2018 Report details for project: New Polar Research Vessel

Project name: New Polar Research Vessel - there are 4 reports for this project: 2016, 2017, 2018, 2019
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Organisation: BEIS (D1198) - see all reports for this organisation
Report year: 2018 (data is from Sept 2017)
Category: Infrastructure - see all reports for this category
Description: NERC/British Antarctic Survey has a business need to replace its two aging science/logistics support vessels with a new dual role purpose vessel. The FBC calculated that the NPV of the option selected as best overall Value For Money, (design, build operate a new dual role science/logistics support vessel) resulting in a saving of £102m over a period of 25 years representing the anticipated lifetime of the new asset. The reduction in vessel capacity and attendant running costs is predicted to deliver significant savings with only a minor impact of delivery of science days at sea. The Specification/Statement Of Requirements for the new vessel was developed in consultation with the key stakeholders including, but not limited to, the scientific user community; logistics support staff within the British Antarctic Survey and the Supply Side. Working with the selected shipyard, Cammell Laird we are optimising the design and on track to deliver the vessel in Q4 2017/18. NERC is not purchasing any steel. Steel purchased by the main contractor has due regard for the guidance and commercial best practice.
DCA (RAG): Amber/Green
DCA text: NERCs Programme Office has been monitoring all the IPA actions, which are now all in progress or closed. This activity is on schedule.
Start date: 2014-05-01
End date: 2022-12-31
Schedule text: Programme is on track to deliver to its agreed schedule.
Baseline: £113.00m
Forecast: £111.00m
Variance: -2.00%
Variance text: Budget variance less than 5%
Whole Life Cost: £1,403.00m
WLCost text: The whole life cost represents costs until 2043/44. These costs include the project costs until closure and recurring Antarctic Partition and Logistics infrastructure budget costs. Costs are calculated in nominal terms.
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Sourcefile: IPA_2018.csv

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Acknowledgement: GMPP data has been re-used under the Open Government Licence.