nda business plan 2022

Nuclear Decommissioning Authority: Draft Business Plan 2022 to 2025 for consultation

7th December 2021

Summary The NDA Draft Business Plan sets out key activities and expected progress for all 17 of the NDA's nuclear sites over the next 3 years. This consultation closes at 4pm on 31 January 2022 Consultation description The Draft Business Plan sets out what the main activities will be to advance our important clean-up and decommissioning work over the next 3 years, and what funding will be available for them. It also highlights some of the other essential work to enable us to carry out our mission-critical activities. This consultation ends on 31 January 2022. We want to hear from anyone who has a comment on any aspect of this document. Read the full report HERE Pdf 63 pages Dounreay details pages 51 and 52 Ways to respond Email to: [email protected] Write to: NDA Business Planning Business Plan Consultation Nuclear Decommissioning Authority Herdus House Westlakes Science and Technology Park Moor Row Cumbria CA24 3HU

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Nuclear Decommissioning Authority: Draft Business Plan 2023 to 2026 for consultation

The nda draft business plan sets out key activities and expected progress for all 17 of the nda’s nuclear sites over the next 3 years. we want to hear from anyone who has a comment on any aspect of this document..

The Draft Business Plan reflects the  Strategy  published in 2021 and sets out key activities and the progress the NDA expects across all its sites during the next 3 years, in line with the funding allocated by the  Department for Business, Energy & Industrial Strategy

The NDA seeks to maintain progress and maximise value for money by focusing on the highest hazards, whilst ensuring that safe, secure and environmentally responsible site operations are maintained across its estate.

Strategic outcomes that are due to be met in the three-year period, demonstrating major progress against our mission include:

• all exotic fuel defueled
• the end of plutonium and uranium separation
• all uranium consolidated
• all overseas high level waste exported

This year has seen major milestones completed including the closure of the Magnox Reprocessing Plant at Sellafield after 58 years and waste retrievals beginning from the Magnox Swarf Storage Silo – one of the NDA’s highest hazard facilities.

There have also been benefits of a simplified, stronger NDA group, including the development of group-wide strategies on topics such as sustainability. Pioneering and innovative steps are being taken across the NDA estate to maintain the commitment to become carbon net zero by 2050, and 2045 in Scotland.

There has been a focus in investing in communities living near NDA sites. The NDA Group Social Impact programme invests approximately £15 million per year in building a lasting social and economic legacy for future generations, leveraging millions more in the process.

The Business Plan also includes updated assumptions for when Magnox site end states will be reached, defined as the physical condition to which the site will be taken at the end of the decommissioning process, taking into account factors such as safety, community requirements and environmental sensitivities.

Given most end states will not be achieved for decades, the new assumptions are a best estimate of the earliest end date, based on a number of dependences, assumptions, risks and exclusions and are subject to site specific strategy development and approval.

The focus is on developing credible options to set direction which will be continually reviewed and optimised using the latest learning from across the estate, considering new technologies and innovative approaches and taking into account other influencing factors such as government policy and funding.

The consultation will run for eight weeks, from 12 December 2022 to 6 February 2023 in accordance with the criteria set out in the Cabinet Office’s Consultation principles guidelines. The NDA want to hear from anyone who has a comment on any aspect of this document.

More information on the consultation can be found HERE .

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NDA publishes Business Plan 2022–2025

LNB News 22/03/2022

Document Information

Issue Date: 22 March 2022

Published Date: 22 March 2022

Jurisdiction(s): England, Northern Ireland, Scotland and Wales

The Nuclear Decommissioning Authority (NDA) has published its Business Plan 2022–2025, following a consultation on the draft Plan which ran between December 2021 and January 2022....

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Business Plan Non-Disclosure Agreement (NDA)

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Updated December 22, 2022

A business plan non-disclosure agreement (NDA) allows someone to share a business plan without fear of a third party using it for their own benefit. Business plans are highly confidential, especially detailing a marketing strategy with a different approach to a specific market. An NDA makes the shared party liable if the plan is used for anyone else’s personal benefit.

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Creating a basic business plan

Understanding nondisclosure agreements, what to include in a nondisclosure agreement, refusal to sign a nondisclosure agreement.

