July 13, 2014

Mallinckrodt Seeks Financial Assurance Relief for Missouri Decommissioning

By ExchangeMonitor
Mallinckrodt LLC is requesting that the Nuclear Regulatory Commission reduce the financial assurance needed for the remaining work at the Columbium-Tantalum (C-T) decommissioning project in Hazelwood, Mo. The reduction would result in the company only needing financial assurance for $5,660,337, compared to the current $21,113,000, almost four times less. According to Mallinckrodt, the remaining work at the site is much less than current estimates.
 
The company has already completed Phase 1 of the decommissioning, which involved the costly decommissioning of buildings and equipment, but it contends that the remaining work is much less than currently needed. “Mallinckrodt contends that the only outstanding work remaining is the NRC’s review and approval of the Draft Final Status Survey Reports for the Phase II remedial field work that has been completed,” a July 11 Federal Register notice said. “Mallinckrodt’s revised estimate includes contractor and consulting fees for the preparation of the Final Status Survey reports and final approval by the NRC, as well as, oversight costs and contingency fees as prescribed by the NRC’s regulatory guidance document.” Any person who may be affected by this approval by the NRC has 60 days to file a request for a hearing and a petition to intervene with respect to issuance of the amendment to the subject facility operating license or combined license.

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