This public procurement record has 1 release in its history.

Award

27 Jul 2026 at 13:30

Summary of the contracting process

British Patient Capital Limited procured specialist legal services for investment documentation. The appointed legal team was required to review, negotiate and settle the documentation and provide a report on the investment documentation used by British Patient Capital. The work falls within the legal services category (CPV 79100000) and supported the activities of British Patient Capital, a development-bank group company wholly owned by the UK Government. Delivery covered Yorkshire and the Humber, with the buyer based at Steel City House, Sheffield. This requirement is relevant to law firms with experience advising investment institutions, development finance organisations or comparable corporate investors on complex investment documentation and related transactional matters.

This procurement is complete and was awarded to Ashurst LLP. The award was made on 1 June 2026 for £32,000, including the stated currency of GBP. The contract runs from 2 June 2026 to 31 July 2026. Bids were due by 1 June 2026. It was a services procurement managed by British Patient Capital Limited, with the requirement covering legal review, negotiation, settlement and reporting on investment documentation. The award is active. The opportunity was identified as unsuitable for small and medium-sized enterprises and voluntary, community or social enterprises. The published outcome records one supplier and one award; no separate lots or alternative award values are identified.

For a law firm that did not win this procurement, the award demonstrates demand from British Patient Capital for focused transactional advice on investment documentation rather than general legal support. A credible competitor for a future requirement from this buyer would need a strong corporate and investment practice, with solicitors able to review documents in detail, negotiate with counterparties, settle final drafting and explain the resulting position in a clear written report. Relevant experience with investment funds, development finance, institutional investors or similar transactions would help demonstrate understanding of the commercial and legal issues. The buyer’s recorded preference against SME and VCSE participation indicates that future competitors should be established firms with sufficient specialist depth and capacity to handle the work to a tight timetable.

How relevant is this notice?

Notice Information

Notice Title

GB-Sheffield: Legal services NA for BPC

Notice Description

Reviewing, negotiating, settling and providing a report on the investment documentation, BPC utilised the Crown Commercial Services (CCS) 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-b5fd17-44a2c5e2-2487-4c62-a4ee-0005ccf9ee0c
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/96d734f1-1080-4b02-a9c7-4e16f5fb0a6e
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
£32,000 Under £100K
Lots Value
Not specified
Awards Value
£32,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
27 Jul 20262 months ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
1 Jun 20264 months ago
Contract Period
2 Jun 2026 - 31 Jul 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 Patient Capital Limited
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

Ashurst LLP

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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