Starting a business is exciting, but there are a lot of steps to take to get from brilliant idea to successful company. The most important building block of your new venture is your business plan, which you'll be sharing with a lot of people. Because of this, you'll want to use a nondisclosure agreement (NDA) to ensure your hard work and planning remains confidential.

Creating a strategic business plan not only allows you to think through every aspect of your business, it provides a tool you can use to get investors, funding, new customers, and partners.

A well-developed business plan helps you recognize and deal with many possible impediments to your success in advance. It also helps you sharpen your strategy so that you can hit the ground running. A good business plan takes weeks or months to create and requires a lot of research and planning. A basic business plan should include:

• M arket analysis and strategy. This section looks at market trends, the segment of the market you will target, and the strategies you'll use.
• C ompetitors. List the companies you see as your direct competitors and how you will differentiate yourself from them.
• Staffing and employees. You might list specific people who will join your team or identify key roles and skills you need in employees.
• Financial data. Include sales predictions, capital, debts, and more—basically all the financial details of your company.

You can create a business plan using a template or work with a legal service provider or an attorney to create one. Be sure the document is thorough and complies with your state's laws.

A nondisclosure agreement states that your business will give an individual or another business information that they agree to keep secret. If the agreement is breached , you can seek compensation. Using an NDA signals that the information you're sharing is private and critically important to your business.

An NDA is usually one-sided , meaning you're providing confidential information to the other person only. However, it could be two-sided, or mutual, if both parties are sharing confidential information with each other, such as if you're in talks with a potential partner.

Before sharing your business plan with potential investors, customers, partners, or banks, you should first have them sign an NDA , which should include the following information:

• Definition. Describe clearly what you are characterizing as confidential so that there can be no misunderstanding. Generally, you want to state that your entire business plan is confidential, as well as any supporting material you provide and any discussions you have about the business plan.
• Jurisdiction. The agreement should indicate which state's laws apply to the agreement.
• End of relationship. If you and the other party receiving the business plan decide not to work with each other and terminate your business relationship, the information you provided should be returned to you, destroyed, or deleted.
• Length of agreement. An expiration date is normally included, as NDAs cannot be open-ended.
• Ownership of the information. The NDA should make it clear that just because you're sharing information, you're not giving the receiving party any ownership rights in the information.
• Other people. The party you're sharing the business plan with may need to show it to people who work for or with them, such as their accountant or lawyer. The agreement should state that the NDA is binding on those third parties as well.
• Signatures. The agreement should be signed by you and someone from the receiving party who has legal authority to enter into the agreement. The NDA should make it clear that this person has the authority to do so and that their signature is binding on their company.

You may find that large banks or investors won't sign your NDA. This can be frustrating, but because such large funders review hundreds of business plans or pitches every month, they may see doing so as an undue burden.

To protect yourself, you could bring a digital copy of your business plan to your meeting and not allow them direct access.

Another idea is to put the business plan online behind a password, making sure to change the password often. You could also withhold as much confidential information as possible until the investor is seriously interested.

An NDA offers an important way to protect yourself as you share your business plan and seek investors or partners. Taking this extra step can ensure your ideas and data are not stolen or shared without your permission.

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What’s an NDA and when does your startup need one?

What’s an nda, is an nda legally binding, what type of information can you protect via an nda, what type of information doesn’t an nda cover, the dna of an nda: what should an nda include, how long does an nda last, should you ask an investor to sign an nda, who should sign an nda and when, what are the different types of nda, how to write an nda, kirsty macsween.

As a startup, a lot of your value is bound up in being able to do something another company can’t. Maybe you’ve developed an idea that will revolutionise an industry. Or you’ve invented proprietary technology that outpaces all your competitors.

It’s essential to your company’s survival to keep that information confidential as you get established. But you can’t grow without buy-in from potential investors and employees. And you can’t raise funds or run your business under a shroud of secrecy.

An NDA is the tool you need to negotiate that balance. It allows you to have confidential discussions with the people who need to know while preventing sensitive information from falling into the wrong hands.

In this guide, we’ll explain what exactly an NDA is, when to use one, when not to use one and how to work out which free NDA template is your best option.

• NDA DNA: What should an NDA include?

