQ&KDSWHURIWKH6$57KHWHUP

³VSHFLDOWUHDWPHQW'LVXVHGLQDPDQQHUFRQVLVWHQWZLWK15&UHJXODWLRQVDQG1XFOHDU(QHUJ\

,QVWLWXWH 1(, JXLGHOLQHVLQWKHLPSOHPHQWDWLRQRI&)5,Q5HJXODWRU\*XLGHWKH

IROORZLQJGHILQLWLRQRIVSHFLDOWUHDWPHQWLVSURYLGHG



³<<VSHFLDOWUHDWPHQWUHIHUVWRWKRVHUHTXLUHPHQWVWKDWSURYLGHLQFUHDVHGDVVXUDQFHEH\RQG

QRUPDOLQGXVWULDOSUDFWLFHVWKDWVWUXFWXUHVV\VWHPVDQGFRPSRQHQWV 66&V SHUIRUPWKHLU

GHVLJQEDVLVIXQFWLRQV'



$OOVDIHW\VLJQLILFDQW66&VDUHVXEMHFWWRVSHFLDOWUHDWPHQWUHTXLUHPHQWV&KDSWHURIWKH6$5

VKRXOGGHVFULEHVSHFLDOWUHDWPHQWUHTXLUHPHQWVDSSOLFDEOHWRHDFK6566&7KHVHUHTXLUHPHQWV

VKRXOGLQFOXGHVSHFLILFSHUIRUPDQFHUHTXLUHPHQWVWRSURYLGHDGHTXDWHDVVXUDQFHWKDWWKH66&VZLOOEH

FDSDEOHRISHUIRUPLQJWKHLU56)VZLWKVLJQLILFDQWPDUJLQVDQGZLWKDSSURSULDWHGHJUHHVRIUHOLDELOLW\

7KHVHLQFOXGHQXPHULFDOWDUJHWVIRU66&UHOLDELOLW\DQGDYDLODELOLW\GHVLJQPDUJLQVIRUSHUIRUPDQFH

'*((((3DJH

RIWKH56)VDQGPRQLWRULQJRISHUIRUPDQFHDJDLQVWWKHVHWDUJHWVZLWKDSSURSULDWHFRUUHFWLYHDFWLRQV

ZKHQWDUJHWVDUHQRWIXOO\UHDOL]HG$QRWKHUFRQVLGHUDWLRQLQWKHVHWWLQJRI66&SHUIRUPDQFH

UHTXLUHPHQWVLVWKHQHHGWRDVVXUHWKDWWKHUHVXOWVRIWKHSODQWFDSDELOLW\','HYDOXDWLRQGHVFULEHGLQ

&KDSWHUDQGRIWKHDSSOLFDWLRQ LQDFFRUGDQFHZLWK1(,(( DUHDFKLHYHGQRWMXVWLQWKHGHVLJQ

EXWLQWKHDVEXLOWDQGDVRSHUDWHGDQGPDLQWDLQHGSODQWWKURXJKRXWWKHOLIHRIWKHSODQW



E $VVRFLDWHGWHVWLQJYDOLGDWLRQIRU6566&V

6SHFLDOWUHDWPHQWUHTXLUHPHQWVIRU6566&VPD\LQFOXGHWKHSHUIRUPDQFHRIURXWLQHWHVWLQJDQG

YDOLGDWLRQRI66&SHUIRUPDQFHFDSDELOLW\'HVFULEHDVDSSOLFDEOHWKHVSHFLDOWUHDWPHQWUHTXLUHPHQWV

IURP1(,7DEOHRQDFDVHE\FDVHEDVLVDQGLQWKHFRQWH[WRIWKH66&IXQFWLRQVLQWKH

SUHYHQWLRQDQGPLWLJDWLRQRIDSSOLFDEOH/%(V7KHVHVSHFLDOWUHDWPHQWLWHPVIRU6566&PD\LQFOXGH

WKHIROORZLQJ



  •  (TXLSPHQWTXDOLILFDWLRQ(VVHQWLDOO\WKHVDPHDVIRUH[LVWLQJUHDFWRUVIRU6566&V&)5



  •  0DWHULDOVTXDOLILFDWLRQ
  •  3UHVHUYLFHDQGULVNLQIRUPHGLQVHUYLFHLQVSHFWLRQV6HH5HJXODWRU\*XLGH
  •  3UHVHUYLFHDQGLQVHUYLFHWHVWLQJ,Q+/-VHUYLFHWHVWLQJQHHGVWREHLQWHJUDWHGZLWK5HOLDELOLW\

$VVXUDQFH3URJUDP

  •  6XUYHLOODQFHWHVWLQJ6XUYHLOODQFHUHTXLUHPHQWVDUHUHTXLUHPHQWVUHODWLQJWRWHVWFDOLEUDWLRQ

RULQVSHFWLRQWRDVVXUHWKDWWKHQHFHVVDU\TXDOLW\RIV\VWHPVDQGFRPSRQHQWVLVPDLQWDLQHG

WKDWIDFLOLW\RSHUDWLRQZLOOEHZLWKLQVDIHW\OLPLWVDQGWKDWWKHOLPLWLQJFRQGLWLRQVIRU

RSHUDWLRQZLOOEHPHW LHGHPRQVWUDWHWKHDELOLW\WRSHUIRUPWKHVDIHW\IXQFWLRQ 



F $OO1656766&VDUHVXEMHFWWRVSHFLDOWUHDWPHQWUHTXLUHPHQWV7KLV&KDSWHUVKRXOGGHVFULEHVSHFLDO

WUHDWPHQWUHTXLUHPHQWVDSSOLFDEOHWRHDFK1656766&7KHVHUHTXLUHPHQWVVKRXOGLQFOXGHVSHFLILF

SHUIRUPDQFHUHTXLUHPHQWVWRSURYLGHDGHTXDWHDVVXUDQFHWKDWWKH66&VZLOOEHFDSDEOHRISHUIRUPLQJ

WKHLU56)VZLWKVLJQLILFDQWPDUJLQVDQGZLWKDSSURSULDWHGHJUHHVRIUHOLDELOLW\7KHVHLQFOXGH

QXPHULFDOWDUJHWVIRU66&UHOLDELOLW\DQGDYDLODELOLW\GHVLJQPDUJLQVIRUSHUIRUPDQFHRIWKH56)V

DQGPRQLWRULQJRISHUIRUPDQFHDJDLQVWWKHVHWDUJHWVZLWKDSSURSULDWHFRUUHFWLYHDFWLRQVZKHQWDUJHWV

DUHQRWIXOO\UHDOL]HG$QRWKHUFRQVLGHUDWLRQLQWKHVHWWLQJRI66&SHUIRUPDQFHUHTXLUHPHQWVLVWKH

QHHGWRDVVXUHWKDWWKHUHVXOWVRIWKHSODQWFDSDELOLW\','HYDOXDWLRQGHVFULEHGLQ&KDSWHUDQGRI

WKHDSSOLFDWLRQ LQDFFRUGDQFHZLWK1(,(( DUHDFKLHYHGQRWMXVWLQWKHGHVLJQEXWLQWKHDVEXLOW

DQGDVRSHUDWHGDQGPDLQWDLQHGSODQWWKURXJKRXWWKHOLIHRIWKHSODQW



G $VVRFLDWHGWHVWLQJYDOLGDWLRQIRU1656766&V

6SHFLDOWUHDWPHQWUHTXLUHPHQWVIRU1656766&VPD\LQFOXGHWKHSHUIRUPDQFHRIURXWLQHWHVWLQJDQG

YDOLGDWLRQRI66&SHUIRUPDQFHFDSDELOLW\'HVFULEHDVDSSOLFDEOHWKHVSHFLDOWUHDWPHQWUHTXLUHPHQWV

IURP1(,7DEOHRQDFDVHE\FDVHEDVLVDQGLQWKHFRQWH[WRIWKH66&IXQFWLRQVLQWKH

SUHYHQWLRQDQGPLWLJDWLRQRIDSSOLFDEOH/%(V7KHVHVSHFLDOWUHDWPHQWLWHPVIRU1656766&VPD\

LQFOXGHWKHIROORZLQJ



  •  5HOLDELOLW\DVVXUDQFHWDUJHWV
  •  6HLVPLFTXDOLILFDWLRQ
  •  3UHVHUYLFHDQGULVNLQIRUPHGLQVHUYLFHLQVSHFWLRQV6HH5HJXODWRU\*XLGH
  •  3UHVHUYLFHDQGLQVHUYLFHWHVWLQJ,Q+/-VHUYLFHWHVWLQJQHHGVWREHLQWHJUDWHGZLWK5HOLDELOLW\

