NRC Generic Letter 1997-03

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NRC Generic Letter 1997-003: Annual Financial Surety Update Requirements for Uranium Recovery Licensees
ML031110051
Person / Time
Site: Beaver Valley, Millstone, Hatch, Monticello, Calvert Cliffs, Dresden, Davis Besse, Peach Bottom, Browns Ferry, Salem, Oconee, Mcguire, Nine Mile Point, Palisades, Palo Verde, Perry, Indian Point, Fermi, Kewaunee, Catawba, Harris, Wolf Creek, Saint Lucie, Point Beach, Oyster Creek, Watts Bar, Hope Creek, Grand Gulf, Cooper, Sequoyah, Byron, Pilgrim, Arkansas Nuclear, Braidwood, Susquehanna, Summer, Prairie Island, Columbia, Seabrook, Brunswick, Surry, Limerick, North Anna, Turkey Point, River Bend, Vermont Yankee, Crystal River, Haddam Neck, Ginna, Diablo Canyon, Callaway, Vogtle, Waterford, Duane Arnold, Farley, Robinson, Clinton, South Texas, San Onofre, Cook, Comanche Peak, Yankee Rowe, Maine Yankee, Quad Cities, Humboldt Bay, La Crosse, Big Rock Point, Rancho Seco, Zion, Midland, Bellefonte, Fort Calhoun, FitzPatrick, McGuire, LaSalle, Fort Saint Vrain, Washington Public Power Supply System, Shoreham, Satsop, Trojan, Atlantic Nuclear Power Plant, Clinch River, Crane  Entergy icon.png
Issue date: 07/09/1997
From: Greeves J T
NRC/NMSS/DWM
To:
References
GL-97-003, NUDOCS 9707020310
Download: ML031110051 (4)


UNITED STATESNUCLEAR REGULATORY COMMISSIONOFFICE OF NUCLEAR MATERIAL SAFETY AND SAFEGUARDSWASHINGTON, D.C. 20555July 9, 1997NRC GENERIC LETTER 97-03: ANNUAL FINANCIAL SURETY UPDATE REQUIREMENTS FORURANIUM RECOVERY LICENSEES

Addressees

Uranium Recovery Ucensees and State Officials.

Purpose

The U.S. Nuclear Regulatory Commission (NRC) is issuing this generic letter to notifyaddressees about certain procedural requirements for surety submittals. It is expectedthat recipients will review the information for applicability to their facilities and consideractions, as appropriate, to avoid problems. However, no specific action nor written responseis required at this time.

Description of Circumstances

During the November 1996 meeting with the uranium recovery industry, sponsored by theNRC and the National Mining Association, the staff clarified NRC general proceduralrequirements for surety submittals. This letter documents these requirements forlicensees' reference in future surety submittals.DiscussionCriterion 9 of 10 CFR Part 40, Appendix A, requ'...;s licensees to establish financial suretyarrangements sufficient to carry out the decontamination, decommissioning of the mill andsite, and reclamation of any tailings or waste disposal areas. In its annual review ofsureties, the staff generally has considered only decommissioning, reclamation, and groundwater corrective action plans, and revisions to those plans, that have been approved by NRC.Criterion 9 states that the annual surety adjustment should "...recognize any increases ordecreases resulting from inflation, changes in plans, activities performed, and any otherconditions affecting costs." Therefore, licensee- proposed revisions to approveddecommissioning, reclamation, and ground water corrective action plans are factors to beconsidered in the annual surety adjustment. To comply with the rule, any proposed revisionsto decommissioning or reclamation plans submitted for NRC review and approval will need tobe accompanied by an analysis of the change in cost to the approved plan. Such cost willneed to be accounted for in the surety at the next annual surety update.-PW1110 0tow soooo3 11q0701111llI.1 It1 3I! A1IJIlIIIII ll 1W11IU

GL 97-03July 9, 1997 GL 97-June , 1997 GL 97-March , 1997

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