Document: 10 CFR Part 72
Document ID: 90828458-e488-483f-adb9-b6b876f3d8c3
Document Type: cfr
Title: Financial assurance and recordkeeping for decommissioning.
Source: 10 CFR Part 72
Source URL: https://www.ecfr.gov/current/title-10/part-72/section-72.30
Revision Date: 
Chapter: 
Section ID: 72.30
CFR Part: 72
CFR Title: 10

Content:
or adjusting cost estimates and associated funding levels periodically over the life of the facility. ( 5 ) The volume of onsite subsurface material containing residual radioactivity that will require remediation to meet the criteria for license termination. ( 6 ) A certification that financial assurance for decommissioning has been provided in the amount of the cost estimate for decommissioning. ( c ) At the time of license renewal and at intervals not to exceed 3 years, the decommissioning funding plan must be resubmitted with adjustments as necessary to account for changes in costs and the extent of contamination. If the amount of financial assurance will be adjusted downward, this can not be done until the updated decommissioning funding plan is approved. The decommissioning funding plan must update the information submitted with the original or prior approved plan and must specifically consider the effect of the following events on decommissioning costs: ( 1 ) Spills of radioactive material producing additional residual radioactivity in onsite subsurface material. ( 2 ) Facility modifications. ( 3 ) Changes in authorized possession limits. ( 4 ) Actual remediation costs that exceed the previous cost estimate. ( d ) If, in surveys made under 10 CFR 20.1501(a) , residual radioactivity in soils or groundwater is detected at levels that would require such radioactivity to be reduced to a level permitting release of the property for unrestricted use under the decommissioning requirements in part 20 of this chapter , the licensee must submit a new or revised decommissioning funding plan within one year of when the survey is completed. ( e ) The financial instrument must include the licensee's name, license number, and docket number; and the name, address, and other contact information of the issuer, and, if a trust is used, the trustee. When any of the foregoing information changes, the licensee must, within 30 days, submit financial instruments reflecting such