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:
instructions. DG-1348 Revision 1, Appendix A, Page A-25 Each draft must bear on its face the clause: “Drawn under Letter of Credit No. ______, dated ___________, and the total of this draft and all other drafts previously drawn under this letter of credit does not exceed [fill in amount].” [Signature(s) and title(s) of official(s) of issuing institution] [Date] This credit is subject to [insert “the most recent edition of the Uniform Customs and Practice for Documentary Credits, published by the International Chamber of Commerce,” or “the Uniform Commercial Code”]. DG-1348 Revision 1, Appendix A, Page A-26 APPENDIX A-6 EXAMPLES OF DOCUMENTS RECOMMENDED TO SUPPORT CORPORATE GUARANTEE APPENDIX A-6.1 EXAMPLE OF LETTER FROM CHIEF FINANCIAL OFFICER OF CORPORATE PARENT, INCLUDING COST ESTIMATES AND DATA FROM AUDITED FINANCIAL STATEMENTS [Address to U. S. Nuclear Regulatory Commission or state regulatory agency] I am the chief financial officer of [name and address of firm], a [insert “proprietorship,” “joint venture,” “partnership,” or “corporation”]. This letter is in support of this firm’s use of the financial test to demonstrate financial assurance, as specified in Title 10 of the Code of Federal Regulations (10 CFR), Part 50, or 10 CFR Part 52. [Complete the following paragraph regarding facility(ies) and associated cost estimates. For each facility, include its license number, name, address, and current cost estimates for the specified activities.] This firm guarantees, through the parent company guarantee submitted to demonstrate compliance under 10 CFR Part 50 or 10 CFR Part 52, the decommissioning of the following facility(ies) owned or operated by subsidiary(ies) of this firm. The current cost estimates or certified amounts for decommissioning, and the amounts being guaranteed, are shown for each facility: Name of Facility Location of Facility Current Cost Estimates Amount Being Guaranteed This firm [insert “is required” or