STEP Whole Programme Cost Estimate - Independent Assurance
UK FUSION ENERGY LTDEstimated Value
Up to £200,000
Deadline
19 May 2026
Published
25 March 2026
Type
Not specified
Overview
Independent review of the STEP Whole Programme Cost Estimate as appropriate for finance cases as part of UK Government business case submission following the Green Book1: - Review of the current version of the model considering; accuracy of data, methodology used, calculations, uncertainty, escalation and inflation. - Provide comments on the current version of the model in an appraisal report. - Identification of missing content, as applicable. - Identification of areas of future work, as applicable. - This review activity should follow the guidelines specified in the AQuA Book2 and in the IPA Cost Estimating Requirements, STEP 6: Review and Assure3 Expected inputs: 1. STEP Whole Programme Cost Estimate Report 2.
STEP Estimating Strategy 3. STEP Cost Breakdown Structure 4.
Individual Product Area Reports and Cost Models 5. STEP Whole Programme Cost Estimate Spreadsheet
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Likely incumbents
Suppliers who won similar work from this buyer in the last 5 years.
- 1
The University of Manchester
3 contracts wonlatest 13 Oct 2026ends 2 Nov 2028£2m
total awarded
- 2
Fujikura Europe Ltd
£7m
total awarded
- 3
Amentum Clean Energy Limited
2 contracts wonlatest 13 Oct 2026ends 2 Nov 2028£6m
total awarded
- 4
Oxford Sigma Limited
2 contracts wonlatest 13 Oct 2026ends 2 Nov 2028£6m
total awarded
- 5
Kyoto Fusioneering Ltd
2 contracts wonlatest 13 Oct 2026ends 31 Mar 2027£2m
total awarded
The University of Manchester is the most likely incumbent based on recency and category match. To win, bidders typically need a clearly differentiated proposition or a price advantage.
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two years of filed accountsyour financial standingturnover vs contract valueyour Companies House recordcash flow for 30-day termscredit scores and ratios
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Buyer Profile
UK Industrial Fusion Solutions LTDKey Dates
Published
25 March 2026
Submission deadline
19 May 2026
Notice type
planning
Source
find a tender
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