Uranium enrichment conference on modified contract option, Oak Ridge, Tennessee, July 22, 1975

The questions and answers presented in this document originated at an industry-wide meeting sponsored by the Energy Research and Development Administration held in Oak Ridge, Tennessee, on July 22, 1975, to discuss features and provisions of an ERDA plan to adjust contracts held by firms receiving uranium enriching services from ERDA. On June 19, 1975, ERDA announced terms of an expanded contract modification plan. The modified contract option broadened a previous plan proposed on January 15, 1975, by the former Atomic Energy Commission. The meeting in Oak Ridge on July 22, 1975, was designed to provide additional information on the expanded contract option and to offer ample opportunity for questions and answers prior to August 18, 1975, by which time enriching services customers who chose the one-time option had to so notify ERDA. The meeting included presentations by officials of ERDA Headquarters and ERDA's Oak Ridge Operations on the features of the contract adjustment offer, including provisions for contract termination in whole, separative work schedule adjustments, and uranium feed delivery schedule relaxation. (auth)