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Category:Letter
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2024-01-05
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Text
March 23, 2015 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, R-37 (TECHNICAL ASSIGNMENT CONTROL NUMBER L33348)
Dear Mr. Ruiz:
On October 1, 2014, you submitted a document with a Certified Amount of Financial Assurance and associated Annual Self-Guarantee Test with respect to U.S. Nuclear Regulatory Commission (NRC) Special Nuclear Materials (SNM) license SNM-986 and Research Reactor (R-37) for the Massachusetts Institute of Technology. The Performance Assessment Branch of the Office of Nuclear Material Safety and Safeguards conducted the technical review of the adequacy of the submittal for the materials license, SNM-986. The Financial Analysis and International Projects Branch of the Division of Inspection and Regional Support in the Office of Nuclear Reactor Regulation performed the technical review of the adequacy of the submittal for the reactor license, R-37.
The staff confirmed 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) 70.25(f)(2),
50.75(e)(1)(iii)(C), Appendix E to 10 CFR Part 30, and is consistent with NUREG-1757, Volume 3, Rev. 1. A Safety Evaluation Report is enclosed addressing the details of the review.
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 2.390 of the NRCs Agency Rules of Practice and Procedure, a copy of this letter will be available electronically for public inspection in the NRC Public Document Room or from the Agencywide Documents Access and Management System (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 301-287-9073 or at Leira.Cuadrado@nrc.gov.
Sincerely,
/RA/
Leira Cuadrado, Project Manager Fuel Manufacturing Branch Division of Fuel Cycle Safety, Safeguards, and Environmental Review Office of Nuclear Material Safety and Safeguards Docket No.70-938 License No. SNM-986, R-37
Enclosure:
Safety Evaluation Report
ML15069A190 Package No.:ML15069A202 OFFICE FCSE/FMB/PM FCSE/FMB/PM FCSE/FMB/LA FCSE/FMB/BC FCSE/FMB/PM NAME LCuadrado TNaquin TBrockington RJohnson LCuadrado DATE 3/ 11 /2015 3/12/2015 3/17 /2015 3/ 23 /2015 3/ 23 /2015