- 14 - power contracts. The only reference to the operating license in the power contracts was to a general standard of operation and maintenance that was “in accordance with good utility practice and all applicable law, including the applicable provisions of the Atomic Energy Act of 1954, as amended, and of any licenses”. This general standard of operation and maintenance, without more, does not incorporate the operating license, or amendments or appendices thereto, into the power contracts. The operation of the plant was subject to many laws and regulations. For any changes that petitioner wanted to make in its plant equipment or operations, it had to submit an application for an amendment to its operating license to the NRC. Petitioner’s application was then subject to the review and approval of the NRC. Thus, the operating license and amendments and appendices thereto resulted from internally generated documents that were submitted to NRC by petitioner for approval. The purpose of the NRC was to oversee nuclear power plants, protect the health and safety of the public, and assure compliance with the law. NRC did not initiate or require petitioner to make modifications to its plant equipment or operations. The operating license was not prepared contemporaneously with the power contracts. The power contracts were entered into on May 20, 1968, and the operating license was issued onPage: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 Next
Last modified: May 25, 2011