$VVXUDQFH3URJUDP

  •  6XUYHLOODQFHWHVWLQJ6XUYHLOODQFHUHTXLUHPHQWVDUHUHTXLUHPHQWVUHODWLQJWRWHVWFDOLEUDWLRQ

RULQVSHFWLRQWRDVVXUHWKDWWKHQHFHVVDU\TXDOLW\RIV\VWHPVDQGFRPSRQHQWVLVPDLQWDLQHG

'*((((3DJH

WKDWIDFLOLW\RSHUDWLRQZLOOEHZLWKLQVDIHW\OLPLWVDQGWKDWWKHOLPLWLQJFRQGLWLRQVIRU

RSHUDWLRQZLOOEHPHW LHGHPRQVWUDWHWKHDELOLW\WRSHUIRUPWKHVDIHW\IXQFWLRQ 





',03/(0(17$7,21



7KHSXUSRVHRIWKLVVHFWLRQLVWRSURYLGHLQIRUPDWLRQRQKRZDGYDQFHGUHDFWRUDSSOLFDQWVDQG

OLFHQVHHVPD\XVHWKLVJXLGHDQGLQIRUPDWLRQUHJDUGLQJWKH15&¶VSODQVIRUXVLQJWKLV5*,QDGGLWLRQLW

GHVFULEHVKRZWKH15&VWDIIFRPSOLHVZLWK&)5³%DFNILWWLQJ'DQGDQ\DSSOLFDEOHILQDOLW\

SURYLVLRQVLQ&)53DUW



8VHE\$SSOLFDQWVDQG/LFHQVHHV



$GYDQFHGUHDFWRUDSSOLFDQWVDQGOLFHQVHHVPD\YROXQWDULO\XVHWKHJXLGDQFHLQWKLVGRFXPHQWWR

GHPRQVWUDWHFRPSOLDQFHZLWKWKHXQGHUO\LQJ15&UHJXODWLRQV0HWKRGVRUVROXWLRQVWKDWGLIIHUIURP

WKRVHGHVFULEHGLQWKLV5*PD\EHGHHPHGDFFHSWDEOHLIWKH\SURYLGHVXIILFLHQWEDVLVDQGLQIRUPDWLRQIRU

WKH15&VWDIIWRYHULI\WKDWWKHSURSRVHGDOWHUQDWLYHGHPRQVWUDWHVFRPSOLDQFHZLWKWKHDSSURSULDWH15&

UHJXODWLRQV



$GYDQFHGUHDFWRUOLFHQVHHVPD\XVHWKHLQIRUPDWLRQLQWKLV5*IRUDFWLRQVWKDWGRQRWUHTXLUH

15&UHYLHZDQGDSSURYDOVXFKDVFKDQJHVWRDIDFLOLW\GHVLJQXQGHU&)5³&KDQJHV7HVWVDQG

([SHULPHQWV'1RQ/:5OLFHQVHHVPD\DOVRXVHWKHLQIRUPDWLRQLQWKLV5*RUDSSOLFDEOHSDUWVWRUHVROYH

UHJXODWRU\RULQVSHFWLRQLVVXHV



8VHE\15&6WDII



7KH15&VWDIIGRHVQRWLQWHQGRUDSSURYHDQ\LPSRVLWLRQRUEDFNILWWLQJRIWKHJXLGDQFHLQWKLV

5*%HFDXVHWKLVJXLGDQFHDSSOLHVRQO\WRDGYDQFHGUHDFWRUVDQGQRWWRSRZHUUHDFWRUVWKDWDUHODUJH

/:5VWKH15&VWDIIGRHVQRWH[SHFWDQ\H[LVWLQJOLFHQVHHWRXVHRUFRPPLWWRXVLQJWKHJXLGDQFHLQWKLV

5*7KH15&VWDIIGRHVQRWH[SHFWRUSODQWRUHTXHVWOLFHQVHHVWRYROXQWDULO\DGRSWWKLV5*WRUHVROYHD

JHQHULFUHJXODWRU\LVVXH7KH15&VWDIIGRHVQRWH[SHFWRUSODQWRLQLWLDWH15&UHJXODWRU\DFWLRQZKLFK

ZRXOGUHTXLUHWKHXVHRIWKLV5*([DPSOHVRIVXFKXQSODQQHG15&UHJXODWRU\DFWLRQVLQFOXGHLVVXDQFH

RIDQRUGHUUHTXLULQJWKHXVHRIWKH5*UHTXHVWVIRULQIRUPDWLRQXQGHU&)5 I DVWRZKHWKHUD

OLFHQVHHLQWHQGVWRFRPPLWWRXVHRIWKLV5*JHQHULFFRPPXQLFDWLRQRUSURPXOJDWLRQRIDUXOHUHTXLULQJ

WKHXVHRIWKLV5*ZLWKRXWIXUWKHUEDFNILWFRQVLGHUDWLRQ



'XULQJUHJXODWRU\GLVFXVVLRQVRQSODQWVSHFLILFRSHUDWLRQDOLVVXHVWKHVWDIIPD\GLVFXVVZLWKOLFHQVHHV

YDULRXVDFWLRQVFRQVLVWHQWZLWKVWDIISRVLWLRQVLQWKLV5*DVRQHDFFHSWDEOHPHDQVRIPHHWLQJWKH

XQGHUO\LQJ15&UHJXODWRU\UHTXLUHPHQW6XFKGLVFXVVLRQVZRXOGQRWRUGLQDULO\EHFRQVLGHUHGEDFNILWWLQJ

HYHQLISULRUYHUVLRQVRIWKLV5*DUHSDUWRIWKHOLFHQVLQJEDVLVRIWKHIDFLOLW\+RZHYHUXQOHVVWKLV5*LV



      

    

   

 



     

   





'*((((3DJH

SDUWRIWKHIDFLOLW\OLFHQVHWKHVWDIIPD\QRWUHSUHVHQWWRWKHOLFHQVHHWKDWWKHOLFHQVHH¶VIDLOXUHWRFRPSO\

ZLWKWKHSRVLWLRQVLQWKLV5*FRQVWLWXWHVDYLRODWLRQ



,IDOLFHQVHHYROXQWDULO\VHHNVDOLFHQVHDPHQGPHQWRUFKDQJHDQG  WKH15&VWDII¶V

FRQVLGHUDWLRQRIWKHUHTXHVWLQYROYHVDUHJXODWRU\LVVXHGLUHFWO\UHOHYDQWWRWKLVQHZRUUHYLVHG5*DQG

 WKHVSHFLILFVXEMHFWPDWWHURIWKLV5*LVDQHVVHQWLDOFRQVLGHUDWLRQLQWKHVWDII¶VGHWHUPLQDWLRQRIWKH

DFFHSWDELOLW\RIWKHOLFHQVHH¶VUHTXHVWWKHQWKHVWDIIPD\UHTXHVWWKDWWKHOLFHQVHHHLWKHUIROORZWKH

JXLGDQFHLQWKLV5*RUSURYLGHDQHTXLYDOHQWDOWHUQDWLYHSURFHVVWKDWGHPRQVWUDWHVFRPSOLDQFHZLWKWKH

XQGHUO\LQJ15&UHJXODWRU\UHTXLUHPHQWV7KLVLVQRWFRQVLGHUHGEDFNILWWLQJDVGHILQHGLQ

&)5 D  RUDYLRODWLRQRIDQ\RIWKHLVVXHILQDOLW\SURYLVLRQVLQ&)53DUW$GGLWLRQDOO\

DQH[LVWLQJDSSOLFDQWPD\EHUHTXLUHGWRFRPSO\ZLWKQHZUXOHVRUGHUVRUJXLGDQFHLI

&)5 D  DSSOLHV



,IDOLFHQVHHEHOLHYHVWKDWWKH15&LVHLWKHUXVLQJWKLV5*RUUHTXHVWLQJRUUHTXLULQJWKHOLFHQVHH

WRLPSOHPHQWWKHPHWKRGVRUSURFHVVHVLQWKLV5*LQDPDQQHULQFRQVLVWHQWZLWKWKHGLVFXVVLRQLQWKLV

,PSOHPHQWDWLRQVHFWLRQWKHQWKHOLFHQVHHPD\ILOHDEDFNILWDSSHDOZLWKWKH15&LQDFFRUGDQFHZLWKWKH

JXLGDQFHLQ15&0DQDJHPHQW'LUHFWLYH³0DQDJHPHQWRI)DFLOLW\6SHFLILF%DFNILWWLQJDQG

,QIRUPDWLRQ&ROOHFWLRQ' 5HI DQGLQ185(*³%DFNILWWLQJ*XLGHOLQHV' 5HI 

 

'*((((3DJH

$&521<06$%%5(9,$7,216+/-7R%H8SGDWHG



$22 DQWLFLSDWHGRSHUDWLRQDORFFXUUHQFH

%'%( EH\RQGGHVLJQEDVLVHYHQW

&)5 Code of Federal Regulations

&2/ FRPELQHGOLFHQVH

'& GHVLJQFHUWLILFDWLRQ

'%$ GHVLJQEDVLVDFFLGHQW

'%( GHVLJQEDVLVHYHQW

'%(+/ GHVLJQEDVLVH[WHUQDOKD]DUGOHYHO

'* GUDIWUHJXODWRU\JXLGH

',' GHIHQVHLQGHSWK

'2( 86'HSDUWPHQWRI(QHUJ\

)& IUHTXHQF\FRQVHTXHQFH

,$($ ,QWHUQDWLRQDO$WRPLF(QHUJ\$JHQF\

,'3 LQWHJUDWHGGHFLVLRQSDQHO

,7$$& LQVSHFWLRQVWHVWVDQDO\VHVDQGDFFHSWDQFHFULWHULD

,73 ,QLWLDO7HVW3URJUDP

/%( OLFHQVLQJEDVLVHYHQW

/03 /LFHQVLQJ0RGHUQL]DWLRQ3URMHFW

/:5 OLJKWZDWHUUHDFWRU

0+7*5 PRGXODUKLJKWHPSHUDWXUHJDVFRROHGUHDFWRU

0/ PDQXIDFWXULQJOLFHQVH

PUHP PLOOLUHP

1(, 1XFOHDU(QHUJ\,QVWLWXWH

15& 861XFOHDU5HJXODWRU\&RPPLVVLRQ

16567 QRQVDIHW\UHODWHGZLWKVSHFLDOWUHDWPHQW

20% 2IILFHRI0DQDJHPHQWDQG%XGJHW

35$ SUREDELOLVWLFULVNDVVHVVPHQW

35,60 3RZHU5HDFWRU,QQRYDWLYH6PDOO0RGXOH

5)'& UHTXLUHGIXQFWLRQDOGHVLJQFULWHULD

5* UHJXODWRU\JXLGH

57166 UHJXODWRU\WUHDWPHQWRIQRQVDIHW\V\VWHPV

6'$ VWDQGDUGGHVLJQDSSURYDO

65 VDIHW\UHODWHG

650 VWDIIUHTXLUHPHQWVPHPRUDQGXP

66& VWUXFWXUHV\VWHPDQGFRPSRQHQW

76 WHFKQLFDOVSHFLILFDWLRQ

86& United States Code



 

