25 July 2008
Response to Guardian Article of 24th July
The NDA submitted a response to the editor of the Guardian newspaper relating to its article of 24 July.
17 July 2008
Annual Report 2007/08 laid before Parliament
NDA has today laid its 2007/08 Annual Report & Accounts before Parliament.
10 July 2008
PAC Recommendations Welcomed
The NDA welcomes the Public Accounts Committee (PAC) report and its recommendations.
10 August 2007
Re-branding of NDA Sites
Contrary to media reports the re-branding of Sellafield did not cost £1.6 million.
22 February 2007
Statement on NDA Budget 2007/8
Statement on the NDA budget agreed by DTI for 2007/08.
Performance Updates
Find out more about NDA Sites' Performance, visit our Programme Performance Updates section.
We are funded through our commercial income and by the taxpayer through Government grant-in-aid. We are establishing a framework for the management of the nuclear legacy that enables us to:
- understand the programme of work ahead better; and
- to provide a firm basis for our grant-in-aid requirements.
The Lifetime Plan (formerly known as the Life Cycle Baseline (LCBL)) pulls together detailed plans showing the scope, schedule and cost for the work to be carried out on all sites. These long-term plans are essential in helping us to understand the costs of decommissioning. They provide an almost unprecedented level of detail and are a vital yardstick against which our progress and our contractors' progress in delivering the NDA programme are measured.
Work continues to improve the processes for estimating costs over long periods and monitoring and managing the risks inherent in the programme. We are committed to creating the controls, systems, resources and contractual bases to raise standards of financial discipline and risk reporting and to reduce uncertainties over the cost of decommissioning.
We need to ensure that we allocate a significant part of our funding to decommissioning and clean up, prioritise our spending, and ensure that risks are both managed and mitigated.
Note for Contractors
In the NDA's view, LC35 does not impose any financial obligations on the Site Licence Company or its Parent Body Organisation.
Where no contract is in place between a Site Licence Company and/or its Parent Body Organisation and the NDA in respect of a site which has been designated to the NDA, the NDA has financial responsibility for that site.
Where a contract is in place between a Site Licence Company and/or its Parent Body Organisation and the NDA then the financial obligations imposed on the Site Licence Company and/or its Parent Body Organisation are as set out in that contract.
| Key Issues | Our Approach | |
| Funding Requirements | Our estimates, based on the figures from the 2006 Lifetime Plan (LTP), show the estimated costs of delivering our remit (decommissioning, clean-up and commercial operations) to be £64.8bn undiscounted (£37.2bn discounted) - subject to audit. | We will consider the best allocation of funds between sites using the prioritisation process and other mechanisms. We have initiated a LCBL improvement process with the aim of developing a more robust baseline by 2008. We also have a PSA target of delivering annual efficiency gains of 2% from 2006/7. We achieved this in 2005/6, and we are asking our contractors to make savings of 7% over the next few years. |
| Funding for Decommissioning & Clean-Up | The correct balance of expenditure between site operations and decommissioning and clean-up of those sites, without prejudicing safety, security and the environment.
| We will set a target of spending at least £1bn per year on hazard reduction decommissioning and clean up.
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| Prioritisation | Prioritising the allocation of funds within and between sites and managing risks on a national basis. | In allocating funding by site, we will strive to achieve a balance between early wins and longer term success and between reducing hazards and earlier site clearance. We will determine how best to spend our money through an agreed prioritisation process. |