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An NDA stands for non-disclosure agreement. You might also hear them called confidentiality agreements. It’s a legal contract that establishes confidentiality between two parties during discussions about commercially sensitive information.

In effect, it stops the person receiving sensitive information from disclosing it publicly or using the information for their own benefit.

NDAs are designed to protect your company’s intellectual property and proprietary information. They protect the types of information and knowledge that are exclusive to your company, essential for you to carry out your business and would materially damage you if competitors had access.

When writing an NDA, it’s important to narrow your scope and be very specific about the type of information you’re protecting. If your terms are too vague, your NDA might not be enforceable.

A well-drafted NDA is legally binding, assuming that you’re willing to spend the time and effort needed to pursue legal damages in the event of a breach.

Even if you know you’re unlikely to take the other party to court, NDAs are still helpful in setting the expectation of confidentiality in your discussions. Bear in mind that you won’t want to be heavy-handed with NDAs during discussions with investors .

If the NDA is not written correctly and its scope is too broad, it might not be legally enforceable. You need to be very clear about exactly what information you’re protecting from disclosure. That’s one of the reasons why it’s important to use a good legal template for your NDA.

NDAs are a very valuable tool for startups who want to protect their confidential information, but startups often don’t have the time or money to bring legal action to enforce them. There are practical steps you can take to supplement your NDA to make sure your confidential information stays secret: – Restrict access to confidential information – your counterparts can’t disclose information they don’t have – Disclose information in stages – limit disclosure to a high-level overview without any sensitive information in early-stage discussions – Make sure all parties know the information they receive should be treated as confidential Anna Sivula Senior Legal Associate, SeedLegals

NDAs are not a way to implement a blanket ban on everything to do with your company. You can only protect specific pieces of information that aren’t already in the public domain.

You can use an NDA to protect commercially sensitive information and your company’s intellectual property .

Some examples of what you could protect via an NDA are:

• Specific code and technical processes – your trade secrets
• Customer lists and other CRM data
• Information about new products that haven’t launched yet
• Business plans
• Financial information about your company
• Your marketing strategy, including pricing arrangements

Anything that’s already in the public domain. You won’t be able to retrospectively make information confidential after you’ve talked about it openly. So if you’ve disclosed it yourself in a public setting – like a panel discussion or networking event – you won’t be able to protect that information from going public via an NDA.

It probably goes without saying that you can’t stop someone disclosing illegal activity, so an NDA won’t prevent information reaching the police or a regulator.

A well-drafted NDA will set out:

• details of both parties involved – the disclosing party (the provider of the information) and the receiving party (the individual or company receiving the information)
• a description of what the confidential information is, along with a legal definition of confidential information
• the context in which the information is being shared and the purpose for which it is shared
• how long the agreement will be in place for
• what the disclosing party is allowed to do with the information and, more importantly, what they’re not allowed to do with it

You should define an end-date as part of the non-disclosure agreement.

That end-date could be when the professional relationship between you and the other party naturally finishes, or when the information being shared is likely to be in the public domain anyway.

Theoretically, you could specify that the confidentiality obligations in the agreement continue indefinitely. But courts are highly unlikely to enforce an NDA in cases where the confidential information has become a part of public domain, or is out of date or has ceased to have any commercial value.

While technical information (like research data and software specs) can have commercial value almost indefinitely, business information is usually only valuable for a short time. You should set a realistic length of time for the duration of the NDA, depending on what type of information you need to protect. In practice, it’s common to specify a term of between two to five years.

In general, angel investors and VCs are unwilling to sign NDAs at the pitch stage. They’ll see many, many pitches, often from companies in the same sector – and there’s no incentive for them to expose themself to legal liability without getting anything in return.

So when pitching, it’s important to find a balance between talking credibly about your expertise without giving away proprietary secrets.

After you and your prospective investor are past the pitch deck and business plan stage, it’s reasonable to ask them to sign an NDA. As part of due diligence, you’ll share lots of information you don’t want to go any further, including detail in employment and commercial contracts.

So investors are a delicate subject, NDA-wise. But you’re on firmer ground with people who join or work inside (or alongside) your company. To protect your proprietary information, you should ask the following groups of people to sign an NDA.

You don’t have to create a brand-new NDA each time. It’s sensible to have a standardised agreement that you can update with specific terms as and when you need to. That means you’ll be able to send it out quickly.