'*((((3DJH

5()(5(1&(6+/-7R%H'HYHORSHG





 



    

  

   

   

    

  



 &RSLHVRI,QWHUQDWLRQDO$WRPLF(QHUJ\$JHQF\ ,$($ GRFXPHQWVPD\EHREWDLQHGWKURXJKWKHLU:HEVLWH

,$($2UJRUE\ZULWLQJWKH,QWHUQDWLRQDO$WRPLF(QHUJ\$JHQF\32%R[:DJUDPHU6WUDVVH$

9LHQQD$XVWULD



 3XEOLFDWLRQVIURPWKH1XFOHDU(QHUJ\,QVWLWXWH 1(, DUHDYDLODEOHDWWKHLU:HEVLWHKWWSZZZQHLRUJRUE\

FRQWDFWLQJWKHKHDGTXDUWHUVDW1XFOHDU(QHUJ\,QVWLWXWH,6WUHHW1::DVKLQJWRQ'&3KRQH

)D[



'*((((3DJH

$SSHQGL[$

&RQVWUXFWLRQ3HUPLW$SSOLFDWLRQ*XLGDQFH



'HWDLOHG$GYDQFHG5HDFWRU&RQVWUXFWLRQ3HUPLW*XLGDQFH



7KLVJXLGDQFHLVLQWHQGHGIRU&3DSSOLFDWLRQVLQYROYLQJDGYDQFHGUHDFWRUVIROORZLQJWKHOLFHQVLQJ

PRGHUQL]DWLRQSURMHFWSURFHVV7KHJXLGDQFHLVEDVHGRQDQDSSOLFDWLRQXVLQJDULVNLQIRUPHG

SHUIRUPDQFHEDVHGDSSURDFKVXFKDVWKHDGYDQFHGUHDFWRUFRQWHQWRIDSSOLFDWLRQSURMHFW $5&$3 

ZKRVHSXUSRVHLVWRGHYHORSWHFKQRORJ\LQFOXVLYHULVNLQIRUPHGDQGSHUIRUPDQFHEDVHGDSSOLFDWLRQ

JXLGDQFH7KH$5&$3GRFXPHQWHGLQISG-XXX, Advanced Reactor Content of Application Interim Staff Guidance,LVEURDGDQGHQFRPSDVVHVWKHLQGXVWU\OHGWHFKQRORJ\LQFOXVLYHFRQWHQWRIDSSOLFDWLRQ

