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Awarded · ResultStage · contract

United Kingdom Atomic Energy Authority

Cost Modelling STEP

Software & IT SystemsCPV 48000000 48400000 48440000 48460000
Value£99k
Awarded12 Apr 2021
Published3 Aug 2021
RegionSouth East
Outcome — awarded

This is a contract result notice, not an open opportunity. Details from the official award data.

Contract value in context
£99ktotal contract value
median £91k
this tender£0£1.1m

This sits in the upper-middle of the Software & IT Systems band — a substantial contract for the sector. Based on 30,286 valued Software & IT Systems tenders in our corpus.

The brief

This is an award notice only not a call to competition.

The UKAEA cost management team currently consists of 4 cost engineers.

The function is responsible for costing the STEP prototype and commercial fusion reactors.

Costing to date has been at top-down level and the aim is to transition to detailed bottom-up costing on sub-systems where the design reaches sufficient level of maturity.

Therefore, in the next 2 years, the fusion reactor costing will consist of both top-down and bottom-up costing.

Also, on suitable sub-systems and components, value engineering activities are planned.

A bespoke in-house solution is being used for the top-down model and a commercial external solution is being sought for the next steps of cost modelling that need to scale from the existing top-down to a full bottom-up cost model of the STEP prototype reactor as well as extrapolate to commercial fusion reactors.

The contract will be in place for 3 +1+ 1 Years - Total of 5 years

Key requirements

What the supplier must deliver

01

The function is responsible for costing

The function is responsible for costing the STEP prototype and commercial fusion reactors.

02

A bespoke in-house solution is being used

A bespoke in-house solution is being used for the top-down model and a commercial external solution is being sought for the next steps of cost modelling that need to scale from the existing top-down to a full bottom-up cost model of the STEP prototype reactor as well as extrapolate to commercial fusion reactors.

Derived from the notice text — always confirm against the original documents.

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Source & provenance
OCID
f1598fec-4492-425c-91c4-a8a2093f4685
Stage
contract · Contract
Source
Contracts Finder
Buyer ref
20210803105610-72814
View the original notice on Contracts Finder

Contains public sector information licensed under the Open Government Licence v3.0. Source data © Crown copyright.

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