Planning

Cost Modelling Support

UK INDUSTRIAL FUSION SOLUTIONS LTD

This public procurement record has 1 release in its history.

Planning

23 Apr 2025 at 15:05

Summary of the contracting process

The public procurement process for "Cost Modelling Support" is being led by UK Industrial Fusion Solutions Ltd, a sub-central government public authority, located at Culham Science Centre, Abingdon, United Kingdom. The procurement is currently at the planning stage, with key activities including a preliminary market engagement notice published on 23rd April 2025. Interested parties are encouraged to complete and return a questionnaire by 6th May 2025. The tender falls under the industry category of project and design preparation, specifically focusing on cost estimation and monitoring services. The procurement method is via tender initiation, and it aims to secure services commencing from July 2025 for an 18-month period.

This tender offers significant opportunities for businesses specialising in cost modelling and financial budget management, particularly those experienced in programme lifecycle estimation. Companies operating in related fields of engineering design, cost calculation, and project cost monitoring would be well-suited to compete for this contract, given the focus on producing comprehensive cost estimates and financial baselines for strategic project management and reporting. With a total value of £500,000, the tender is above threshold and provides a potentially lucrative contract for businesses aiming to expand their footprint in the public sector services domain.

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Notice Title

Cost Modelling Support

Notice Description

UKIFS seeks to ascertain cost modelling and programme costing support from June 2025 for an 18-month period. The cost estimation team for STEP are responsible for the production of the Whole Programme Cost Estimate for the project lifecycle of STEP, including management, engineering design, manufacture, assembly, commissioning and operation. This is calculated by the accumulation of lower-level estimates by system or sub-system. The fundamental goal being two-fold: -Supporting the production of business cases and spending reviews by estimating the most likely cost over the whole programme and associated tranches of work -Determining budgets to provide the financial baseline by which we report and measure progress at a project level. For more information about this opportunity, please visit the Delta eSourcing portal at: https://www.delta-esourcing.com/tenders/UK-title/4XB963TE53 To respond to this opportunity, please click here: https://www.delta-esourcing.com/respond/4XB963TE53

Planning Information

Interested parties should complete and return the questionnaire attached to the Market Engagement Notice in Appendix 1.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-050688
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/016605-2025
Current Stage
Planning
All Stages
Planning

Procurement Classification

Notice Type
UK2 - Preliminary Market Engagement Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Not specified
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

71 - Architectural, construction, engineering and inspection services


CPV Codes

71242000 - Project and design preparation, estimation of costs

71244000 - Calculation of costs, monitoring of costs

Notice Value(s)

Tender Value
£500,000 £500K-£1M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
23 Apr 202510 months ago
Submission Deadline
Not specified
Future Notice Date
6 May 2025Expired
Award Date
Not specified
Contract Period
1 Jul 2025 - 1 Jan 2027 1-2 years
Recurrence
Not specified

Notice Status

Tender Status
Planning
Lots Status
Planning
Awards Status
Not Specified
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
UK INDUSTRIAL FUSION SOLUTIONS LTD
Contact Name
Not specified
Contact Email
operationalprocurement.step@ukifs.uk
Contact Phone
Not specified

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

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts.

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