Document: 10 CFR Part 50
Document ID: 12df6185-2a44-45d2-a718-1cd20f73f4b9
Document Type: cfr
Title: Termination of license.
Source: 10 CFR Part 50
Source URL: https://www.ecfr.gov/current/title-10/part-50/section-50.82
Revision Date: 
Chapter: 
Section ID: 50.82
CFR Part: 50
CFR Title: 10

Content:
inate the license. ( ii ) Initially, 3 percent of the generic amount specified in § 50.75 may be used for decommissioning planning. For licensees that have submitted the certifications required under § 50.82(a)(1) and commencing 90 days after the NRC has received the PSDAR, an additional 20 percent may be used. A site-specific decommissioning cost estimate must be submitted to the NRC prior to the licensee using any funding in excess of these amounts. ( iii ) Within 2 years following permanent cessation of operations, if not already submitted, the licensee shall submit a site-specific decommissioning cost estimate. ( iv ) For decommissioning activities that delay completion of decommissioning by including a period of storage or surveillance, the licensee shall provide a means of adjusting cost estimates and associated funding levels over the storage or surveillance period. ( v ) After submitting its site-specific DCE required by paragraph (a)(4)(i) of this section, and until the licensee has completed its final radiation survey and demonstrated that residual radioactivity has been reduced to a level that permits termination of its license, the licensee must annually submit to the NRC, by March 31, a financial assurance status report. The report must include the following information, current through the end of the previous calendar year: ( A ) The amount spent on decommissioning, both cumulative and over the previous calendar year, the remaining balance of any decommissioning funds, and the amount provided by other financial assurance methods being relied upon; ( B ) An estimate of the costs to complete decommissioning, reflecting any difference between actual and estimated costs for work performed during the year, and the decommissioning criteria upon which the estimate is based; ( C ) Any modifications occurring to a licensee's current method of providing financial assurance since the last submitted report; and ( D ) Any material changes to trust agreements or