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:
ol in which the total amount of funds would be sufficient to pay decommissioning costs at the time termination of operation is expected. An external sinking fund must be in the form of a trust. If the other guarantee method is used, no surety or insurance may be combined with the external sinking fund. The surety, insurance, or other guarantee provisions must be as stated in paragraph (e)(2) of this section. ( 4 ) In the case of Federal, State, or local government licensees, a statement of intent containing a cost estimate for decommissioning, and indicating that funds for decommissioning will be obtained when necessary. ( 5 ) In the case of licensees who are issued a power reactor license under part 50 of this chapter or ISFSI licensees who are an electric utility, as defined in part 50 of this chapter , with a specific license issued under this part, the methods of 10 CFR 50.75(b) , (e) , and (h) , as applicable. In the event that funds remaining to be placed into the licensee's ISFSI decommissioning external sinking fund are no longer approved for recovery in rates by a competent rate making authority, the licensee must make changes to provide financial assurance using one or more of the methods stated in paragraphs (1) through (4) of this section. ( 6 ) When a governmental entity is assuming ownership of a site, an arrangement that is deemed acceptable by such governmental entity. ( f ) Each person licensed under this part shall keep records of information important to the decommissioning of a facility in an identified location until the site is released for unrestricted use. If records important to the decommissioning of a facility are kept for other purposes, reference to these records and their locations may be used. Information the Commission considers important to decommissioning consists of— ( 1 ) Records of spills or other unusual occurrences involving the spread of contamination in and around the facility, equipment, or site. These records may be