SURMHFW 7,&$3 7KLV&3JXLGDQFHUHIHUHQFHVDSSOLFDEOHJXLGDQFHGHYHORSHGWKURXJKWKH

$5&$37,&$3DFWLYLWLHVDVZHOODVJXLGDQFHGHULYHGIURPVHSDUDWHRQJRLQJUHJXODWRU\DFWLYLWLHV HJ

VHFXULW\DQGHPHUJHQF\SODQQLQJUXOHPDNLQJ DVQHFHVVDU\



7KH7,&$3JXLGDQFHWKDWLVEHLQJGHYHORSHGLQSDUDOOHOZLWKWKHJXLGDQFHIRXQGLQWKLVGRFXPHQWLV

EDVHGRQWKH/LFHQVLQJ0RGHUQL]DWLRQ3URMHFW /03 GHVFULEHGLQ1(,5HYLVLRQ³5LVN

,QIRUPHG3HUIRUPDQFH%DVHG*XLGDQFHIRU1RQ/LJKW:DWHU5HDFWRU/LFHQVLQJ%DVLV'HYHORSPHQW'DV

HQGRUVHGE\WKH15&LQ5HJXODWRU\*XLGH 5* ³*XLGDQFHIRUD7HFKQRORJ\,QFOXVLYH5LVN

,QIRUPHGDQG3HUIRUPDQFH%DVHG0HWKRGRORJ\WR,QIRUPWKH/LFHQVLQJ%DVLVDQG&RQWHQWRI

$SSOLFDWLRQVIRU/LFHQVHV&HUWLILFDWLRQVDQG$SSURYDOVIRU1RQ/LJKW:DWHU5HDFWRUV'6HYHUDO

YHQGRUVKDYHLQGLFDWHGWKDWWKH\SODQWRLPSOHPHQWWKH/03WRGHYHORSWKHOLFHQVLQJEDVLVIRUWKHLU

DSSOLFDWLRQV$VVXFKSURFHVVHVIURPWKH/03DQGLQLWLDOJXLGDQFHUHIHUHQFLQJ7,&$3DQG$5&$3

GUDIWGRFXPHQWVDUHUHIHUHQFHGWKURXJKRXWWKLVGRFXPHQW



7KH$5&$3JXLGDQFHLVFXUUHQWO\XQGHUGHYHORSPHQWDQGLVLQWHQGHGWREHXVHGLQFRQMXQFWLRQZLWKWKH

JXLGDQFHLQWKLVGRFXPHQWIRUWKHUHYLHZRIDQRQ/:5&3DSSOLFDWLRQ%HFDXVH$5&$37,&$3LVLQ

LWVHDUO\VWDJHVWKLVGRFXPHQWLWDOLFL]HV15&JXLGDQFHDQGLQGXVWU\VWDQGDUGVWKDWDUHXQGHUGHYHORSPHQW

WKDWDUHQRW\HWIRUPDOO\HQGRUVHG7KHVHLWDOLFVZLOOEHUHPRYHGLQIXWXUHUHYLVLRQVWRWKHGRFXPHQWDV

WKH$5&$37,&$3JXLGDQFHDQGRWKHU15&JXLGDQFHDQG,QGXVWU\VWDQGDUGVWRUHIOHFWWKHDSSURSULDWH

HQGRUVHGJXLGDQFH



+RZHYHUDSSOLFDQWVDUHQRWUHTXLUHGWRXWLOL]HWKH7,&$3/03DSSURDFKDQGPD\LQVWHDGXVHDQRWKHU

PHWKRGRORJ\ HJWUDGLWLRQDOGHWHUPLQLVWLFDSSURDFKPD[LPXPK\SRWKHWLFDODFFLGHQW WRDQDO\]HQRQ

/:5SHUIRUPDQFHDQGGHYHORSDOLFHQVLQJEDVLV7KH7,&$3/03SURFHVVIRUPVWKHEDVLVIRUWKLV

JXLGDQFHDOWKRXJKLQVRPHDUHDVWKHJXLGDQFHSURYLGHVDGGLWLRQDOFRQVLGHUDWLRQVIRUDFFHSWDEO\

DGGUHVVLQJDVSHFLILFWRSLFZKHQD7,&$3/03DSSURDFKLVQRWXVHG$VQRWHGDERYHDSSOLFDQWVDUH

HQFRXUDJHGWRXVHWKHSUHDSSOLFDWLRQSURFHVVWRRSWLPL]HUHYLHZVZKLFKLVHVSHFLDOO\LPSRUWDQWLIDQ

DSSOLFDQWLQWHQGVWRXVHDSURFHVVRWKHUWKDQWKH/03WRGHYHORSWKHLUOLFHQVLQJEDVLV5HJDUGOHVVWKH

UHYLHZJXLGDQFHLQWKLVGRFXPHQWLVOLPLWHGLQVFRSH7KH15&VWDIIVKRXOGFRQWLQXHWRFRQVXOWRWKHU

HVWDEOLVKHGJXLGDQFHGRFXPHQWVDVDSSOLFDEOHWRFRPSOHWHUHYLHZVRIQRQ/:5DSSOLFDWLRQV



7KLVJXLGDQFHDGGUHVVHVWKHPLQLPXPLQIRUPDWLRQQHFHVVDU\LQD&3DSSOLFDWLRQIRUWKH15&VWDIIWR

LVVXHD&3XQGHU7LWOHRIWKHCode of Federal Regulations &)5  D ZKHQWKHDSSOLFDQWKDV

QRWVXSSOLHGDOORIWKHWHFKQLFDOLQIRUPDWLRQUHTXLUHGWRFRPSOHWHWKHDSSOLFDWLRQ LH&)5 D 

DQGVXSSRUWWKHLVVXDQFHRID&3ZKLFKDSSURYHVDOOSURSRVHGGHVLJQIHDWXUHV LHREWDLQVILQDOLW\IRUWKH





,QWKLVFRQWH[W³PD[LPXPK\SRWKHWLFDODFFLGHQW'UHIHUVWRDFRQVHUYDWLYHO\DVVHVVHGGHWHUPLQLVWLFDFFLGHQWZLWK

FRQVHTXHQFHVWKDWERXQGWKHIXOOVSHFWUXPRIDFFLGHQWFRQGLWLRQVIRUWKHSODQWDQGLVQRWQHFHVVDULO\DFUHGLEOH

HYHQW

'*((((3DJH

GHVLJQ :KHQPDNLQJLWVVDIHW\ILQGLQJUHJDUGLQJWKHLVVXDQFHRID&3XQGHU&)5 D WKH15&

VWDIIVKRXOGPDNHWKHGHWHUPLQDWLRQWKDWWKHDSSOLFDWLRQ



 'HVFULEHVWKHSURSRVHGGHVLJQRIWKHIDFLOLW\LQFOXGLQJEXWQRWOLPLWHGWR

D WKHSULQFLSDODUFKLWHFWXUDODQGHQJLQHHULQJFULWHULDIRUWKHGHVLJQDQG

E WKHPDMRUIHDWXUHVRUFRPSRQHQWVLQFRUSRUDWHGWKHUHLQIRUWKHSURWHFWLRQRIWKHKHDOWKDQG

VDIHW\RIWKHSXEOLF

 'HVFULEHVVDIHW\IHDWXUHVRUFRPSRQHQWVLIDQ\ZKLFKUHTXLUHUHVHDUFKDQGGHYHORSPHQW

SURJUDPQHFHVVDU\WRUHVROYHDQ\VDIHW\TXHVWLRQVDVVRFLDWHGZLWKVXFKIHDWXUHVRU

FRPSRQHQWV

 3URYLGHVFRPPLWPHQWVWKDWVXFKVDIHW\TXHVWLRQVZLOOEHVDWLVIDFWRULO\UHVROYHGDWRUEHIRUH

WKHODWHVWGDWHVWDWHGLQWKHDSSOLFDWLRQIRUFRPSOHWLRQRIFRQVWUXFWLRQRIWKHSURSRVHGIDFLOLW\

DQG

 'HVFULEHVWKHVLWHFULWHULDFRQWDLQHGLQ&)53DUWDQGEDVHGRQWKDWFULWHULDFRQFOXGHV

WKDWWKHSURSRVHGIDFLOLW\FDQEHFRQVWUXFWHGDQGRSHUDWHGDWWKHSURSRVHGORFDWLRQZLWKRXW

XQGXHULVNWRWKHKHDOWKDQGVDIHW\RIWKHSXEOLF



KHUHDQDSSOLFDQWGHVLUHVGHVLJQILQDOLW\UHJDUGLQJDVSHFLILFWRSLFWKH15&VWDIIVKRXOGUHYLHZWKDWWKH

DSSOLFDWLRQKDVSURYLGHGVXIILFLHQWLQIRUPDWLRQDERXWWKHWRSLFDWDOHYHORIGHWDLOWKDWLVH[SHFWHGDWWKH

RSHUDWLQJOLFHQVH 2/ VWDJH7KHJXLGDQFHWKDWIROORZVLVOLPLWHGWRWKHILUVWFKDSWHUVRIWKH

SUHOLPLQDU\VDIHW\DQDO\VLVUHSRUW 36$5 FRQVLVWHQWZLWKWKHVFRSHDQGPHWKRGRORJ\GHVFULEHGLQ

1XFOHDU(QHUJ\,QVWLWXWH 1(, ((³;<=')RU&3JXLGDQFHRXWVLGHWKHILUVWFKDSWHUVRIWKH36$5

UHIHUWRdraft $5&$3,6*



6SHFLILF7RSLF*XLGDQFH



 *HQHUDO3ODQWDQG6LWH'HVFULSWLRQ

7KH15&VWDIIVKRXOGUHYLHZDSSOLFDWLRQFRQWHQWWRHQVXUHWKDWWKHIROORZLQJLQIRUPDWLRQLVLQFOXGHG

D 2YHUYLHZRIWHFKQRORJ\ VL]HRIWKHUHDFWRUDQGSODQQHGFRPPHUFLDODSSOLFDWLRQRIWKH

GHVLJQ²SRZHUSURGXFWLRQLQGXVWULDODSSOLFDWLRQHWF LQFOXGLQJUHIHUHQFHVWRSUHYLRXV

H[SHULHQFHZLWKVLPLODUGHVLJQVDQGWHFKQRORJ\



E *HQHUDOSODQWDQGVLWHFKDUDFWHULVWLFVLQFOXGLQJ

L 7KHVSHFLILFQXPEHUW\SHOLIHWLPHDQGWKHUPDOSRZHUOHYHORIWKHIDFLOLWLHVRUUDQJH

RISRVVLEOHIDFLOLWLHVIRUZKLFKWKHVLWHPD\EHXVHG

LL *HQHUDOGHVFULSWLRQRIWKHLPSRUWDQWSODQWGHVLJQDQGRSHUDWLRQDOIHDWXUHVLQ

VXIILFLHQWGHWDLOWRDOORZWKHUHYLHZHUWRXQGHUVWDQGKRZWKHSODQWRSHUDWHVLQQRUPDO

DQGRIIQRUPDOFRQGLWLRQVLQFOXGLQJUHIXHOLQJ7KHGHVFULSWLRQVKRXOGLQFOXGHWKH

PDMRUSODQWVWUXFWXUHVV\VWHPVDQGFRPSRQHQWV 66&V DQGUHOLHGXSRQWRPHHWWKH

UHJXODWLRQV7KHLPSRUWDQWFKDUDFWHULVWLFV FRRODQWPRGHUDWRUIXHOGHVLJQQHXWURQ

VSHFWUDPDWHULDOVHWF RIWKHGHVLJQ'UDZLQJVDQGRWKHUPDWHULDODVQHFHVVDU\WR

XQGHUVWDQGWKHGHVLJQ

LLL $GHVFULSWLRQRIKRZWKHGHVLJQDFFRPSOLVKHVWKHIXQGDPHQWDOVDIHW\IXQFWLRQVRI

FRQWUROOLQJUHDFWLYLW\KHDWUHPRYDODQGUDGLRQXFOLGHUHWHQWLRQLQFOXGLQJVSHQWIXHO

VWRUDJHDQGFRROLQJVKRXOGEHSURYLGHG

LY 7KH3ULQFLSDO'HVLJQ&ULWHULD 3'&V DSSOLFDEOHWRWKHGHVLJQ IRUDGGLWLRQDO

JXLGDQFHRQVHOHFWLQJ3'&VUHIHUWR5*³*XLGDQFHIRU'HYHORSLQJ3ULQFLSDO

'HVLJQ&ULWHULDIRU1RQ/LJKW:DWHU5HDFWRUV'

'*((((3DJH

Y $VXPPDU\RIWKHDSSURDFKXVHGLQFRQGXFWLQJWKHVDIHW\DQDO\VLVLQFOXGLQJ

/LFHQVLQJ%DVLV(YHQWV /%(V LQFOXGLQJ'HVLJQ%DVLV$FFLGHQWV '%$V VDIHW\

FODVVLILFDWLRQRI66&VDQGWKHLUSHUIRUPDQFHUHTXLUHPHQWVDQGVSHFLDOWUHDWPHQWV

DGHTXDF\RIGHIHQVHLQGHSWK ',' DQGWKHRYHUDOODFFHSWDQFHFULWHULDXVHG

YL 2YHUYLHZRIWKHDQDO\WLFDOFRGHVDQGDQDO\VLVPHWKRGVXVHG

YLL 7KHORFDWLRQDQGERXQGDULHVRIWKHVLWH

YLLL 7KHSURSRVHGJHQHUDOORFDWLRQRIHDFKPDMRUVWUXFWXUHRQWKHVLWH



F 1RYHOGHVLJQIHDWXUHV+/-SURYLGHDGHVFULSWLRQRIQRYHOGHVLJQIHDWXUHV VXFKDVSDVVLYH

V\VWHPVLQKHUHQWVDIHW\IHDWXUHVRUVLPSOLILHGFRQWUROIHDWXUHV WKDWPD\EHXVHGLQVDIHW\

UHODWHGRUVDIHW\VLJQLILFDQW66&V7RSLFVWREHFRQVLGHUHGEH\RQGWKHUHDFWRUV\VWHPLQFOXGH

XQLTXHIHDWXUHVVXFKDVVHLVPLFLVRODWRUVQRYHOGLJLWDOLQVWUXPHQWDWLRQDQGFRQWUROV\VWHPV

VHFXULW\IHDWXUHVRUQRYHODSSURDFKHVWRSURJUDPV



G ,GHQWLI\WKHDSSOLFDELOLW\RI*HQHULF6DIHW\,VVXHV8QUHVROYHG6DIHW\,VVXHVDQG7KUHH0LOH

,VODQGDFWLRQLWHPVWRWKHGHVLJQDQGWKHLUSURSRVHGUHVROXWLRQ



H ,GHQWLI\WKH5*VDSSOLFDEOHWRWKHGHVLJQDQGDQ\SURSRVHGH[FHSWLRQV



I ,GHQWLI\WKHFRQVHQVXVGHVLJQFRGHVDQGVWDQGDUGV $60($16,,(((HWF XVHGLQWKH

GHVLJQDORQJZLWKZKDW66&VWKH\DSSO\WR



 0HWKRGRORJLHVDQG$QDO\VHV

D 6RXUFH7HUPV

7KH15&VWDIIVKRXOGUHYLHZWKHVRXUFHWHUPPHWKRGRORJ\XVHGE\WKHDSSOLFDQWWRLQFOXGH

WKHYDOLGDWLRQDQGYHULILFDWLRQRIWKHDVVRFLDWHGHQJLQHHULQJFRPSXWHUSURJUDPV7KHVRXUFH

WHUPGHYHORSPHQWQHHGVWRLQFOXGHUDGLRORJLFDOVRXUFHWHUPVIRUDFFLGHQWDQDO\VLVURXWLQH

HIIOXHQWVUDGZDVWHV\VWHPGHVLJQVKLHOGLQJGHVLJQDQGHTXLSPHQWTXDOLILFDWLRQ7KH15&

VWDIIVKRXOGFRQVLGHUWKHJXLGDQFHDQGUHIHUHQFHVIRXQGLQ6(&<³$FFLGHQW6RXUFH

WHUPVDQG6LWLQJIRU6PDOO0RGXODU5HDFWRUVDQG1RQ/LJKW:DWHU5HDFWRUV'

