Award

GB-Sheffield: Third Party Administration Support

BRITISH BUSINESS INVESTMENTS LTD

This public procurement record has 1 release in its history.

Award

20 Aug 2025 at 10:25

Award Notice
Summary of the contracting process

The British Business Investments Ltd, located in Sheffield, has completed a procurement process for "GB-Sheffield: Third Party Administration Support" under the development banking sector. This project falls under the industry category of Banking and Investment Services, specifically Investment Banking Services and Related Services, and will be executed across the Yorkshire and the Humber region. The procurement phase has advanced to the Award stage, with Alter Domus (UK) Ltd being the supplier. The contract was awarded on 17th July 2025, with the service period slated from 18th July 2025 to 17th July 2026. The total contract value stands at £25,500 GBP, although the precise procurement method details have not been specified.

This tender offers significant business growth opportunities, particularly beneficial for large-scale organisations that provide capital administration services within the UK. Enterprises specialising in third-party administration and investment banking services could broaden their clientele by leveraging this opportunity. The procurement was led by British Business Investments Ltd, a subsidiary of the British Business Bank group, actively supporting government-backed financial initiatives. Hence, businesses with experience in managing government contracts and regulatory compliance, especially those authorised by the Financial Conduct Authority, would be well-positioned to compete effectively in such tenders.

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Notice Information

Notice Title

GB-Sheffield: Third Party Administration Support

Notice Description

Capital and Investment Administration Services 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-b5fd17-34268ee2-f908-48ac-aa48-5f02ca283161
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/127c6adc-38c2-44fd-9e70-6ba1bfd83842
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

66 - Financial and insurance services

CPV Codes

66100000 - Banking and investment services

66120000 - Investment banking services and related services

Notice Value(s)

Tender Value
£25,500 Under £100K
Lots Value
Not specified
Awards Value
£25,500 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
20 Aug 20256 months ago
Submission Deadline
16 Jul 2025Expired
Future Notice Date
Not specified
Award Date
16 Jul 20257 months ago
Contract Period
17 Jul 2025 - 17 Jul 2026 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 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

ALTER DOMUS (UK

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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