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GB-Sheffield: Venture Capital Financial Returns

British Business Bank

This public procurement record has 1 release in its history.

Award

20 Jul 2026 at 12:00

Award Notice
Summary of the contracting process

British Business Bank Plc procured a specialist financial information service for venture capital and private debt markets. The requirement is an online information source and data provider covering venture capital fund performance, fund managers active in the market and private debt deals. This is a financial services support contract rather than a banking, lending or investment-management service. The buying organisation is the British Business Bank, a government-owned development bank based in Sheffield. Delivery covers Yorkshire and the Humber, United Kingdom. The work is relevant to providers of subscription-based financial databases, investment-market intelligence, private-markets research and related analytical information services.

The procurement is complete and was awarded through a tender process. The award was made to Preqin Ltd on 1 May 2026. The awarded value is £74,160, and the contract runs from 31 May 2026 to 30 May 2027. The tender submission deadline was 30 April 2026. Preqin is the selected supplier for the complete requirement. The contract is for services in the financial and insurance services category. The evaluation concerns the provision of market information and data on venture capital funds, fund managers and private debt deals. The requirement was identified as unsuitable for small and medium-sized enterprises and voluntary, community or social enterprise organisations.

For a supplier that did not win this procurement, the award demonstrates demand from the British Business Bank for authoritative, online private-markets data rather than general financial information. A credible competitor would need broad and reliable coverage of venture capital fund performance, identifiable fund-manager intelligence and private debt transaction data, presented through an accessible online information service. Useful strengths would include established relationships with investment managers and deal sources, robust data collection and verification, consistent historical performance information, and search or analytical tools that support institutional research. The requirement favours an established specialist provider with sufficient market coverage, technical capability and operational capacity to maintain a dependable subscription service for a public-sector development bank.

How relevant is this notice?

Notice Information

Notice Title

GB-Sheffield: Venture Capital Financial Returns

Notice Description

Online information source and data provider on Venture Capital fund performance, fund managers in the market and private debt deals. 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-b5fd17-229f247c-f56c-40ea-a646-0e868f38adc9
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/a79242be-594f-49db-9681-ae16b6f92260
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
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66000000 - Financial and insurance services

Notice Value(s)

Tender Value
£74,160 Under £100K
Lots Value
Not specified
Awards Value
£74,160 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
20 Jul 20262 months ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
1 May 20265 months ago
Contract Period
31 May 2026 - 30 May 2027 6-12 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 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
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

Preqin Ltd

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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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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