Team members, like employees, consultants and advisors

You might not need an NDA if your team member is already covered by a contract that includes confidentiality terms, such as an Employment Agreement , Consultancy Agreement and Advisor Agreements . Often these types of contracts will already contain confidentiality clauses which will cover the information your team member comes into contact with as part of their role.

If you have any concerns that these terms aren’t strong enough, or your team member’s role gives them more access to sensitive information than originally planned, you can ask them to sign a separate NDA.

Co-founders

In theory, you and your co-founders are working towards a common goal and wouldn’t do anything to hurt the business. In practice, co-founders can part ways with companies they’ve built. And the risk is that they take valuable information to their new venture or even a competitor.

While Founder Agreements usually include strong confidentiality clauses, it’s worth making sure your company is protected from founder fallouts with a specific NDA.

Interviewing candidates

During the hiring process – especially for a senior role – you might need to discuss sensitive information. You can require interviewees to keep that information confidential by asking them to sign an NDA before the interview.

Suppliers and partners

If you’re working closely with another company, you should make sure there’s an NDA in place to protect your IP and proprietary information they might have access to.

There are two types of NDA, unilateral and mutual.

Unilateral NDA

This tells the person or company receiving information that they must not divulge, share or release that information. By signing the NDA, the receiving party is obliged to keep the information protected. Both parties sign the same document.

To allow two parties to share information freely with each other, you’ll want a Mutual NDA. This binds both parties in an agreement to keep each other’s information confidential. If your company is exchanging confidential information with someone or another company, then each party can create a Mutual Non-Disclosure Agreement for the other to sign.

At SeedLegals, when you create an NDA, it’s a Mutual Non-Disclosure Agreement because usually both parties share confidential information with each other.

Here’s why we offer Mutual NDAs: we often see parties sending out unilateral NDAs that heavily favour that party’s interests. In most cases, the other party will simply ask for the NDA to be made mutual without bothering to read any further. It’ll save you time to use a mutual NDA in the first place.

The easiest way to write an NDA is to start with a template and customise it so it’s right for your company.

On SeedLegals, it’s simple and speedy to generate the agreement, choose exactly the terms you need and send it straight to the other party to be signed online.

Our legal documents are written and reviewed by experts, so you can be confident what you’re sending is legally compliant. Plus, all templates feature handy tutorials to help you define your terms – and help from our specialist team is only a click away.

We store your documents securely for as long as you need, so you can access them again whenever you want.

Create your NDA for free with your SeedLegals seven-day free trial.

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• Corporate information

Nuclear Decommissioning Authority: Business Plan 2019 to 2022

Read the full outcome, nda business plan 2019 to 2022.

PDF , 2.85 MB , 48 pages

This file may not be suitable for users of assistive technology.

Detail of outcome

The consultation on our 2019 to 2022 draft Business Plan ran from 3 December 2018 to 4 February 2019, receiving 17 formal responses. We have considered feedback and made appropriate changes to amend the document since the draft was published.

The Plan received a positive reception with support for its new style and format.

NDA is conscious that the timing of our annual Business Plan consultation may cause difficulties for some stakeholders wanting to respond, but we are constrained to the current planned period due to the timing of seeking consultation responses and following the required approvals process. We will continue to review and improve the consultation process within the current constraints.

If respondents feel that their feedback has not been adequately addressed, then enquiries can be submitted to us via [email protected] .

Original consultation

The Business Plan sets out key activities and expected progress for all 17 of the NDA’s nuclear sites over the next 3 years.

This consultation ran from 4pm on 3 December 2018 to 4pm on 4 February 2019

Consultation description

We are seeking views from members of the public, nuclear regulators, employees within our subsidiaries and Site Licence Companies, trade unions, local authorities, Site Stakeholder Groups, Non-Governmental Organisations, other organisations and public bodies.

Draft Business Plan: Financial year beginning April 2019 to financial year ending March 2022

20-year overview.

PDF , 3.37 MB , 1 page

Draft Business Plan: financial year beginning April 2019 to financial year ending March 2022

PDF , 2.3 MB , 45 pages

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Final version of the Business Plan 2019 to 2022 available to download.

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