Contract award · 2 Apr 2026

STEP Construction Partner

UK Atomic Energy Authority awarded “STEP Construction Partner” to Ilios for £10bn on 2 Apr 2026.

Construction workSouth East

Value £10bn
WinnerIlios

Competition with a shortlist

Competitive procedure with a selection stage: suppliers were shortlisted before being invited to bid.

Key facts

Buyer
UK Atomic Energy Authority · Body governed by public law
Supplier
Ilios
Value
£10,000,000,000
Procedure
Competitive dialog
Sector
Construction work · Engineering works and construction works (CPV 45220000)
Timeline
  1. Contract date2 Apr 2026
  2. Published22 Apr 2026Published 20 days after the contract date

Description

UKIFS (now UKFE) has conducted this Procurement for a Construction Partner, who, together with a Fusion Partner (determined to be United Kingdom Atomic Energy Authority (UKAEA)), will bring together and develop extensive industrial capabilities to design and build a UK prototype fusion energy plant capable of delivering net-energy to the grid, and build a world-leading fusion delivery industry. The Procurement was originally divided into two lots: • Lot 1: Engineering Partner (EP) • Lot 2: Construction Partner (CP) However, Lot 1 - EP has since been cancelled. Lot 2 - CP is now the only Lot included in this Procurement exercise. The contract term for Lot 2 will expire 31 March 2029, followed by three (3) optional extension periods of four (4), six (6) and seven (7) years. UKFE will have the right to exercise an extension option at six (6) months' notice. The maximum contract duration will be twenty (20) years with an estimated value of £10,000,000,000 across this period.

About the supplier

  • Ilios: every public contract they have won.

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