18262 Federal Register / Vol. 80, No. 64 / Friday, April 3, 2015 / Notices 

finality provisions. The staff does not, at 

this time, intend to impose the positions 

represented in the SRP in a manner that 

is inconsistent with any issue finality 

provisions. If, in the future, the staff 

seeks to impose a position in the SRP 

section in a manner that does not 

provide issue finality as described in the 

applicable issue finality provision, then 

the staff must address the criteria for 

avoiding issue finality as described in 

the applicable issue finality provision. 

III. Congressional Review Act 

This action is a rule as defined in the 

Congressional Review Act (5 U.S.C. 

801–808). However, the Office of 

Management and Budget has not found 

it to be a major rule as defined in the 

Congressional Review Act. 

Dated at Rockville, Maryland, this 24th day 

of March, 2015. For the Nuclear Regulatory 

Commission. 

Joseph Colaccino, 

Chief, New Reactor Rulemaking and 

Guidance Branch, Division of Advanced 

Reactors and Rulemaking, Office of New 

Reactors. 

[FR Doc. 2015–07709 Filed 4–2–15; 8:45 am] 

BILLING CODE 7590–01–P 

NUCLEAR REGULATORY 

COMMISSION 

[NRC–2008–0252; Docket Nos. 52–025 & 52– 

026; Combined License Nos. NPF–91 & 

NPF–92] 

In the Matter of Municipal Electric 

Authority of Georgia (Vogtle Electric 

Generating Plant, Units 3 & 4); Order 

Extending the Date by Which the Direct 

Transfer of Licenses Is To Be 

Completed 

I 

Georgia Power Company, Oglethorpe 

Power Corporation, Municipal Electric 

Authority of Georgia (MEAG Power), the 

City of Dalton, Georgia, an incorporated 

municipality in the State of Georgia 

citing by and through its Board of 

Water, Light and Sinking Fund 

Commissioners (City of Dalton), and 

Southern Nuclear Operating Co., Inc. 

(SNC) (collectively, the owners) are 

holders of combined license (COL) Nos. 

NPF–91 and NPF–92. These COLs 

authorize SNC to construct, possess, 

use, and operate Vogtle Electric 

Generating Plant (VEGP), Units 3 and 4, 

and the owners to possess but not 

operate VEGP, Units 3 and 4. The 

facility, which is currently under 

construction, is adjacent to existing 

VEGP, Units 1 and 2, on a 3,169-acre 

coastal plain bluff on the southwest side 

of the Savannah River in eastern Burke 

County, GA. The facility is 

approximately 15 miles east-northeast of 

Waynesboro, GA, and 26 miles 

southeast of Augusta, GA. 

II 

The U.S. Nuclear Regulatory 

Commission’s (NRC’s) order, dated 

April 29, 2014, approved three direct 

transfers of portions of MEAG Power’s 

22.7 percent undivided ownership 

interest in VEGP, Units 3 and 4. Each of 

these three transfers may occur 

independently of, or in conjunction 

with, the others, as follows: 

(1) Transfer of a 7.6886571 percent 

undivided interest in VEGP, Units 3 and 

4, from MEAG Power to MEAG Power 

SPVM, LLC (Project M); 

(2) transfer of a 9.3466423 percent 

undivided interest in VEGP, Units 3 and 

4, from MEAG Power to MEAG Power 

SPVJ, LLC (Project J); and 

(3) transfer of a 5.6647006 percent 

undivided interest in VEGP, Units 3 and 

4, from MEAG Power to MEAG Power 

SPVP, LCC (Project P). 

The application for the transfers was 

in connection with the finalization of 

three loans from the U.S. Federal 

Finance Bank (U.S. FFB) or one or more 

third-party lenders to be guaranteed by 

the U.S. Department of Energy (DOE) 

through its loan guarantee program for 

the development of advanced nuclear 

energy facilities. By its terms, the April 

29, 2014, order stated that, ‘‘Should the 

transfer of the license not be completed 

within one year of this Order’s date of 

issue, this Order shall become null and 

void, provided, however, that upon 

written application and for good cause 

shown, such date may be extended by 

order.’’ 

III 

By letter dated February 12, 2015, 

SNC on behalf of MEAG Power 

requested that the April 29, 2014, order 

be extended by 6 months, to October 29, 

2015. SNC, in its February 12, 2015, 

letter states that: 

