Process Modelling and Cost Estimation Software
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The Centre For Process Innovation Limited has awarded a contract to Aspen Technology Inc for the provision of Process Modelling and Cost Estimation Software. This direct award, valued at 200,000 pounds excluding VAT, is scheduled to run from November 5, 2026, to November 2, 2029. The procurement was conducted as a single supplier award due to technical justifications and the absence of reasonable alternative software options. AspenTech software has been integrated into the organization for approximately three years and serves as a critical engineering tool across various commercial and publicly funded projects. The software is utilized extensively throughout the organization to support essential functions including process development, process modelling, design verification, and cost estimation.
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