ML18267A195

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Decommissioning Funding Plans Interim Staff Guidance Presentation
ML18267A195
Person / Time
Issue date: 09/18/2018
From: Dylanne Duvigneaud
Programmatic Oversight and Regional Support Branch
To:
Duvigneaud D
References
Download: ML18267A195 (7)


Text

Update on Interim Staff Guidance Decommissioning Funding PlansMaterials Licensees Interim Staff GuidanceBackgroundNMSS has been working on a draft ISG (ML18163A087) covering:*Decommissioning Cost Estimate (DCE) reflecting current facility conditions

  • Updates to financial instruments 2

Interim Staff GuidanceDCE reflecting current facility conditionsPart 70 licensees covering inventory:

  • 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 inventoryThe draft ISG considers NEI's previous letter (ML16229A175) and NRC's response (ML16307A014)regarding DCE reflecting current facility conditions 3

Interim Staff GuidanceEvaluating events since last DFP approvalMake 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 impacting the subsurface
  • Waste inventory that exceeds previous estimate
  • Waste disposal costs that exceed previous cost estimated*Facility modifications
  • Changes in possession limits*Remediation costs that exceed previous cost estimate
  • Onsite disposal*Use of a settling pondTo reduce RAIs provide a narrative covering the 8 factors 4

Interim Staff GuidanceFinancial 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 for staff use Banks typically require a sight draft to draw on the financial instrument
  • Guidance on addressing CPA's opinion of off

-balance sheet transactions for guarantees

  • Supporting documents for Statements of Intent*Verifying trust operations are regulated and examined by a Federal or State agency 5

Interim Staff GuidanceNotices *August 1stFederal Register Notice (FRN) published seeking comments on draft ISG requesting comments by September 17, 2018*NEI contacted NMSS and indicated they would be holding a meeting with industry and requested to extend the comment period until after this meeting; therefore, on August 21stan FRN was published extending the comment period to October 5, 2018 6

Interim Staff GuidanceNext steps*NMSS looks forward to receiving comments on the draft ISG

  • Working towards publishing final ISG at the end of January 2019 7