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Record Management - Design Phase

British Business Bank

This public procurement record has 1 release in its history.

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19 Oct 2026 at 07:57

Award Notice
Summary of the contracting process

British Business Bank PLC procured design-phase support for its internal record lifecycle management, focused on data retention. This is an information technology consultancy service, covering the design of how the bank manages records through their lifecycle and retains data. The work was for the bank in Sheffield, England. The requirement is specific to internal records and retention rather than general software, internet or support services, so it is most relevant to suppliers experienced in designing records-management or data-retention approaches for organisations. The bank is the buyer and intended user of the work.

The procurement is complete and the contract was awarded to Fredward 16. The award date was 2 April 2026, and the contract runs from 2 April to 30 June 2026. The awarded contract value is £142,500; the estimated procurement range was £100,000 to £142,500. The bank used a direct, single-tender procedure below the applicable threshold, rather than a multi-supplier competition. The published details do not set out an evaluation scoring basis or supplier eligibility requirements beyond stating that the work was suitable for small and medium-sized enterprises. No lots are recorded. The contract covers the design phase of internal record lifecycle management and data retention.

For suppliers that did not win, this award demonstrates a focused requirement for designing internal records lifecycle and data-retention arrangements for British Business Bank PLC. A credible competitor for a future requirement would need to show practical expertise in records-management design, data retention and translating an organisation’s internal needs into a workable lifecycle approach. The work is a defined design-phase service, so experience producing clear, usable design outputs would be relevant. The procurement was considered suitable for SMEs, indicating that a smaller specialist provider could be relevant; the selected supplier itself is identified as an SME. This is evidence of demand for this specific type of records and retention consultancy at the bank, not a general opportunity in IT support or software development.

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Notice Information

Notice Title

Record Management - Design Phase

Notice Description

Internal Record Lifecycle Management - Data Retention

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-3dad024f-6927-420c-ac8d-15e4f876b495
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/85e14589-95e6-4897-836d-c07a902a1f1c
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Single tender action (below threshold)
Tender Suitability
SME
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

72 - IT services: consulting, software development, Internet and support

CPV Codes

72000000 - IT services: consulting, software development, Internet and support

Notice Value(s)

Tender Value
£142,500 £100K-£500K
Lots Value
Not specified
Awards Value
£142,500 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
19 Oct 20261 weeks ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
2 Apr 20266 months ago
Contract Period
2 Apr 2026 - 30 Jun 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 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
Not specified
Local Authority
Sheffield
Electoral Ward
City
Westminster Constituency
Sheffield Central

Supplier Information

Number of Suppliers
1
Supplier Name

Fredward 16

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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