0/$ IRUDGGLWLRQDOLQIRUPDWLRQUHJDUGLQJH[SHFWHG&3DSSOLFDWLRQFRQWHQWLQWKLV

DUHD



E 35$

7KH15&VWDIIVKRXOGUHYLHZWKHGHVFULSWLRQDQGUHVXOWVRIWKHDSSOLFDQW¶V35$GHVFULEHGLQ

D&3DSSOLFDWLRQ7KHSODQWGHVLJQDQGWKHDVVRFLDWHG35$DWWKH&3DSSOLFDWLRQVWDJHDUHOHVV

PDWXUHUHODWLYHWRWKH2SHUDWLQJ/LFHQVHDQGDFFRUGLQJO\DUHFRQVLGHUHGWREHSUHOLPLQDU\

7KHUHIRUHWKHGHVFULSWLRQRIWKH35$LVDKLJKOHYHORYHUYLHZRUVXPPDU\WKDWFRYHUVWRSLFV

VXFKDVWKHPHWKRGRORJ\VFRSHDQGDFFHSWDELOLW\RIWKH35$:KHQDVVHVVLQJWKH

DFFHSWDELOLW\RIWKH35$WKH15&VWDIIVKRXOGFRQVLGHUDQ\VHOIDVVHVVPHQWXVHRIWKHQRQ

/:535$VWDQGDUG $60($165$6 LQFOXGLQJDQ\H[FHSWLRQVDQGRUSHHU

UHYLHZSHUIRUPHGE\WKHDSSOLFDQWFRPPHQVXUDWHZLWKWKHSODQWGHVLJQDQG35$

GHYHORSPHQWVWDJH7KHGHVFULSWLRQRI35$VKRXOGDOVRGLVFXVVKRZLQVLJKWVJDLQHGIURPWKH

35$KDYHEHHQDQGZLOOEHXVHGGXULQJWKHGHVLJQDQGFRQVWUXFWLRQRIWKHSODQW7KH15&

VWDIIVKRXOGH[DPLQHWKHPHWKRGVXVHGRUWREHXVHGWRFRQGXFWDWKRURXJKDQGV\VWHPDWLF

VHDUFKIRULQLWLDWLQJHYHQWV VXFKDVWKHXVHRIPDVWHUORJLFGLDJUDPVKHDWEDODQFHIDXOWWUHHV

SURFHVVKD]DUGVDQDO\VLVIDLOXUHPRGHVDQGHIIHFWVDQDO\VLVRSHUDWLQJH[SHULHQFHUHYLHZV

HWF 7KHUHVXOWVRI35$VKRXOGVXPPDUL]HWKHNH\RXWSXWVRIWKH35$LQFOXGLQJULVN

VLJQLILFDQW/%(V66&VDQGKXPDQDFWLRQVDVZHOODVRWKHUULVNLQVLJKWVVXFKDVWKRVHRQ

'*((((3DJH

GHIHQVHLQGHSWK7KHUHVXOWVVKRXOGDOVRGLVFXVVWKHXQFHUWDLQW\DQDO\VLVDQGVHQVLWLYLW\

DQDO\VLVSHUIRUPHG7KH15&VWDIIUHYLHZVWKHSODQQHGIXUWKHUGHYHORSPHQWRIWKH35$DQG

WKHXVHRILWVUHVXOWVWRKHOSUHVROYHDQ\VDIHW\TXHVWLRQVDVVRFLDWHGZLWKWKHPDMRUIHDWXUHVRU

FRPSRQHQWVLGHQWLILHGLQD&3DSSOLFDWLRQ



,QRUGHUIRUWKH15&VWDIIWRFRQFOXGHWKDWWKH35$LVRIVXIILFLHQWVFRSHDQGWHFKQLFDO

DGHTXDF\WRVXSSRUWD&3DSSOLFDWLRQWKHVWDIIQHHGVWREHDVVXUHGWKDW



  •  7KH35$GHVFULSWLRQDGGUHVVHVWKHPHWKRGRORJ\XVHGLQFOXGHVDGLVFXVVLRQ

UHJDUGLQJLQLWLDWLQJHYHQWVLQFOXGHVNH\RXWSXWVDQGULVNLQVLJKWVDQGGHVFULEHV

IXUWKHUSODQVIRU35$GHYHORSPHQWDQGXVH

  •  7KHPHWKRGRORJ\LVJHQHUDOO\FRQVLVWHQWZLWKHLWKHUFRQVHQVXVLQGXVWU\VWDQGDUGVRU

JRRGLQGXVWU\SUDFWLFHV

  •  7KHVHDUFKIRULQLWLDWLQJHYHQWVZDVFRPSOHWHJLYHQWKHOHYHORIGHVLJQFRPSOHWHQHVV
  •  7KH35$UHVXOWVZHUHSURSHUO\GHULYHG
  •  ,QVLJKWVLGHQWLILHGZHUHLQFRUSRUDWHGLQWRSUHOLPLQDU\GHVLJQV



7KHUHYLHZHUVKRXOGILUVWXQGHUVWDQGWKHFRQWH[WLQZKLFKWKH35$LVEHLQJXVHGZKLFK

LQFOXGHVWKHGHVFULSWLRQDQGUHVXOWVRIWKH35$7KHGHVFULSWLRQRI35$VKRXOGLQFOXGHWKH

NH\35$DVVXPSWLRQV7RDVVHVVWKHTXDOLW\RIWKH35$IRUWKHGHFLVLRQPDNLQJLQVXSSRUW

RIWKHDSSOLFDWLRQLWLVH[SHFWHGWKDWWKHDSSOLFDQWVFRQIRUPZLWKWKHJXLGDQFHSURYLGHGLQ

6HFWLRQ³3UREDELOLVWLF5LVN$VVHVVPHQW'RI1(,(([UHJDUGLQJWKHFRQWHQWRID6$5

UHODWHGWR35$



,QDGGLWLRQWKHIUHTXHQFLHVDQGSUREDELOLWLHVVKRXOGEHDSSURSULDWHO\HVWLPDWHGDQGWKH

HQJLQHHULQJDQDO\VHVDVVXPSWLRQVDQGDSSUR[LPDWLRQVXVHGLQGHYHORSLQJWKH35$PRGHOEH

DSSURSULDWHDQGVKRXOGGHPRQVWUDWHWKHUREXVWQHVVZLWKUHVSHFWWRWKHXQFHUWDLQWLHVLQWKH

DVVHVVPHQW



7KH15&VWDIIVKRXOGPDNHHYDOXDWLRQILQGLQJVWKDWWKH35$KDVEHHQSHUIRUPHGLQVXFKD

ZD\WKDWWKH35$UHVXOWVDUHUHDVRQDEOHEDVHGRQWKHOHYHORIPDWXULW\RIWKHGHVLJQDQG

LQIRUPDWLRQSURYLGHGLQWKH6$5LVUHDVRQDEOHDQGVXIILFLHQWWRVXSSRUWWKHILQGLQJV



F 6DIHW\DQG$FFLGHQW$QDO\VLV

7KHVWDIIVKRXOGUHYLHZWKHVDIHW\DQGDFFLGHQWDQDO\VLVXVHGE\WKHDSSOLFDQWWRVXSSRUW

ILQGLQJVDVVRFLDWHGZLWK&)5 D  7KLVUHYLHZVKRXOGFRQVLGHUWKDWWKH

UHTXLUHPHQWXQGHU&)5 H  LLL WKDWVXIILFLHQWGDWDH[LVWRQWKHVDIHW\IHDWXUHVRI

WKHGHVLJQWRDVVHVVWKHDQDO\WLFDOWRROVXVHGIRUVDIHW\DQDO\VLVLVQRWDSSOLFDEOHWRD&3

$FFRUGLQJO\HYDOXDWLRQRIWKHVDIHW\PDUJLQVXVLQJDSSURYHGHYDOXDWLRQPRGHOVLVQRW

UHTXLUHGWRVXSSRUWD&3+RZHYHUSUHOLPLQDU\DQDO\VHVVKRXOGEHDYDLODEOHWRVXSSRUW

UHDVRQDEOHDVVXUDQFHILQGLQJVWKDW



 7KHGHVLJQZLOOEHDEOHWRSURYLGHVXIILFLHQWPDUJLQVRIVDIHW\GXULQJQRUPDORSHUDWLRQV

DQGWUDQVLHQWFRQGLWLRQV

 7KHDSSOLFDQWKDVLGHQWLILHGWKHVWUXFWXUHVV\VWHPVDQGFRPSRQHQWVQHFHVVDU\IRUWKH

SUHYHQWLRQRIDFFLGHQWVDQGWKHPLWLJDWLRQRIWKHFRQVHTXHQFHVRIDFFLGHQWV

 7KHDSSOLFDQWKDVGHPRQVWUDWHGDQXQGHUVWDQGLQJRIWKHXQFHUWDLQW\DVVRFLDWHGZLWKWKH

SHUIRUPDQFHRIVWUXFWXUHVV\VWHPVDQGFRPSRQHQWVQHFHVVDU\IRUWKHSUHYHQWLRQRI

DFFLGHQWVDQGWKHPLWLJDWLRQRIWKHFRQVHTXHQFHVRIDFFLGHQWV



'*((((3DJH

,WLVQRWHGWKDWLWHPVDERYHDUHFORVHO\UHODWHG HJDQXQGHUVWDQGLQJRIWKHXQFHUWDLQWLHV

XQGHULWHPLVHVVHQWLDOWRDQXQGHUVWDQGLQJRIWKHPDUJLQXQGHULWHP $GGLWLRQDOO\LWHPV

DQGVXSSRUWVWDIIILQGLQJVDVVRFLDWHGZLWK&)5 D  WKDWVDIHW\IHDWXUHVRU

FRPSRQHQWVZKLFKUHTXLUHUHVHDUFKDQGGHYHORSPHQWKDYHEHHQGHVFULEHGDQGWKDWWKHUHZLOO

EHFRQGXFWHGDUHVHDUFKDQGGHYHORSPHQWSURJUDPUHDVRQDEO\GHVLJQHGWRUHVROYHDQ\VDIHW\

TXHVWLRQVDVVRFLDWHGZLWKVXFKIHDWXUHVRUFRPSRQHQWV VHH6HFWLRQRQ5HVHDUFK 

'HYHORSPHQW $GGLWLRQDOO\WKHUHYLHZRIWKHVDIHW\DQDO\VLVVKRXOGFRQVLGHUWKH

LGHQWLILFDWLRQRIOLFHQVLQJEDVLVHYHQWV VHH6HFWLRQRQOLFHQVLQJEDVLVHYHQWV 



G 6LWH,QIRUPDWLRQ

7KH15&VWDIIVKRXOGUHYLHZWKHVLWHLQIRUPDWLRQLQWKHDSSOLFDWLRQ*XLGDQFHUHJDUGLQJ

VSHFLILFLQIRUPDWLRQFRQWHQWIRUWKLVVHFWLRQFDQEHIRXQGLQGUDIWARCAP ISG, Site Information' IRUDSSOLFDWLRQVXVLQJWKH/03DSSURDFK and [forthcoming] Staff Requirements Memorandum (SRM) to SECY-20-0045, Population-Related Siting Considerations for Advanced Reactors, IRUJXLGDQFHUHJDUGLQJSRSXODWLRQGLVWULEXWLRQ7KH

