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GB-Sheffield: Legal services

BRITISH BUSINESS INVESTMENTS LTD

This public procurement record has 1 release in its history.

Award

27 Jul 2026 at 07:30

Award Notice
Summary of the contracting process

The legal services procurement by British Business Investments Ltd, located in Sheffield, focuses on negotiating and settling the terms of the Limited Partnership Agreement (LPA) with Ashurst LLP as the supplier. This contract, classified under the legal services industry (CPV: 79100000), spans the region of Yorkshire and the Humber, UK, and falls under the procurement category of services. The procurement stage reached completion with the award active as of 1st May 2026, and the contract period running from 4th May 2026 to 31st March 2027, valuing at £40,000 GBP. British Business Bank Plc oversees this tender, which adheres to the bank's standard financial instructions, and British Business Investments Ltd, a wholly government-owned development bank, serves as the contracting authority.

This contract presents significant opportunities, particularly for large-scale legal businesses capable of engaging in high-level negotiations and settlements. Although the procurement method was not specified, the involvement of reputable buyer and supplier entities suggests scope for further collaborations and contracts. Firms experienced in navigating financial and regulatory frameworks within the UK would be best suited for such opportunities, with the potential for gaining prestige and establishing long-term business relationships with a governmental financial institution. This tender supports strategic business growth for suppliers adept at delivering precise legal services in financial structuring and agreements.

How relevant is this notice?

Notice Information

Notice Title

GB-Sheffield: Legal services

Notice Description

Negotiating and settling the terms of the LPA this has been procured inline with the banks standard financial instruction 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-b5fd17-57a3224e-9f22-40f9-85d5-06e1a985242b
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/2f5c04f0-ebe6-4a40-908f-bb8a9df49932
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
£40,000 Under £100K
Lots Value
Not specified
Awards Value
£40,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
27 Jul 20261 weeks ago
Submission Deadline
30 Apr 2026Expired
Future Notice Date
Not specified
Award Date
30 Apr 20263 months ago
Contract Period
3 May 2026 - 31 Mar 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 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

ASHURST

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

JSON Markdown

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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