Cost Modelling STEP

Concepts

• abingdon
• financial analysis and accounting
• ukaea
• cost modelling step
• ukaea cost management team
• top-down model
• next steps of cost
• cost engineers
• cost model of the step prototype reactor
• step prototype

Location

Description

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 Codes

• 48440000 - Financial analysis and accounting software package
• 48441000 - Financial analysis software package
• 48461000 - Analytical or scientific software package

Other Information

Additional data https://uk.eu-supply.com/app/rfq/rwlentrance_s.asp?PID=37114&B=UK User / Company https://uk.eu-supply.com/ctm/Company/CompanyInformation/Index/72814