UHOHYDQWWRSLFVDUHDVDUH

L 6LWH&KDUDFWHULVWLFVDQG6LWH3DUDPHWHUV 2YHUYLHZ 

LL *HRJUDSK\DQG'HPRJUDSK\

  6LWH/RFDWLRQDQG'HVFULSWLRQ

  ([FOXVLRQ$UHD$XWKRULW\DQG&RQWURO

  3RSXODWLRQ'LVWULEXWLRQ

LLL 1HDUE\,QGXVWULDO7UDQVSRUWDWLRQDQG0LOLWDU\)DFLOLWLHV

LY 5HJLRQDO&OLPDWRORJ\/RFDO0HWHRURORJ\DQG$WPRVSKHULF'LVSHUVLRQ

Y +\GURORJLFDO'HVFULSWLRQ

  )ORRGV

  )ORRGLQJ3URWHFWLRQ

  *URXQGZDWHU

YL *HRORJ\6HLVPRORJ\DQG*HRWHFKQLFDO(QJLQHHULQJ

  *HRORJLF+D]DUGV

  9LEUDWRU\*URXQG0RWLRQ

  6XUIDFH'HIRUPDWLRQ

  6WDELOLW\RI6XEVXUIDFH0DWHULDOVDQG)RXQGDWLRQV

  6WDELOLW\RI6ORSHV

YLL 6XPPDU\RI'HVLJQ%DVLV([WHUQDO+D]DUGV



 /LFHQVLQJ%DVLV(YHQWV

7KH15&VWDIIVKRXOGUHYLHZWKHSURFHVVGHVFULEHGLQWKHDSSOLFDWLRQIRUVHOHFWLRQRI/%(VDQG

FODVVLILFDWLRQDQGWUHDWPHQWRI66&V2QHDFFHSWDEOHDSSURDFKLVGHVFULEHGLQ5*ZKLFK

FODVVLILHV/%(VDVHLWKHU$QWLFLSDWHG2SHUDWLRQDO2FFXUUHQFHV $22V 'HVLJQ%DVLV(YHQWV '%(V 

%H\RQG'HVLJQ%DVLV(YHQWV %'%(V RU'%$V'%$VDUHVHOHFWHGIURPWKHVHWRI'%(V2WKHU

ULVNLQIRUPHGDSSURDFKHVZLOOQHHGWREHUHYLHZHGHYDOXDWHGDQGGHWHUPLQHGDFFHSWDEOHE\WKHVWDII

5HJDUGOHVVRIWKHDSSURDFKGHVFULEHGIRUDGGUHVVLQJ/%(VDQGFODVVLILFDWLRQDQGWUHDWPHQWRI66&V

WKHVWDIIUHYLHZVKRXOGHQVXUHWKDWWKHDSSOLFDWLRQDGHTXDWHO\GHVFULEHVWKHDQDO\VLVRIWKH

UDGLRORJLFDOFRQVHTXHQFHVRIDFFLGHQWVWRVKRZFRPSOLDQFHZLWK&)5 D  WRLQFOXGHWKH

IROORZLQJ



D 'LVFXVVLRQRIVHOHFWHG'%$V7KH15&VWDIIVKRXOGHQVXUHWKDWWKHVSHFWUXPRI'%$V

LQFOXGHVWKRVH'%$VWKDWSUHVHQWWKHJUHDWHVWFKDOOHQJHZLWKUHVSHFWWRFDOFXODWHGILVVLRQ

SURGXFWUHOHDVHV

'*((((3DJH



E 'LVFXVVLRQRIDFFLGHQWVRXUFHWHUPV7KH15&VWDIIVKRXOGFRQVLGHUWKHIROORZLQJ

L 7KHLGHQWLILFDWLRQRIUDGLRQXFOLGHUHOHDVHPHFKDQLVPVIURPIXHOWKHDVVRFLDWHG

OLPLWVDQGWKHFRQWULEXWLRQWRVRXUFHWHUPDUHRUZLOOEHVXSSRUWHGE\H[SHULPHQWDO

GDWDWKDWFRYHUWKHQHHGHGUDQJHRIDSSOLFDELOLW\

LL 7KHSHUIRUPDQFHRIILVVLRQSURGXFWEDUULHUVFUHGLWHGWRSUHYHQWDQGRULQKLELWWKH

UHOHDVHRIUDGLRQXFOLGHVDUHRUZLOOEHVXSSRUWHGE\H[LVWLQJRUSODQQHGH[SHULPHQWDO

GDWDWKDWFRYHUWKHQHHGHGUDQJHRIDSSOLFDELOLW\



7KH15&VWDIIVKRXOGHYDOXDWHWKHDSSOLFDQW¶VXVHRIERXQGLQJDVVXPSWLRQVDQGFRQVHUYDWLYH

PRGHOLQJWRDFFRXQWIRUWKHXQFHUWDLQW\LQILQDOGHVLJQGHWDLOV)RUUHYLHZRIPHFKDQLVWLF

VRXUFHWHUPV LISURYLGHG DGGLWLRQDOLQIRUPDWLRQRQGHYHORSPHQWRIDFFLGHQWVRXUFHWHUPV

FDQEHIRXQGLQ>,1/SDSHU@³7HFKQRORJ\,QFOXVLYH'HWHUPLQDWLRQRI0HFKDQLVWLF6RXUFH

7HUPVIRU2IIVLWH'RVH5HODWHG$VVHVVPHQWVIRU$GYDQFHG1XFOHDU5HDFWRU)DFLOLWLHV'

