Source: https://tendernation.io/opportunities/01a13b82-f3f4-73d9-ba80-6b3173b5ee40/cost-modelling-step

closed GB open procedure

# Cost Modelling STEP

[United Kingdom Atomic Energy Authority](https://tendernation.io/buyers/united-kingdom-atomic-energy-authority)

Estimated value

£150,000 to £230,000

Published

12 Mar 2021

Deadline

Closed

12 Apr 2021

## Who can bid

- Open procedure

    Anyone can submit a full tender; there is no shortlisting stage.

## About this tender

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

## CPV classification

Financial analysis and accounting software package

Source

Contracts Finder (UK)

[View official notice](https://www.contractsfinder.service.gov.uk/notice/5f2c5015-8cf0-4751-8d14-ed0a118fbdf1)

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