Diligent efforts have been made to 

negotiate the definitive financing agreements 

with the DOE. Those negotiations have, for 

the most part, concluded. However, certain 

provisions in those agreements necessitated 

amendments to preexisting long term ‘‘cost 

passthrough [sic]’’ contracts between MEAG 

Power and the counterparties (offtakers) to 

those contracts. While those negotiations 

took much longer than MEAG Power 

anticipated when the license transfer 

application was submitted in December 2013, 

those negotiations have concluded, and 

amended contracts, dated December 31, 

2014, were executed by MEAG Power and 

each of the offtakers. In addition, on 

December 23, 2014, MEAG Power’s board 

approved, in substantially final form, the 

definitive financing agreements among 

MEAG Power, the Project Companies, and 

DOE. All that remains at this juncture is the 

receipt of certain promissory notes and other 

financing documents from the U.S. FFB. At 

that point, MEAG Power will be in a position 

to cause judicial proceedings to be instituted 

in State court to validate the DOE-guaranteed 

loans (including the definitive agreements) 

and the new offtake arrangements with the 

project companies and to re-validate the 

existing arrangements (including the bond 

resolutions and the amended offtake 

arrangements with the offtakers), all of which 

include a validation of the enforceability of 

all of these arrangements in connection with 

the planned DOE-guaranteed loans. In 

addition to the validation proceedings, DOE 

must also conclude its internal agency review 

of the definitive agreements, which includes 

input from the U.S. Office of Management 

and Budget (OMB). While MEAG Power is 

optimistic that the judicial proceedings will 

result in validation of the agreements and 

amended bond resolutions, which is a 

condition of the financial closing of the DOEguaranteed loans from the U.S. FFB, and that 

DOE and OMB will favorably review the 

definitive loan agreements, it is difficult to be 

certain that the final Federal review will be 

concluded and the required State court order 

will be issued in time to support a closing 

of the transactions by April 29, 2015. 

SNC further states that there have 

been no changes in the information and 

technical and financial qualifications 

presented in its December 2, 2013, 

request to transfer the licenses. 

Moreover, the basis for granting that 

request has not changed and remains 

valid. The NRC staff notes that its basis 

for approving the transfers of MEAG 

Power’s licenses for VEGP, Units 3 and 

4, is documented in its safety evaluation 

supporting the April 29, 2014, order. 

Based on the foregoing representations 

of SNC, the NRC staff concludes that the 

basis for approval has not changed since 

the issuance of the April 29, 2014, 

order. 

The NRC staff has considered the 

submittal of February 12, 2015, and has 

determined that good cause has been 

shown to extend by 6 months, until 

October 29, 2015, the date by which the 

license transfers must be completed. 

IV 

Accordingly, under Sections 161b, 

161i, and 184 of the Act, 42 U.S.C. 

Sections 2201(b), 2201(i), and 2234; and 

under Title 10, ‘‘Energy,’’ of the Code of 

Federal Regulations Part 50.80, 

‘‘Transfers of Licenses—Creditors’ 

Rights—Surrender of Licenses,’’ It Is 

Hereby Ordered that the order granting 

the direct license transfer, ‘‘Order 

Approving Transfer of License and 

Conforming Amendment,’’ dated April 

29, 2014, be extended by 6 months, to 

October 29, 2015. If the proposed direct 

transfer of licenses is not completed by 

October 29, 2015, this order and the 


asabaliauskas on DSK5VPTVN1PROD with NOTICES
Federal Register / Vol. 80, No. 64 / Friday, April 3, 2015 / Notices 18263 

April 29, 2014, order shall become null 

and void. However, upon written 

application and for good cause shown, 

the October 29, 2015, date may be 

extended by further order. 

This order is effective upon issuance. 

The order of April 29, 2014, as modified 

by this order, remains in full force and 

effect. 

For further details with respect to this 

order, see the submittal dated February 

12, 2015, which is available for public 

inspection at the Commission’s Public 

Document Room (PDR), at One White 

Flint North, 11555 Rockville Pike, Room 

O–1 F21 (First Floor), Rockville, 

Maryland and accessible electronically 

from the Agencywide Documents 

Access and Management System 

(ADAMS) Public Electronic Reading 

Room on the Internet at the NRC Web 

site, http://www.nrc.gov/reading-rm/

adams.html. Persons who do not have 

access to ADAMS or who encounter 

problems in accessing the documents 

located in ADAMS should contact the 

NRC PDR Reference staff by telephone 

at 1–800–397–4209, 301–415–4737, or 

by email to pdr@nrc.gov. 

Dated at Rockville, Maryland, this 27th day 

of March 2015. 

For The Nuclear Regulatory Commission. 

Glenn M. Tracy, 

Director, Office of New Reactors. 

[FR Doc. 2015–07710 Filed 4–2–15; 8:45 am] 

BILLING CODE 7590–01–P 

NUCLEAR REGULATORY 

COMMISISON 

[NRC–2015–0076] 

Privacy Act of 1974; Republication of 

Systems of Records Notices; 

Correction 

AGENCY: Nuclear Regulatory 

Commission. 

ACTION: Republication of systems of 

records notices; request for comment; 

correction. 

SUMMARY: The U.S. Nuclear Regulatory 

Commission (NRC) is correcting a notice 

that was published in the Federal 

Register (FR) on March 30, 2015, 

regarding republication of systems of 

records notices. This action is necessary 

to correct the Docket ID. 

DATES: The correction is effective April 

3, 2015. 

ADDRESSES: Please refer to Docket ID 

NRC–2015–0076 when contacting the 

NRC about the availability of 

information regarding this document. 

