Award

Cost Modelling STEP

UNITED KINGDOM ATOMIC ENERGY AUTHORITY

This public procurement record has 2 releases in its history.

Award

03 Aug 2021 at 10:38

Tender

12 Mar 2021 at 19:05

Summary of the contracting process

The United Kingdom Atomic Energy Authority (UKAEA) is seeking to procure a cost modelling software solution as part of the "Cost Modelling STEP" initiative. This procurement is classified under the goods category, specifically financial analysis software packages, and is based in Culham, Oxfordshire. The procurement process is currently in the Award stage, with the contract having been finalised on 3rd August 2021, for a maximum duration of five years, involving an initial value of £99,000. The project anticipates the possibility of scaling up the number of software licences from an initial four during the contract's lifespan, which encompasses both platform support and training.

This procurement presents significant opportunities for businesses specialising in software development and deployment, particularly those focused on financial analysis and accounting solutions. Companies offering scalable software solutions and capable of providing training and platform support would be highly suited to engage in this market. Small and medium-sized enterprises (SMEs), especially those with capabilities in analytical software and experience within the energy sector, are particularly encouraged to consider submitting bids, given the competitive landscape highlighted by six bids already received.

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Notice Title

Cost Modelling STEP

Notice 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

Lot Information

Lot 1

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.

Options: 3+1+1 = 5 years

Renewal: 3+1=1= 5 Years

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-029b6c
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/018568-2021
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Goods
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
Not specified
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

48 - Software package and information systems


CPV Codes

48440000 - Financial analysis and accounting software package

48441000 - Financial analysis software package

48461000 - Analytical or scientific software package

Notice Value(s)

Tender Value
£230,000 £100K-£500K
Lots Value
£230,000 £100K-£500K
Awards Value
Not specified
Contracts Value
£99,000 Under £100K

Notice Dates

Publication Date
3 Aug 20214 years ago
Submission Deadline
12 Apr 2021Expired
Future Notice Date
Not specified
Award Date
2 Aug 20214 years ago
Contract Period
Not specified - Not specified
Recurrence
Three years if no extension taken

Notice Status

Tender Status
Complete
Lots Status
Cancelled
Awards Status
Active
Contracts Status
Active

Contracting Authority (Buyer)

Main Buyer
UNITED KINGDOM ATOMIC ENERGY AUTHORITY
Contact Name
Guy Wells
Contact Email
guy.wells@ukaea.uk
Contact Phone
+44 0123546

Buyer Location

Locality
ABINGDON
Postcode
OX14 3DB
Post Town
Oxford
Country
England

Major Region (ITL 1)
TLJ South East (England)
Basic Region (ITL 2)
TLJ1 Berkshire, Buckinghamshire and Oxfordshire
Small Region (ITL 3)
TLJ14 Oxfordshire CC
Delivery Location
Not specified

Local Authority
South Oxfordshire
Electoral Ward
Sandford & the Wittenhams
Westminster Constituency
Didcot and Wantage

Supplier Information

Number of Suppliers
1
Supplier Name

CALC4XL

Open Contracting Data Standard (OCDS)

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