Reauthorization and Extension of the Price-Anderson Act: Hearing Before the Committee on Energy and Natural Resources, United States Senate, One Hundredth Congress, First Session, on the Reauthorization and Extension of the Price-Anderson Act, March 18, 1987, Volume 4 |
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Common terms and phrases
$0 DISPOSAL 99th Congress accident ACTIVE AWARDS SUBJECT amended ANDERSON ACT ORDERED award fee AWARDING OFFICE BABCOCK & WILCOX bill CHAIRMAN CICA FLAG EXTENT claims CODE AND DESCRIPTION Committee COMP OR SOLICITATION compensation Congress CONTRACT VALUE GOVERNMENT DATA SYSTEM ACTIVE DATE AWARDEE DATE PRIOR FY Department of Energy DISPOSAL OF SPENT DOE contractors EXTENT OF COMP federal financial protection FORMAL ADVERTISING FUNDS PRE-CICA GOVERNMENT SHAR AWARDEE gross negligence HIGH LEVEL RADIOACTIVE indemnified legislation liability limit license limit on liability million misconduct NAVAL REACTOR NEGOTIATED NON-COMPETITIVE nuclear facilities nuclear incident nuclear power NUCLEAR REACTORS Nuclear Regulatory Commission nuclear waste OFFERS COMPETITIVE EXEMPTION OFFICE AND SERIAL PRE-CICA OTHER FORMAL PRE-CICA OTHER NEGOTIATED Price-Anderson Act QUESTIONS FROM SENATOR RADIOACTIVE WASTE Senator METZENBAUM SERIAL NUMBER PROGRAM SHAR AWARDEE SHARE SOLICITATION PROCEDURES SPENT NUCLEAR FUEL strict liability suppliers SYSTEM ACTIVE AWARDS Three Mile Island utilities VALUE GOVERNMENT SHAR ZIP CODE
Popular passages
Page 127 - The system as it has evolved over the past three decades is routinely referred to as a "delicate balance" by advocates for the nuclear industry. A close examination of this "balance" reveals a program which grants most of the benefits to the nuclear industry and shifts all of the risks and uncertainties to the public. This conclusion is reached by comparing the financial protection of a utility after an accident with the protection provided for members of the public. In the event of a serious nuclear...
Page 118 - ... board of such vessel, or for any loss, damage, or injury by collision, or for any act, matter, or thing, loss, damage, or forfeiture, done, occasioned, or incurred, without the privity or knowledge of such owner or owners, shall...
Page 95 - extraordinary nuclear occurrence' means any event causing a discharge or dispersal of source, special nuclear, or byproduct material from its intended place of confinement in amounts offsite, or causing radiation levels offsite, -which the Commission determines to be substantial, and which the Commission determines has resulted or -will probably result in substantial damages to persons offsite or property offsite.
Page 118 - ... thing, loss, damage, or forfeiture, done, occasioned, or incurred, without the privity or knowledge of such owner or owners, shall in no case exceed the amount or value of the Interest of such owner in such airship or other aircraft, and her freight then pending.
Page 114 - Contractor's business, or (2) all or substantially all of the Contractor's operations at any one plant or separate location in which this contract is being performed, or (3) a separate and complete major industrial operation in connection with the performance of this contract.
Page 344 - The aggregate indemnity for all persons indemnified in connection with each nuclear incident shall not exceed...
Page 84 - Subsection 170d by its terms merely supplements other authority DOE has to indemnify its own contractors. Price-Anderson, however, rounds out that authority so as to better assure the protection of the public at large. Contractor coverage prior to the PriceAnderson Act often was inconsistent, subject to individual contract idiosyncracies, inapplicable to subcontractors, and subject to the availability of appropriated funds. Subsection 170d was carefully designed to correct many of these deficiencies...
Page 57 - I appear before you on behalf of the Atomic Industrial Forum (AIF), the American Nuclear Energy Council (ANEC) and the Edison Electric Institute (EEI).
Page 351 - ... c. The Commission shall, with respect to licenses issued between August 30, 1954, and August 1, 1967, for which it requires financial protection, agree to indemnify and hold harmless the licensee and other persons indemnified, as their interest may appear, from public liability arising from nuclear incidents which is in excess of the level of financial protection required of the licensee.
Page 143 - As a practical matter, the insurance industry is strongly opposed to any increase in the length of the Price-Anderson statute of limitations. The insurers argue that their foreign reinsurers are not accustomed to such long statutes of limitations and are likely to withdraw insurance capacity if the statute of limitations were extended. This argument misses two critical points. First, as mentioned above, the effective statute of limitations in most jurisdictions is likely to be more than twenty years....