Award

BBB Structured Finance Legal Services Panel

BRITISH BUSINESS BANK

This public procurement record has 1 release in its history.

Award

10 May 2024 at 08:20

Summary of the contracting process

The British Business Bank recently completed the procurement process for the "BBB Structured Finance Legal Services Panel" tender worth £4,000,000. The tender falls under legal services category and was carried out through an open procedure. The tender period ended on 22nd March 2024, with a contract period starting on 10th April 2024 and ending on 9th April 2028. The award was made on 22nd March 2024.

This tender provides an opportunity for business growth for legal firms offering structured finance legal advice services. Small and medium-sized legal firms with expertise in structured finance transactions can compete for this contract. The British Business Bank, located in Sheffield, UK, awarded the contract to multiple large legal firms to form the BBB Structured Finance Legal Services Panel.

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Notice Title

BBB Structured Finance Legal Services Panel

Notice Description

British Business Bank ("BBB") undertook an open procurement exercise by which to create a Framework Agreement (the "Framework") for the appointment of a BBB Structured Finance Legal Services Panel for provision of legal advice services in relation to structured finance transactions.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-15b0bf69-f055-42a7-b4f7-0708f55dcd1a
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/5e1f05c5-8dac-4c2b-9e19-8811304abca0
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
SME
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
£4,000,000 £1M-£10M
Lots Value
Not specified
Awards Value
£4,000,000 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
10 May 20241 years ago
Submission Deadline
22 Mar 2024Expired
Future Notice Date
Not specified
Award Date
22 Mar 20241 years ago
Contract Period
9 Apr 2024 - 9 Apr 2028 4-5 years
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 BANK
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
Not specified

Local Authority
Sheffield
Electoral Ward
City
Westminster Constituency
Sheffield Central

Supplier Information

Number of Suppliers
11
Supplier Names

ASHURST

BAKER & MCKENZIE

BURGES SALMON

CLIFFORD CHANCE

DENTONS UK AND MIDDLE EAST

DUANE MORRIS

HOGAN LOVELLS INTERNATIONAL

NORTON ROSE FULBRIGHT

SIMMONS & SIMMONS

SLAUGHTER AND MAY

TLT

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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