ML18101A006

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Interim Staff Guidance on Financial Assurance
ML18101A006
Person / Time
Issue date: 04/11/2018
From: Dylanne Duvigneaud
Programmatic Oversight and Regional Support Branch
To:
Duvigneaud D
Shared Package
ML18100B106 List:
References
Download: ML18101A006 (8)


Text

Interim Staff Guidance Decommissioning Funding Plans Materials Licensees

Interim Staff Guidance Overview

- Decommissioning Funding Plans (DFPs) covering current facility conditions including onsite inventory onsite

- Efficiencies preparing DFPs

- Three items pertaining to Financial Instruments 2

Interim Staff Guidance DFPs Covering Current Facilities Conditions

- Part 70 licensees covering inventory

- (ML16307A014) NRC response to NEI which outlines a number of acceptable ways to meet the regulation

  • Licensee owned - contract in place where another party pays for packing, loading and shipping to an end destination
  • Customer owned - customer retains legal title to the material and is contractually responsible for packing, loading and shipping to an end destination
  • In-process inventory - justify a brief timeframe to process the material through into finished product, and then it will fall into licensee-owned or customer-owned inventory 3

Interim Staff Guidance Efficiencies Preparing Decom Funding Plans

- Make sure to include the 8 factors required by 30.35(e)(2),

40.36(d)(2) and CFR 70.25(e)(2):

  • Spills of radioactive material producing additional residual radioactivity in onsite subsurface material
  • Waste inventory increasing above the amount previously estimated
  • Waste disposal costs increasing above the amount previously estimated
  • Facility modifications 4

Interim Staff Guidance Efficiencies Preparing Decom Funding Plans (Continued)

  • Actual remediation costs that exceed the previous cost estimate
  • Onsite disposal
  • Use of a settling pond Based on these requirement, providing a narrative in the DFP describing these factors will assist to reduce the number of RAIs and in completing the approval process, the Safety Evaluation Report.

5

Interim Staff Guidance Financial Instruments

- Send original hard copy financial instruments directly to site PM not NRC Document Control as DC does not maintain original hard-copy documents

- For approval, NRC staff needs to review all agreements including any side letters to the financial instruments

- A template sight draft is being provided a sight draft as typically banks require a sight draft to draw on the financial instrument 6

Interim Staff Guidance Other Areas

  • Working to identify other areas in guidance which may need updating to include in the ISG 7

Interim Staff Guidance Schedule

  • Draft ISG is scheduled to be completed end of June 2018
  • 45-day public comment on draft ISG
  • Final ISG is scheduled to be completed end of October 2018 8