ML19057A478

Transmittal, Annual Review of Self-Guarantee for Financial Assurance for the Massachusetts Institute of Technology

ML19057A478
Person / Time
Site:	07000938, MIT Nuclear Research Reactor
Issue date:	03/20/2019
From:	Ty Naquin NRC/NMSS/DFCSE/FLB
To:	Ruiz I Massachusetts Institute of Technology (MIT)
Naquin T
Shared Package
ML19057A442	List: ML19057A478 ML19057A505 ML19059A027
References
EPID L-2018-DFA-0009
Download: ML19057A478 (3)

Text

UNITED STATES NUCLEAR REGULATORY COMMISSION WASHINGTON, D.C. 20555-0001 March 20, 2019 Mr. Israel Ruiz Executive Vice President and Treasurer Massachusetts Institute of Technology 77 Massachusetts Avenue Building 4-204 Cambridge, MA 02139-4307

SUBJECT:

ANNUAL SELF-GUARANTEE, SPECIAL NUCLEAR MATERIALS LICENSE SNM-986 AND RESEARCH REACTOR LICENSE R-37 (ENTERPRISE PROJECT IDENTIFICATION CODE: L-2018-DFA-0009)

Dear Mr. Ruiz:

By letter dated September 27, 2018 (Agencywide Documents Access and Management System

[ADAMS] Accession Number ML18284A321), you submitted to the U.S. Nuclear Regulatory Commission (NRC) a document with a Certified Amount of Financial Assurance and associated Annual Self-Guarantee Test for Special Nuclear Materials license SNM-986, and Research Reactor license R-37 for the Massachusetts Institute of Technology (ADAMS ML18284A321).

Your letter was received on October 4, 2018 (ADAMS ML18288A293) and accepted for detailed review on November 16, 2018 (ADAMS ML19002A056). The Risk and Technical Analysis Branch of the Division of Decommissioning, Uranium Recovery, and Waste Processing in the Office of Nuclear Material Safety and Safeguards conducted the technical review of the adequacy of the submittal for SNM-986. The Financial Projects Branch of the Division of Licensing Projects in the Office of Nuclear Reactor Regulation reviewed the portion of the submittal applicable to R-37.

The NRC staff concludes that the self-guarantee meets or exceeds the financial test criteria for a non-profit university that issues bonds, is acceptable for providing decommissioning funding assurance, and complies with Title 10 of the Code of Federal Regulations (10 CFR) Paragraphs 70.25(f)(2) and 50.75(e)(1)(iii)(C), Appendix E to 10 CFR Part 30, and is consistent with NUREG-1757, Volume 3, Rev. 1. Safety Evaluation Reports for the analysis of both the materials and reactor licenses are enclosed.

This is a reminder that the self-guarantee must be submitted within 90 days of the close of the fiscal year. The requirements are established by the Final Decommissioning Planning Rule and the guidance provided in NUREG-1757, Volume 3, Rev. 1.

In accordance with 10 CFR Section 2.390 of the NRCs Agency Rules of Practice and Procedure, a copy of this letter and the enclosures will be available electronically for public inspection in the NRC Public Document Room or from ADAMS. ADAMS is accessible from the NRC web site at http://www.nrc.gov/reading-rm/adams.html (the Public Electronic Reading Room).

I. Ruiz 2 If you have any questions regarding this matter, please feel free to contact me at 301-415-7352 or via e-mail at: Tyrone.Naquin@nrc.gov.

Sincerely,

/RA/

Tyrone D. Naquin, Project Manager Fuel Facility Licensing Branch Division of Fuel Cycle Safety, Safeguards, and Environmental Review Office of Nuclear Material Safety and Safeguards Docket Nos.70-938, 50-0020 License Nos. SNM-986, R-37

Enclosures:

1. Safety Evaluation Report, SNM-986

2. Safety Evaluation Report, R-37

ML19057A442 (P), ML19057A478 (L) *via email OFFICE FCSE/FFLB FCSE/FFLB DUWP/RTAB FCSE/FFLB FCSE/FFLB NAME TNaquin* TBrockington* CMcKenney JZimmerman TNaquin DATE 02/ 28 /2019 03/12/2019 03/13/2019 03/19/2019 03/ 20 /2019