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National Grid is seeking the provision of a groupwide Cost Intelligence digital solution. National Grid Group is planning to invest around £70 billion over the next five years to scale and strengthen its existing network, ensuring it can meet the needs of customers now and in the future. To support this, National Grid is seeking to establish a new groupwide cost intelligence capability that enables better access to supplier, project and market cost data across the business. A digital solution is required as part of this capability. The solution will focus on Supplier and Market Intelligence and is intended to provide estimating, procurement, commercial and finance users with access to comparable supplier cost data, project final account data and relevant market-based insight. The solution is expected to bring together supplier bid return data, project final account data and relevant market indices into a single digital tool environment. It should enable users to search, query, analyse and compare cost data across relevant dimensions, including asset archetypes, Cost Breakdown Structure items, activities, regions, suppliers and unit rates, where the underlying data structure allows.
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