# 10 CFR § 950.10: Conditional agreement

> Federal · Regulations · In force

URL: https://www.frixlaw.com/law-library/statutes/ecfr-10-950.10

## Section

- **Citation:** 10 CFR § 950.10
- **Heading:** Conditional agreement
- **Jurisdiction:** Federal
- **Kind:** Regulations
- **Status:** In force
- **Text as of:** September 22, 2026
- **Source:** Publisher's official text
- **Location:** Title 10—Energy > CHAPTER III—DEPARTMENT OF ENERGY > PART 950—STANDBY SUPPORT FOR CERTAIN NUCLEAR PLANT DELAYS > Subpart B—Standby Support Contract Process

## Text

(a) Purpose. The Department and a sponsor may enter into a Conditional Agreement. The Department will enter into a Standby Support Contract with the first six sponsors to satisfy the specified conditions precedent for a Standby Support Contract if and only if all funding and other contractual, statutory and regulatory requirements have been satisfied.
(b) Eligibility. A sponsor is eligible to enter into a Conditional Agreement with the Program Administrator after the sponsor has submitted to the Department the following information but before the sponsor receives approval of the combined license application from the Commission:
(1) An electronic copy of the combined license application docketed by the Commission pursuant to 10 CFR part 52, and if applicable, an electronic copy of the design certification or early site permit, or environmental report referenced or included with the sponsor's combined license application;
(2) A summary schedule identifying the projected dates of construction, testing, and full power operation;
(3) A detailed business plan that includes intended financing for the project including the credit structure and all sources and uses of funds for the project, the most recent private credit rating or other similar credit analysis for project related covered financing, and the projected cash flows for all debt obligations of the advanced nuclear facility which would be covered under the Standby Support Contract;
(4) The sponsor's estimate of the amount and timing of the Standby Support payments for debt service under covered delays; and
(5) The estimated dollar amount to be allocated to the sponsor's covered costs for principal or interest on the debt obligation of the advanced nuclear facility and for incremental costs, including whether these amounts would be different if the advanced nuclear facility is one of the initial two reactors or one of the subsequent four reactors.
(c) The Program Administrator shall enter into a Conditional Agreement with a sponsor upon a determination by the Department that the sponsor is eligible for a Conditional Agreement, the information provided by the sponsor under paragraph (b) of this section is accurate and complete, and the Conditional Agreement is consistent with applicable laws and regulations.
Effective Date Note:At 71 FR 46325, Aug. 11, 2006, § 950.10 was revised. Paragraph (b) of this section contains information collection and recordkeeping requirements and will not become effective until approval has been given by the Office of Management and Budget.

## Nearby sections

- [10 CFR § 950.1 § 950.1 Purpose.](https://www.frixlaw.com/law-library/statutes/ecfr-10-950.1.md)
- [10 CFR § 950.2 § 950.2 Scope and applicability.](https://www.frixlaw.com/law-library/statutes/ecfr-10-950.2.md)
- [10 CFR § 950.3 § 950.3 Definitions.](https://www.frixlaw.com/law-library/statutes/ecfr-10-950.3.md)
- [10 CFR § 950.10 § 950.10 Conditional agreement.](https://www.frixlaw.com/law-library/statutes/ecfr-10-950.10.md)
- [10 CFR § 950.11 § 950.11 Terms and conditions of the Conditional Agreement.](https://www.frixlaw.com/law-library/statutes/ecfr-10-950.11.md)
- [10 CFR § 950.12 § 950.12 Standby Support Contract Conditions.](https://www.frixlaw.com/law-library/statutes/ecfr-10-950.12.md)
- [10 CFR § 950.13 § 950.13 Standby Support Contract: General provisions.](https://www.frixlaw.com/law-library/statutes/ecfr-10-950.13.md)
- [10 CFR § 950.14 § 950.14 Standby Support Contract: Covered events, exclusions, covered delay and covered cost provisions.](https://www.frixlaw.com/law-library/statutes/ecfr-10-950.14.md)
- [10 CFR § 950.20 § 950.20 General provisions.](https://www.frixlaw.com/law-library/statutes/ecfr-10-950.20.md)
- [10 CFR § 950.21 § 950.21 Notification of covered event.](https://www.frixlaw.com/law-library/statutes/ecfr-10-950.21.md)
- [10 CFR § 950.22 § 950.22 Covered event determination.](https://www.frixlaw.com/law-library/statutes/ecfr-10-950.22.md)
- [10 CFR § 950.23 § 950.23 Claims process for payment of covered costs.](https://www.frixlaw.com/law-library/statutes/ecfr-10-950.23.md)
- [10 CFR § 950.24 § 950.24 Claims determination for covered costs.](https://www.frixlaw.com/law-library/statutes/ecfr-10-950.24.md)
- [10 CFR § 950.25 § 950.25 Calculation of covered costs.](https://www.frixlaw.com/law-library/statutes/ecfr-10-950.25.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/ecfr-10-950.10. Check the current official text before relying on it. Not legal advice.