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.

Planning

Cost Modelling Support

UK INDUSTRIAL FUSION SOLUTIONS

Contract Timeline

Publication Date

23rd April 2025 15:05:12 PM

Planning Deadline

6th May 2025 23:59:59 PM Expired
Contract Summary

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
Contract Details

Open Contracting ID

ocds-h6vhtk-050688

Publication Source

Find a Tender Service

Procurement Stage

Planning

Procurement Method

N/A

Procurement Method Details

N/A

Procurement Category

Services

Tender Suitability

Framework / DPS
Contract Classification

CPV Code(s)

CPV Division(s)
Awarding Authority

UK INDUSTRIAL FUSION SOLUTIONS

Buyer Name

Buyer Email

operationalprocurement.step@ukifs.uk

Buyer Phone

Buyer Address

Culham Science Centre

Abingdon

OX14 3DB

United Kingdom

View contract on Find a Tender Service

Cost Modelling Support

UK INDUSTRIAL FUSION SOLUTIONS

Contract Timeline

Contract Summary

Contract Details

Contract Classification

Awarding Authority