---
title: "Cost Modelling STEP"
ocid: "ocds-b5fd17-5f2c5015-8cf0-4751-8d14-ed0a118fbdf1"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-5f2c5015-8cf0-4751-8d14-ed0a118fbdf1"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-5f2c5015-8cf0-4751-8d14-ed0a118fbdf1.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-5f2c5015-8cf0-4751-8d14-ed0a118fbdf1.json"
source: "Contracts Finder"
current_stage: "Tender"
buyer: "UNITED KINGDOM ATOMIC ENERGY AUTHORITY"
published: "2021-03-12"
---

# Cost Modelling STEP

Buyer: UNITED KINGDOM ATOMIC ENERGY AUTHORITY  
Current stage: Tender  
OCID: ocds-b5fd17-5f2c5015-8cf0-4751-8d14-ed0a118fbdf1

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## Summary

The United Kingdom Atomic Energy Authority (UKAEA) is currently engaged in an open procurement process titled "Cost Modelling STEP". This tender falls within the goods category, specifically targeting financial analysis and accounting software packages, with the procurement located in the South East region of the United Kingdom. Key dates include the tender period closing on 12 April 2021 and the contract period commencing on 13 April 2021, with a total estimated contract value of £230,000. The contract is structured for an initial period of three years, with possible extensions extending it to five years.

This tender represents a significant opportunity for software companies and financial service providers that specialise in cost modelling and accounting solutions, particularly those with experience providing analytical tools for complex projects such as fusion reactor development. Businesses equipped to deliver both top-down and detailed bottom-up costing solutions would find themselves well-positioned to compete. With the UKAEA transitioning from a basic costing framework to a more comprehensive model, firms able to offer innovative, scalable software solutions will be highly sought after.

## Notice

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

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/4ac0c749-f042-4857-bff5-9dc0a47c1027 |
| Notice type | Tender Notice |
| Procurement type | Standard |
| Procurement category | Goods |
| Procurement method | Open |
| Procurement method details | Open procedure |
| Tender suitability | Not specified |
| Awardee scale | Not specified |
| All stages | Tender |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 12 Mar 2021 |
| Submission deadline | 12 Apr 2021 |
| Future notice date | Not specified |
| Award date | Not specified |
| Contract period | 12 Apr 2021 - 14 Apr 2021 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £230,000 |
| Lots value | Not specified |
| Awards value | Not specified |
| Contracts value | Not specified |

## Status

| Field | Value |
| --- | --- |
| Tender status | Active |
| Lots status | Not specified |
| Awards status | Not specified |
| Contracts status | Not specified |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | UNITED KINGDOM ATOMIC ENERGY AUTHORITY |
| Locality | ABINGDON |
| Post town | Oxford |
| Postcode | OX14 3DB |
| Country | England |
| ITL 1 | TLJ South East (England) |
| ITL 2 | TLJ1 Berkshire, Buckinghamshire and Oxfordshire |
| ITL 3 | TLJ14 Oxfordshire CC |
| Local authority | South Oxfordshire |
| Electoral ward | Sandford & the Wittenhams |
| Westminster constituency | Didcot and Wantage |
| Delivery location | TLJ South East (England) |

## CPV Codes

### Divisions

- 48 - Software package and information systems

### Codes

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

## Release History

- 12 Mar 2021 at 19:31 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/4ac0c749-f042-4857-bff5-9dc0a47c1027

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/4ac0c749-f042-4857-bff5-9dc0a47c1027
  12th March 2021 - Opportunity notice on Contracts Finder
- https://uk.eu-supply.com/app/rfq/rwlentrance_s.asp?PID=37114&B=UK
  Additional data
- https://uk.eu-supply.com/ctm/Company/CompanyInformation/Index/72814
  User / Company

## Notice URLs

- http://www.gov.uk/government/organisations/uk-atomic-energy-authority

## Provenance

This Markdown file is an alternate public rendering of the D3 Tenders contract record. The canonical page is https://d3tenders.com/contract/?ocid=ocds-b5fd17-5f2c5015-8cf0-4751-8d14-ed0a118fbdf1. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-5f2c5015-8cf0-4751-8d14-ed0a118fbdf1.json.