Award

GB-Sheffield: Review of investment documentation for a new investment

BRITISH BUSINESS INVESTMENTS LTD

This public procurement record has 1 release in its history.

Award

13 May 2026 at 11:40

Summary of the contracting process

The public procurement process titled "GB-Sheffield: Review of investment documentation for a new investment" was conducted by British Business Investments Ltd, a subsidiary of the British Business Bank Plc, located in Sheffield. The contract, which falls under the legal services category, was awarded to Ashurst LLP, a large-scale supplier based in London. The procurement related to a review of investment documentation utilising the Crown Commercial Services RM6360 Framework. The procurement process has been marked as complete, with the tender period ending on 11th March 2026 and the contract period running from 12th March to 30th April 2026. The total contract value amounted to £36,000, and the process was in the award stage as of 13th May 2026.

This tender offer presented an opportunity for businesses engaged in legal services to collaborate with a government-owned development bank, particularly those skilled in handling investment documentation under high-risk and innovative projects. While the procurement was not specifically suitable for SMEs or VCSEs, it could benefit larger legal firms that possess expertise in financial services and compliance within governmental frameworks. Such engagements provide opportunities to strengthen industry presence and establish credibility in the delivery of high-level investment consultancy.

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Notice Title

GB-Sheffield: Review of investment documentation for a new investment

Notice Description

Review of investment documentation for a new investment utilising the Crown Commercial Services (CCS) RM6360 Lot 3 Finance and High Risk / Innovation Additional information: British Business Bank Plc, registered in England and Wales, registration number 08616013, registered office Steel City House, West Street, Sheffield, S1 2GQ, a development bank wholly owned by the HM Government. It and its subsidiaries are not banking institutions and do not operate as such. With the exception of BBB Investment Services Limited they are not authorised or regulated by the Prudential Regulation Authority or the Financial Conduct Authority. BBB Investment Services Limited is authorised and regulated by the Financial Conduct Authority. A complete legal structure chart for the group can be found at www.british-business-bank.co.uk.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-00ad0843-ce91-450b-85dd-12c8d1bffd95
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/1c1170c5-3cac-457d-b85c-76dc3ed6f9b7
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Not specified
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

79 - Business services: law, marketing, consulting, recruitment, printing and security


CPV Codes

79100000 - Legal services

Notice Value(s)

Tender Value
£36,000 Under £100K
Lots Value
Not specified
Awards Value
£36,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
13 May 2026Yesterday
Submission Deadline
11 Mar 2026Expired
Future Notice Date
Not specified
Award Date
11 Mar 20262 months ago
Contract Period
12 Mar 2026 - 30 Apr 2026 1-6 months
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
BRITISH BUSINESS INVESTMENTS LTD
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
SHEFFIELD
Postcode
S1 2GQ
Post Town
Sheffield
Country
England

Major Region (ITL 1)
TLE Yorkshire and The Humber
Basic Region (ITL 2)
TLE3 South Yorkshire
Small Region (ITL 3)
TLE32 Sheffield
Delivery Location
TLE Yorkshire and The Humber

Local Authority
Sheffield
Electoral Ward
City
Westminster Constituency
Sheffield Central

Supplier Information

Number of Suppliers
1
Supplier Name

ASHURST

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts.

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