0/$ 7KHVWDIIVKRXOGFRQVLGHU6(&<³$FFLGHQW6RXUFH7HUPVDQG

6LWLQJIRU6PDOO0RGXODU5HDFWRUVDQG1RQ/LJKW:DWHU5HDFWRUV'IRUJXLGDQFHRQ

PHFKDQLVWLFVRXUFHWHUPV



F 'LVFXVVLRQRIWKHPDMRU66&VRIWKHIDFLOLW\WKDWDUHLQWHQGHGWRPLWLJDWHWKHUDGLRORJLFDO

FRQVHTXHQFHVRID'%$ZLWKDGHVFULSWLRQRIKRZWKHWKUHHIXQGDPHQWDOVDIHW\IXQFWLRQVDUH

DFFRPSOLVKHGIRUHDFK'%$0DMRU66&VRIWKHIDFLOLW\LQFOXGHWKRVHWKDWPD\DIIHFWWKH

SHUIRUPDQFHRIEDUULHUVWKDWUHVWULFWRUOLPLWWKHWUDQVSRUWRIUDGLRDFWLYHPDWHULDOVIURPWKH

IXHOWRWKHSXEOLF LHWKDWEHDUVLJQLILFDQWO\RQWKHDFFHSWDELOLW\RIWKHVLWHXQGHUWKH

UDGLRORJLFDOFRQVHTXHQFHHYDOXDWLRQIDFWRUVLGHQWLILHGLQ&)5 D  7KHVWDII¶V

UHYLHZVKRXOGLQFOXGHLGHQWLILFDWLRQRIWKHGHVLJQEDVLVIRUWKH66&V HJFRGHVDQG

VWDQGDUGVWREHIROORZHGVHLVPLFFDWHJRULHVHWF DVZHOODVWKH66&ILVVLRQSURGXFWUHPRYDO

PHFKDQLVPV7KLVLQFOXGHVQDWXUDOILVVLRQSURGXFWUHPRYDOSURFHVVHVRUIRUXQLTXHIHDWXUHVRI

WKHGHVLJQWKDWPD\UHTXLUHDGGLWLRQDOLQIRUPDWLRQIURPWKHDSSOLFDQWWRIXOO\H[SODLQWKH

SURFHVVEHLQJFUHGLWHGWKHDPRXQWRIUHPRYDOEHLQJFUHGLWHG VSHFLILFDOO\GHFRQWDPLQDWLRQ

IDFWRUVRUFRHIILFLHQWVDQGWLPLQJ EDVLVIRUWKHSURSRVHGYDOXHVDQGLQSXWVWRWKHGRVH

DQDO\VLVFDOFXODWLRQDQGWKHMXVWLILFDWLRQIRUDVVXPLQJWKHUHPRYDOSURFHVVLVDSSOLFDEOHWR

WKHGHVLJQRIWKHSODQWIRUWKHGXUDWLRQRIWKHHYHQW



G 'LVFXVVLRQRIWKHFKDUDFWHULVWLFVRIILVVLRQSURGXFWUHOHDVHVIURPWKHSURSRVHGVLWHWRWKH

HQYLURQPHQWLQFOXGLQJWKHUDWHVRIILVVLRQSURGXFWUHOHDVHWKHLVRWRSLFTXDQWLWLHVDQGWKH

FKHPLFDOIRUPVRIILVVLRQSURGXFWVUHOHDVHGWRWKHHQYLURQPHQW



H 'LVFXVVLRQRIWKHPHWHRURORJLFDOFKDUDFWHULVWLFVRIWKHSURSRVHGVLWHXVHGLQWKHDFFLGHQW

DQDO\VLVLQFOXGLQJWKHVLWHVSHFLILFVKRUWWHUPDWPRVSKHULFGLVSHUVLRQ 4 YDOXHVGHWHUPLQHG

E\WKHDSSOLFDQW



I 'LVFXVVLRQRIWKHDQDO\VLVPHWKRGVDVVXPSWLRQVDQGUHVXOWVIRUWKHWRWDOFDOFXODWHG

UDGLRORJLFDOFRQVHTXHQFHGRVHDWWKHH[FOXVLRQDUHDERXQGDU\ ($% WKHRXWHUERXQGDU\RI

WKHORZSRSXODWLRQ]RQH /3= DQGFRQWUROURRP LIUHTXLUHGHJRSHUDWRUDFWLRQVDUHUHOLHG

XSRQIRUVDIHW\VLJQLILFDQWIXQFWLRQV IURPWKH'%$V7KHXQFHUWDLQW\DQDO\VHVLQWKH

PHFKDQLVWLFVRXUFHWHUPVDQGUDGLRORJLFDOGRVHVVKRXOGEHUHYLHZHGDVSDUWRIWKHHYDOXDWLRQ

RIFRQVHUYDWLYHDVVXPSWLRQVXVHGLQWKLVDQDO\VLV7KHSODQWGHVLJQIHDWXUHVLQWHQGHGWR

'*((((3DJH

PLWLJDWHWKHUDGLRORJLFDOFRQVHTXHQFHVRIDFFLGHQWVVLWHDWPRVSKHULFGLVSHUVLRQ

FKDUDFWHULVWLFVDQGWKHGLVWDQFHVWRWKH($%DQGWRWKH/3=RXWHUERXQGDU\DUHDFFHSWDEOHLI

WKHWRWDOFDOFXODWHGUDGLRORJLFDOFRQVHTXHQFHVIRUWKHSRVWXODWHGILVVLRQSURGXFWUHOHDVH

FDOFXODWHGDWWKHXSSHUWKSHUFHQWLOHRIFRQVHTXHQFHV IDOOZLWKLQWKHIROORZLQJH[SRVXUH

DFFHSWDQFHFULWHULDVSHFLILHGLQ&)5 D  LL ' 

L $QLQGLYLGXDOORFDWHGDWDQ\SRLQWRQWKHERXQGDU\RIWKHH[FOXVLRQDUHDIRUDQ\

KRXUSHULRGIROORZLQJWKHRQVHWRIWKHSRVWXODWHGILVVLRQSURGXFWUHOHDVHZRXOG

QRWUHFHLYHDUDGLDWLRQGRVHLQH[FHVVRIUHPWRWDOHIIHFWLYHGRVHHTXLYDOHQW

7('( DQG

LL $QLQGLYLGXDOORFDWHGDWDQ\SRLQWRQWKHRXWHUERXQGDU\RIWKH/3=ZKRLV

H[SRVHGWRWKHUDGLRDFWLYHFORXGUHVXOWLQJIURPWKHSRVWXODWHGILVVLRQSURGXFW

UHOHDVH GXULQJWKHHQWLUHSHULRGRILWVSDVVDJH ZRXOGQRWUHFHLYHDUDGLDWLRQ

GRVHLQH[FHVVRIUHP7('(



7KH15&VWDIIVKRXOGFRQVLGHUSHUIRUPLQJDQLQGHSHQGHQWFRQILUPDWRU\UDGLRORJLFDOFRQVHTXHQFH

DQDO\VLVXVLQJSHUWLQHQWLQIRUPDWLRQLQWKHDSSOLFDWLRQWRDVVHVVZKHWKHUWKHSURSRVHGVLWHPHHWVWKH

UDGLRORJLFDOFRQVHTXHQFHHYDOXDWLRQIDFWRUVLGHQWLILHGLQ&)5 D  



 ,QWHJUDWHG(YDOXDWLRQV

D (YDOXDWLRQRI,QWHJUDWHG3ODQW5LVN

,QWHJUDWHGLQGLYLGXDOULVNVRIVLWHERXQGDU\GRVHDQGHDUO\DQGODWHQWKHDOWKHIIHFWVVKRXOGEH

UHYLHZHGRYHUWKHUDQJHRI/%(VDQDO\]HG7KHDQDO\VLVPHWKRGDQGDVVXPSWLRQVVKRXOGEH

UHYLHZHGIRUFRQVLVWHQF\ZLWK15&SUDFWLFH&RQVLGHUDWLRQVFRXOGLQFOXGH



  •  ZDVRIIVLWHHYDFXDWLRQLQDFFRUGDQFHZLWKWKHIDFLOLW\ V(3SODQDVVXPHG"
  •  ZDVPHGLFDOWUHDWPHQWIRUWKRVHPHPEHUVRIWKHSXEOLFH[SRVHGDVVXPHG"
  •  ZKDWODWHQWIDWDOLW\ULVNFRHIILFLHQWZDVXVHG
  •  ZKDWVHJPHQWRIWKHSRSXODWLRQ>DYHUDJHKHDOWK\LQGLYLGXDORUVRPHWKLQJHOVH@GRHV

WKHULVNFRHIILFLHQWUHSUHVHQWHWF"

7KHLQWHJUDWHGULVNHYDOXDWLRQVKRXOGEHUHYLHZHGDJDLQVWWKUHHFXPXODWLYHULVNWDUJHWV

L 7KHWRWDOPHDQYDOXHIUHTXHQF\RIH[FHHGLQJDVLWHERXQGDU\GRVHRIPUHPIURPDOO

/%(VVKRXOGQRWH[FHHGSODQW\HDU7KHYDOXHRIPUHPLVVHOHFWHGIURPWKHDQQXDO

H[SRVXUHOLPLWVLQ&)53DUW

LL 7KHDYHUDJHLQGLYLGXDOULVNRIHDUO\IDWDOLW\ZLWKLQPLOHRIWKH($%VKDOOQRWH[FHHGD

PHDQYDOXHRISODQW\HDUWRHQVXUHWKDWWKH15&VDIHW\JRDO4XDQWLWDWLYH+HDOWK

2EMHFWLYH 4+2 IRUHDUO\IDWDOLW\ULVNLVPHW

LLL 7KHDYHUDJHLQGLYLGXDOULVNRIODWHQWFDQFHUIDWDOLWLHVZLWKLQPLOHVRIWKH($%VKDOO

QRWH[FHHGDPHDQYDOXHRISODQW\HDUWRHQVXUHWKDWWKH15&VDIHW\JRDO4+2IRU

ODWHQWFDQFHUIDWDOLW\ULVNLVPHW



E 'HIHQVHLQ'HSWK

','LVDGHVLJQDSSURDFKWRDFFRXQWIRUXQFHUWDLQWLHVLQHTXLSPHQWDQGKXPDQSHUIRUPDQFH

,WFDQUHVXOWLQUHGXQGDQWGLYHUVHDQGLQGHSHQGHQWPHDVXUHVWRDFFRPSOLVKVDIHW\IXQFWLRQV

DQGHQVXUHWKDWVDIHW\LVQRWGHSHQGHQWXSRQDVLQJOH66&RUKXPDQDFWLRQ)RUDSSOLFDWLRQV

WKDWXVHDULVNLQIRUPHGSHUIRUPDQFHEDVHGDSSURDFKWKHVWDIIVKRXOGH[SHFWWKH','

