Award

GB-Sheffield: Prefequity's SMA

BRITISH BUSINESS INVESTMENTS LTD

This public procurement record has 1 release in its history.

Award

29 Apr 2025 at 09:50

Summary of the contracting process

The procurement process for the tender titled "GB-Sheffield: Prefequity's SMA" was managed by British Business Investments Ltd, based in Sheffield. Focusing on the legal services industry, it falls under the CPV classification code 79100000. This contract was specifically for legal services associated with BBI, with its delivery area in Yorkshire and the Humber, United Kingdom. The procurement stage reached the "award" phase, successfully awarding Simmons & Simmons LLP with the contract, as announced on 18th February 2025. The contract period ran from 19th February to 31st March 2025, with a total contract value of £30,000. This project did not specify suitability for SMEs or VCSEs, and the procurement method details were not specified.

This tender presents opportunities for growth, particularly for large legal services firms capable of handling substantial projects in the Yorkshire and the Humber area. Competing entities would benefit from previous experience dealing with public sector projects and should ideally have a strong presence in the UK, as demonstrated by the awarding of the contract to a firm like Simmons & Simmons LLP. The engagement provides an opportunity not only to establish a partnership with British Business Investments Ltd but also to enhance industry credentials by delivering high-quality legal services tailored to financial investment firms.

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Notice Title

GB-Sheffield: Prefequity's SMA

Notice Description

Legal services for BBI

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-43319dbd-dc1e-4dfe-837e-b92b0ab62f68
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/1a2d1f0a-88a2-4b31-abce-c0f72dbfbd81
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
£30,000 Under £100K
Lots Value
Not specified
Awards Value
£30,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
29 Apr 202510 months ago
Submission Deadline
18 Feb 2025Expired
Future Notice Date
Not specified
Award Date
18 Feb 20251 years ago
Contract Period
19 Feb 2025 - 31 Mar 2025 1-6 months
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 INVESTMENTS LTD
Contact Name
Procurement
Contact Email
procurement@british-business-bank.co.uk
Contact Phone
01142062134

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

SIMMONS & SIMMONS

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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