A computation routine, capable of performing thermal design analysis of the triple-pressure bottoming system (heat recovery steam generator and steam turbine) of combined cycle power plants, is developed. It is based on thermal analysis of the heat recovery steam generator and estimation of its size and steam turbine power. It can be applied to various parametric analyses including optimized design calculation. This paper presents analysis results for the effects on the design performance of heat exchanger arrangements at intermediate and high temperature parts as well as steam pressures. Also examined is the effect of steam sources for deaeration on design performance.