Cost Modelling STEP

Concepts

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

Location

United Kingdom: Culham, Oxfordshire

Description

The UKAEA cost Management Team requires a cost modelling software solution, associated platform support and training. The team requires an initial 4 licences but may increase this number during the life of the contract. The contract will be in place for a maximum of five years 3+1+1 = 5 years

Total Quantity or Scope

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. Additional information: The solution must have flexibility to increase the number of users throughout the life of the contract.

Award Detail

Renewal Options

3+1+1 = 5 years

Award Criteria

CPV Codes

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

Indicators

• Options are available.

Other Information

** PREVIEW NOTICE, please check Find a Tender for full details. ** This is an award notice only not a call to competition.