Document: NRC Regulatory Guide
Document ID: 8ebf2253-f3d2-4bcd-ac80-7cbf6ab8d420
Document Type: regulatory_guide
Title: Assuring the Availability of Funds for Decommissioning Nuclear Reactors + HISTORY –HISTORY 02/2022 – DG-1348 Revision 1, Proposed Revision 3 06/2018 – DG-1348 , Proposed Revision 3 11/2016 – Periodic Review of Revision 2 – Reviewed with no issues identified 01/2011 – DG-1229 , Proposed Revision 2 05/2001 – DG-1106 , Proposed Revision 1 05/1989 – DG-1003 , Proposed Revision 0 (Rev. 1)
Source: NRC Regulatory Guide Division 1
Source URL: https://www.nrc.gov/docs/ML2134/ML21347A081.pdf
Revision Date: 2023-05
Chapter: 
Section ID: RG-1.159
CFR Part: 
CFR Title: 

Content:
xamples of Documents Recommended To Support Corporate Guarantee ...................................................................................................... A-26 A-6.1 Example of Letter from Chief Financial Officer .......................................... A-26 A-6.2 Financial Test: Alternative I ........................................................................ A-27 A-6.3 Financial Test: Alternative II ....................................................................... A-28 A-6.4 Example of Auditor’s Special Report by Certified Public Accountant .................................................................................................... A-29 A-6.4.1 Example of Schedule Reconciling Amounts Contained in CFO’s Letter ................................................................................................. A-30 A-6.5 Example of Parent Company Guarantee....................................................... A-31 DG-1348 Revision 1, Page 6 B. DISCUSSION Reason for Revision: This revision of RG 1.159 (Revision 3) was issued as part of a rulemaking to amend the Commission’s regulations relating to decommissioning for nuclear power reactors. The rulemaking, titled “Regulatory Improvements for Production and Utilization Facilities Transitioning to Decommissioning” (RIN No: 3150-AJ59; NRC Docket ID: NRC-2015-0070), amended 10 CFR 50.75 and several other regulations to provide for a more efficient process for transitioning to decommissioning, reduce the need for exemptions from existing regulations and license amendment requests, and address other decommissioning issues identified by the NRC staff that could streamline and improve the overall decommissioning process. This revision of the RG provides guidance on the rulemaking’s modification of the reporting period for power reactors licensed under Part 50 or Part 52 on the status of decommissioning funds from biennial to triennial. Additionally, this revision of the RG clarifies