LQIRUPDWLRQWRDGGUHVVWKHV\VWHPDWLFDVVHVVPHQWPHWKRGRORJ\HQGRUVHGE\5*DQG

'*((((3DJH

GRFXPHQWSUHOLPLQDU\LQWHJUDWHGGHFLVLRQPDNLQJSURFHVVSDQHO ,'33 GHFLVLRQVDFFRUGLQJ

WR1(,5HYLVLRQ



7KHVWDIIVKRXOGHQVXUHWKDWWKHDSSOLFDQWKDVSURYLGHGQHFHVVDU\FRPPLWPHQWVWRHVWDEOLVK

','DGHTXDF\&RPPLWPHQWVWRLPSOHPHQWWKH','HYDOXDWLRQSURFHVVHVLQ5*VKRXOG

EHDGHTXDWH$OWHUQDWHO\WKHVWDIIVKRXOGHQVXUHWKDWWKHDSSOLFDQW¶V','SURFHVVLQYROYHV

LQFRUSRUDWLQJ','LQWRGHVLJQIHDWXUHVRSHUDWLQJDQGHPHUJHQF\SURFHGXUHVDQGRWKHU

SURJUDPPDWLFHOHPHQWVWRHQVXUHSHUIRUPDQFHUHTXLUHPHQWVDUHPDLQWDLQHGWKURXJKRXWWKH

OLIHRIWKHSODQW)RUDSSOLFDQWVWKDWFKRRVHQRWWRXVHWKH5*HQGRUVHGDSSURDFKWKH

DSSOLFDQWZLOOQHHGWRH[SODLQLWVDSSURDFKWR','DQGLQFOXGHLQWKHDSSOLFDWLRQDGHVFULSWLRQ

UHJDUGLQJKRZ','LVDGGUHVVHG



 6DIHW\)XQFWLRQV'HVLJQ&ULWHULDDQG66&&DWHJRUL]DWLRQ

D 3ULQFLSDO'HVLJQ&ULWHULD

7KH15&VWDIIVKRXOGUHYLHZWKH3'&VSURSRVHGLQWKHDSSOLFDWLRQ7KH15&VWDIIH[SHFWV

SURVSHFWLYHQRQ/:5DSSOLFDQWVZLOOUHYLHZWKHJHQHUDOGHVLJQFULWHULD *'&V SHUWDLQLQJWR

/:5VSURYLGHGLQ$SSHQGL[$WR&)53DUWDQGWKHJXLGDQFHLQ5*WRGHYHORS

WKHLU3'&VDQGHQVXUHWKDWQHFHVVDU\VDIHW\IXQFWLRQVDQG66&VDUHFRYHUHGXQGHUWKH

VHOHFWHG3'&V7KHVWDIIVKRXOGGHWHUPLQHWKDWWKH3'&VZHUHDSSURSULDWHO\GHYHORSHG$V

SDUWRIWKLVSURFHVVWKHVWDIIVKRXOGHYDOXDWHWKHDFFHSWDELOLW\WKHVDIHW\IXQFWLRQV UHIHUUHGWR

DVWKHUHTXLUHGVDIHW\IXQFWLRQV 56)V LQWKH/03SURFHVV WKDWPXVWEHIXOILOOHGWRNHHSWKH

'%(VZLWKLQWKHGRVHDQGLQWHJUDWHGULVNWDUJHWV5HTXLUHG)XQFWLRQDO'HVLJQ&ULWHULD

5)'& DUHWKHQGHULYHGIURPWKH56)V7KHVWDIIVKRXOGHQVXUHWKDWWKH5)'&VDUHGHILQHG

WRFDSWXUHGHVLJQVSHFLILFFULWHULDWKDWPD\EHXVHGWRVXSSOHPHQWRUPRGLI\WKHDSSOLFDEOH

  • '&VRU$GYDQFHG5HDFWRU'HVLJQ&ULWHULDLQWKHIRUPXODWLRQRI3'&V



E 6DIHW\5HODWHG 65 66&V

7KH15&VWDIIVKRXOGUHYLHZWKHOLVWRIWKH6566&VLGHQWLILHGWKURXJKWKH/%(DQDO\VLV

7KHVWDIIVKRXOGHQVXUHWKDWIRUHDFK6566&WKHEDVLVIRUVXFKFODVVLILFDWLRQLVLQGLFDWHGLQ

DWUDFHDEOHPDQQHU



F &RPSOHPHQWDU\'HVLJQ&ULWHULD

7KH15&VWDIIVKRXOGUHYLHZWKHFRPSOHPHQWDU\GHVLJQFULWHULD &'&V SURSRVHGLQWKH

DSSOLFDWLRQ7KHVWDIIVKRXOGGHWHUPLQHWKDWWKH&'&VZHUHDSSURSULDWHO\GHYHORSHG$VSDUW

RIWKLVSURFHVVWKHVWDIIVKRXOGHYDOXDWHWKHDFFHSWDELOLW\WKHULVNVLJQLILFDQWIXQFWLRQVWKDW

PXVWEHIXOILOOHGWRDGGUHVV','DGHTXDF\7KH15&VWDIIVKRXOGHQVXUHWKDWQHFHVVDU\ULVN

VLJQLILFDQWVDIHW\IXQFWLRQVDQGRWKHUVDIHW\IXQFWLRQVIRUDGHTXDWH','DUHFRYHUHGXQGHUWKH

VHOHFWHG&'&



G 1RQ6DIHW\5HODWHGZLWK6SHFLDO7UHDWPHQW 16567 66&V

7KH15&VWDIIVKRXOGUHYLHZWKHOLVWRIWKH1656766&VLGHQWLILHGWKURXJKWKH/%(

DQDO\VLV7KHVWDIIVKRXOGHQVXUHWKDWIRUHDFK1656766&WKHEDVLVIRUVXFKFODVVLILFDWLRQLV

LQGLFDWHGLQDWUDFHDEOHPDQQHU



H 66&&DWHJRUL]DWLRQ3URFHVV

7KH15&VWDIIVKRXOGUHYLHZWKH66&FDWHJRUL]DWLRQSURFHVVGHVFULEHGLQWKHDSSOLFDWLRQ

15&DFFHSWHGJXLGDQFHIRU66&FDWHJRUL]DWLRQLQFOXGHV5*ZKLFKHQGRUVHVWKH

'*((((3DJH

PHWKRGRORJ\LQ1(,5*³*XLGHOLQHVIRU&DWHJRUL]LQJ6WUXFWXUHV6\VWHPVDQG

&RPSRQHQWVLQ1XFOHDU3RZHU3ODQWV$FFRUGLQJWR7KHLU6DIHW\6LJQLILFDQFH'DQG1(,

³&)566&&DWHJRUL]DWLRQ*XLGHOLQH'



 6DIHW\5HODWHG66&&ULWHULDDQG&DSDELOLWLHV

5HIHUWR1(,IRUDGHILQLWLRQRI6566&V7KH15&VWDIIVKRXOGUHYLHZWKH65GHVLJQFULWHULD

DQGVSHFLDOWUHDWPHQWUHTXLUHPHQWVIRUHDFK6566&GHVFULEHGLQWKHDSSOLFDWLRQ,QIRUPDWLRQVKRXOG

EHSURYLGHGIRUHDFK6566&WRVXSSRUWDGHWHUPLQDWLRQWKDWWKH66&ZLOOPHHWLWVUHOLDELOLW\DQG

SHUIRUPDQFHWDUJHWVDVFUHGLWHGLQWKH35$>6SHFLILFDOO\WKHVWDIIVKRXOGUHYLHZLQIRUPDWLRQIRU

HDFK6566&LQFOXGLQJ

  •  'HVLJQUHTXLUHPHQWVDQGDSSOLFDEOHFRGHVDQGVWDQGDUGVXVHGLQWKHGHVLJQRIWKH66&
  •  7KH56)RIWKH66&LWV5)'&VDQGLWVUHODWLRQVKLSWRWKH3'&V



7KH15&VWDIIVKRXOGHQVXUHWKDWWKHDSSOLFDWLRQGHVFULEHVKRZWKH6566&VWKDWDUHFUHGLWHGLQWKH

IXOILOOPHQWRI56)VDUHFDSDEOHWRSHUIRUPWKHLU56)VZLWKDKLJKGHJUHHRIFRQILGHQFHLQUHVSRQVHWR

DQ\'HVLJQ%DVLV([WHUQDO+D]DUG/HYHOV '%(+/V 



7KH15&VWDIIVKRXOGHQVXUHWKDWFRPPLWPHQWVDUHSURYLGHGWRGHVFULEH6566&UHOLDELOLW\DQG

FDSDELOLW\SHUIRUPDQFHUHTXLUHPHQWVSHUIRUPDQFHRIWHVWLQJDQGYDOLGDWLRQRI66&SHUIRUPDQFH

FDSDELOLW\RSHUDELOLW\DYDLODELOLW\UHTXLUHPHQWVVSHFLDOWUHDWPHQWUHTXLUHPHQWVDQGDQ\UHTXLUHG

VXSSRUWIXQFWLRQVDWWKHRSHUDWLQJOLFHQVHVWDJH



 1RQ6DIHW\5HODWHGZLWK6SHFLDO7UHDWPHQW 16567 66&&ULWHULDDQG&DSDELOLWLHV

5HIHUWR1(,IRUDGHILQLWLRQRI1656766&V7KH15&VWDIIVKRXOGUHYLHZWKHGHVLJQFULWHULD

DQGVSHFLDOWUHDWPHQWUHTXLUHPHQWVIRUHDFK1676766&GHVFULEHGLQWKHDSSOLFDWLRQ,QIRUPDWLRQ

VKRXOGEHSURYLGHGIRUHDFK1656766&WRVXSSRUWDGHWHUPLQDWLRQWKDWWKH66&ZLOOPHHWLWV

UHOLDELOLW\DQGSHUIRUPDQFHWDUJHWVDVFUHGLWHGLQWKH35$6SHFLILFDOO\WKHVWDIIVKRXOGUHYLHZ

LQIRUPDWLRQIRUHDFK1656766&LQFOXGLQJ



  •  'HVLJQUHTXLUHPHQWVDQGDSSOLFDEOHFRGHVDQGVWDQGDUGVXVHGLQWKHGHVLJQ
  •  7KHULVNVLJQLILFDQWIXQFWLRQVDQGIXQFWLRQVUHTXLUHGIRUGHIHQVHLQGHSWKRIWKH66&DQGLWV

UHODWLRQWRWKH3'&V ,Q7,&$3WKHVH3'&VDUHFDOOHG&'&V 



7KHVWDIIVKRXOGHQVXUHWKDWWKHDSSOLFDWLRQGHVFULEHVKRZWKH1656766&VDUHFDSDEOHRI

SHUIRUPLQJWKHLUULVNVLJQLILFDQWIXQFWLRQVRUIXQFWLRQVWKDWDUHQHFHVVDU\IRUGHIHQVHLQGHSWK

DGHTXDF\ZLWKDKLJKGHJUHHRIFRQILGHQFHLQUHVSRQVHWRDQ\LQWHUQDOKD]DUG HJLQWHUQDOIORRGV

LQWHUQDOILUHVSLSHZKLSVSDWLDOSODFHPHQWHWF RU'%(+/V



7KHVWDIIVKRXOGHQVXUHWKDWFRPPLWPHQWVDUHSURYLGHGWRGHVFULEH1656766&UHOLDELOLW\DQG

FDSDELOLW\SHUIRUPDQFHUHTXLUHPHQWVSHUIRUPDQFHRIWHVWLQJDQGYDOLGDWLRQRI66&SHUIRUPDQFH

FDSDELOLW\DYDLODELOLW\UHTXLUHPHQWVVSHFLDOWUHDWPHQWUHTXLUHPHQWVDQGDQ\UHTXLUHGVXSSRUW

IXQFWLRQVDWWKH2/VWDJH



 3ODQW3URJUDPV

7KH15&VWDIIVKRXOGUHYLHZWKHDSSOLFDWLRQIRUFRPPLWPHQWVWRGHYHORSSURJUDPVQHHGHGWR

LPSOHPHQWWKHVSHFLDOWUHDWPHQWVDQGPHHWUHOLDELOLW\DQGSHUIRUPDQFHWDUJHWVIRU6566&VDQG

1656766&V6XFKSURJUDPDUHDVPD\LQFOXGHLQVHUYLFHWHVWLQJPDLQWHQDQFHKXPDQIDFWRUV

WUDLQLQJDQGUHOLDELOLW\DVVXUDQFH



'*((((3DJH