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:
ond issuance of AAA, AA, A, or BBB as issued by Standard and Poor’s, or Aaa, Aa, A, or Baa as rated by Moody’s; and (ii) tangible net worth is at least $10 million and at least 6 times the current decommissioning cost estimate or guarantee amount (or prescribed amount if a certification is used); and (iii) assets located in the United States amounting to at least 90 percent of its total assets or at least 6 times the current decommissioning cost or guarantee amount (or prescribed amount if certification is used). or DG-1348 Revision 1, Appendix A, Page A-32 (b)(i) net working capital and tangible net worth each at least 6 times the current decommissioning cost estimates or guarantee amounts (or prescribed amount if certification is used); and (ii) assets located in the United States amounting to at least 90 percent of its total assets or at least 6 times the amount of the current decommissioning cost estimates or guarantee amounts (or prescribed amount if certification is used); and (iii) meets two of the following three ratios: a ratio of total liabilities to net worth less than 2.0; a ratio of the sum of net income plus depreciation, depletion, and amortization to total liabilities that is greater than 0.1; and a ratio of current assets to current liabilities that is greater than 1.5; and (iv) tangible net worth of at least $10 million. (5) The Guarantor has majority control of the voting stock for the following licensee(s) covered by this guarantee. (List for each licensee: name, address, the facility(ies) owned or operated by each licensee, and the corresponding license number(s).) (6) “Decommissioning activities,” as used below, refers to the activities required by 10 CFR Part 50 or 10 CFR Part 52 for decommissioning the facility(ies) identified above. (7) For value received from [licensees] (if the Guarantor is a corporation, add “and pursuant to the authority conferred upon the Guarantor by (“the unanimous resolution of its directors” or “the