You may obtain publicly-available 

information related to this document 

using any of the following methods: 

• Federal Rulemaking Web site: Go to 

http://www.regulations.gov and search 

for Docket ID NRC–2015–0076. Address 

questions about NRC dockets to Carol 

Gallagher; telephone: 301–415–3463; 

email: Carol.Gallagher@nrc.gov. For 

technical questions, contact the 

individual listed in the FOR FURTHER

INFORMATION CONTACT section of this 

document. 

• NRC’s Agencywide Documents 

Access and Management System 

(ADAMS): You may obtain publicly 

available documents online in the 

ADAMS Public Documents collection at 

http://www.nrc.gov/reading-rm/

adams.html. To begin the search, select 

‘‘ADAMS Public Documents’’ and then 

select ‘‘Begin Web-based ADAMS 

Search.’’ For problems with ADAMS, 

please contact the NRC’s Public 

Document Room (PDR) reference staff at 

1–800–397–4209, 301–415–4737, or by 

email to pdr.resource@nrc.gov. The 

ADAMS accession number for each 

document referenced in this document 

(if that document is available in 

ADAMS) is provided the first time that 

a document is referenced. 

• NRC’s PDR: You may examine and 

purchase copies of public documents at 

the NRC’s PDR, Room O1–F21, One 

White Flint North, 11555 Rockville 

Pike, Rockville, Maryland 20852. 

FOR FURTHER INFORMATION CONTACT: 

Sally Hardy, Office of Information 

Services, U.S. Nuclear Regulatory 

Commission, Washington, DC 20555– 

0001, telephone: 301–415–5607; email: 

Sally.Hardy@nrc.gov. 

SUPPLEMENTARY INFORMATION: In the FR 

of March 30, 2015, in FR Doc. 2015– 

07186, on page 16924, in the heading 

and in the second, sixth, and seventh 

paragraphs of the second column, and 

in the second paragraph of the third 

column, ‘‘NRC–2015–0072’’ is corrected 

to read ‘‘NRC–2015–0076.’’ 

Dated at Rockville, Maryland, this 30th day 

of March, 2015. 

For the Nuclear Regulatory Commission. 

Cindy Bladey, 

Chief, Rules, Announcements, and Directives 

Branch, Division of Administrative Services, 

Office of Administration. 

[FR Doc. 2015–07703 Filed 4–2–15; 8:45 am] 

BILLING CODE 7590–01–P 

OFFICE OF PERSONNEL 

MANAGEMENT 

Civil Service Retirement System; 

Present Value Factors 

AGENCY: Office of Personnel 

Management. 

ACTION: Notice. 

SUMMARY: The Office of Personnel 

Management (OPM) is providing notice 

of adjusted present value factors 

applicable to retirees under the Civil 

Service Retirement System (CSRS) who 

elect to provide survivor annuity 

benefits to a spouse based on postretirement marriage; to retiring 

employees who elect the alternative 

form of annuity, owe certain redeposits 

based on refunds of contributions for 

service ending before March 1, 1991, or 

elect to credit certain service with 

nonappropriated fund instrumentalities; 

or, for individuals with certain types of 

retirement coverage errors who can elect 

to receive credit for service by taking an 

actuarial reduction under the provisions 

of the Federal Erroneous Retirement 

Coverage Correction Act. This notice is 

necessary to conform the present value 

factors to changes in the economic and 

demographic assumptions adopted by 

the Board of Actuaries of the Civil 

Service Retirement System. 

DATES: The revised present value factors 

apply to survivor reductions or 

employee annuities that commence on 

or after October 1, 2015. 

ADDRESSES: Send requests for actuarial 

assumptions and data to the Board of 

Actuaries, care of Gregory Kissel, Senior 

Actuary, Office of Planning and Policy 

Analysis, Office of Personnel 

Management, Room 4307, 1900 E Street 

NW., Washington, DC 20415. 

FOR FURTHER INFORMATION CONTACT: 

Karla Yeakle, (202) 606–0299. 

SUPPLEMENTARY INFORMATION: Several 

provisions of CSRS require reduction of 

annuities on an actuarial basis. Under 

each of these provisions, OPM is 

required to issue regulations on the 

method of determining the reduction to 

ensure that the present value of the 

reduced annuity plus a lump-sum 

equals, to the extent practicable, the 

present value of the unreduced benefit. 

The regulations for each of these 

benefits provide that OPM will publish 

a notice in the Federal Register 

whenever it changes the factors used to 

compute the present values of these 

benefits. 

Section 831.2205(a) of title 5, Code of 

Federal Regulations, prescribes the 

method for computing the reduction in 

the beginning rate of annuity payable to 

a retiree who elects an alternative form 

of annuity under 5 U.S.C. 8343a. That 

reduction is required to produce an 

annuity that is the actuarial equivalent 

of the annuity of a retiree who does not 

elect an alternative form of annuity. The 

present value factors listed below are 

used to compute the annuity reduction 

under section 831.2205(a) of title 5, 

Code of Federal Regulations. 


asabaliauskas on DSK5VPTVN1PROD with NOTICES