Award

GB-Sheffield: Remuneration benchmarking data

BRITISH BUSINESS BANK PLC

This public procurement record has 1 release in its history.

Award

05 Dec 2025 at 15:40

Award Notice
Summary of the contracting process

The British Business Bank Plc, a development bank wholly owned by HM Government, conducted a procurement process for remuneration benchmarking data in the financial services sector. The tender, titled "GB-Sheffield: Remuneration benchmarking data," falls under the market research services category according to the CPV classification scheme. Located in Sheffield, Yorkshire and the Humber, the award stage was completed on 15 September 2025, with the contract spanning from 16 September 2025 to 15 September 2028. The procurement method was not specifically detailed in the information provided.

This tender presents growth opportunities particularly for large businesses capable of supplying financial remuneration data for benchmarking purposes. Although not suitable for SMEs or VCSEs, firms with significant expertise in market research services in the UK may find this contract valuable. Successful participation in such tenders can enhance the reputation and portfolio of businesses like Willis Towers Watson, which secured this contract, demonstrating the potential for increased visibility and revenue in the public sector market.

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Notice Information

Notice Title

GB-Sheffield: Remuneration benchmarking data

Notice Description

Remuneration data for financial services for benchmarking purposes 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-b5fd17-5cc1a5d9-df2e-4c34-ad74-c46b9e67c844
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/245f9f01-c115-421b-85a4-c2683e6298d8
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

79310000 - Market research services

Notice Value(s)

Tender Value
£74,375 Under £100K
Lots Value
Not specified
Awards Value
£74,375 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
5 Dec 20252 months ago
Submission Deadline
14 Sep 2025Expired
Future Notice Date
Not specified
Award Date
14 Sep 20255 months ago
Contract Period
15 Sep 2025 - 15 Sep 2028 3-4 years
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 PLC
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

WILLIS TOWERS WATSON

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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