The results are presented of a research project that is aimed at designing a gadolinium burnable poison (BP) system for complete reactivity control of a pressurized water reactor (PWR) core during the “equilibrium” cycle, resulting in the elimination of the soluble boron system, which represents a considerable saving in both capital and operating costs. A flat and strong negative moderator temperature coefficient is assured for a poison-free moderator. The design analysis of a core, heavily loaded with gadolinium BP rods, was based on a BGUCORE neutronic package and cluster model of a fuel assembly. The project objective was achieved by a novel lumped gadolinium BP rod, designed as an annulus of gadolinium, clad by zirconium, and inserted into vacant guide thimbles of fresh-fuel assemblies. Specific combinations were found for the inner/outer radii of the poison ring, gadolinium densities, and number of rods per assembly, resulting in an almost flat criticality curve during the cycle. A reactivity swing of ∼1% ΔK can be easily controlled by an existing system of control rods. Comparison of the fuel cycle length of a gadolinium-controlled core with that of the reference, soluble, boron-controlled core indicated that there is no penalty due to residual poison at end of life. Unique guidelines for the fuel loading strategy were applied to find a practical fuel-shuffling scheme by which the design and operational constraints of a typical PWR core of current design were satisfied. Several problems should be solved for a practical implementation of the presented design relative to operational and safety requirements of the existing control rod system. Adequate movement of the regulating rods should be determined and shutdown margins of the safety rods should be ascertained. Final judgment of the feasibility of the concept may be made following the solution of these and other regulatory-related issues.