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GB-Sheffield: Legal services

British Business Investments Ltd

This public procurement record has 2 releases in its history.

AwardUpdate

27 Jul 2026 at 13:50

Award Notice
Award

22 Apr 2026 at 14:30

Award Notice
Summary of the contracting process

British Business Investments Ltd, part of the British Business Bank group, procured legal services relating to an investment transaction. The requirement covered legal advice and support for the transaction, with the scope later increased to include additional work. The buyer is based at Steel City House, Sheffield, and the work was delivered in Yorkshire and the Humber. This is a professional services opportunity for law firms with relevant transactional expertise, particularly firms advising development banks, investment businesses or other financial institutions. The procurement was categorised as legal services, within the wider services category, under CPV 79100000. The buyer is a government-owned development-bank business rather than a conventional banking institution.

The procurement is complete and was awarded to Linklaters LLP on 10 February 2026. The award value is £55,000 including the additional £15,000 added for further scope. The contract ran from 11 February 2026 to 31 March 2026. The requirement was handled as a tender for services, with submissions closing on 10 February 2026. The buyer’s stated rationale was that the investment-transaction legal work was procured in line with its standard financial instructions. The award is active, and Linklaters LLP is the selected supplier. The procurement was not divided into separate lots, so the stated value and contract period relate to the requirement as a whole.

For a competing supplier, this award demonstrates demand from British Business Investments Ltd for specialist legal support on investment transactions. A credible future supplier would need a strong transactional practice able to advise on investment work from instruction through completion, understand financial-institution requirements, and deliver within the buyer’s standard financial instructions. Relevant experience with development banks, investment companies or comparable public-sector financial bodies would help demonstrate suitability. The selected supplier is a large law firm, indicating that the buyer valued the capacity and depth to handle additional scope as the transaction developed. Firms seeking comparable work should be able to combine senior legal expertise with dependable delivery for investment-related matters.

How relevant is this notice?

Notice Information

Notice Title

GB-Sheffield: Legal services

Notice Description

NOTE: This notice was updated on 27 July 2026 for the following reason: PS15,000 added due to additional scope of work(Legal services relating to investment transaction this has been procured in line with the banks standard financial instruction) 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.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-1ffef13f-3c8c-4430-a8e7-eb9d445dc647
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/bcbb8ed2-794c-41b3-9924-01f6092f6794
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
£55,000 Under £100K
Lots Value
Not specified
Awards Value
£55,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
27 Jul 20261 months ago
Submission Deadline
10 Feb 2026Expired
Future Notice Date
Not specified
Award Date
10 Feb 20266 months ago
Contract Period
11 Feb 2026 - 31 Mar 2026 1-6 months
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

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
Postcode Area
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

Linklaters Llp

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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