Stale Pre-tender

Cost Modelling Support

Details

Value
£500,000
Topic
Project and design preparation, estimation of costs
Published
23 April 2025
Submission
7 May 2025

Tender description

UKIFS seeks to ascertain cost modelling and programme costing support from June 2025 for an 18-month period. The cost estimation team for STEP are responsible for the production of the Whole Programme Cost Estimate for the project lifecycle of STEP, including management, engineering design, manufacture, assembly, commissioning and operation. This is calculated by the accumulation of lower-level estimates by system or sub-system. The fundamental goal being two-fold: -Supporting the production of business cases and spending reviews by estimating the most likely cost over the whole programme and associated tranches of work -Determining budgets to provide the financial baseline by which we report and measure progress at a project level. For more information about this opportunity, please visit the Delta eSourcing portal at: https://www.delta-esourcing.com/tenders/UK-title/4XB963TE53 To respond to this opportunity, please click here: https://www.delta-esourcing.com/respond/4XB963TE53

Timeline

  1. Completed: Pre-tender published23 April 2025
    Current notice

About the buyer

UK Industrial Fusion Solutions Ltd is a wholly owned subsidiary of the UK Atomic Energy Authority. The company was formed in November 2024 to deliver STEP Fusion. STEP is a prototype fusion power plant planned for West Burton in Nottinghamshire. Major delivery runs through an Integrated Delivery Team of industrial partners. ILIOS, a joint venture of Kier and Nuvia, is the construction partner. Tokamak Energy is the first system partner, for magnets.

Over the past 5 years, most of UK Industrial Fusion Solutions Ltd's contract awards have been in architectural and engineering services, software and information systems and research and development.

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