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GB-Sheffield: Custodian Services

BRITISH BUSINESS BANK PLC

This public procurement record has 1 release in its history.

Award

20 Jul 2026 at 09:30

Award Notice
Summary of the contracting process

The British Business Bank PLC has completed a procurement process for "GB-Sheffield: Custodian Services," which focuses on financial and insurance services. The services will be delivered in the Yorkshire and the Humber region, United Kingdom. The procurement stage is at the award phase, with the contract being awarded to Killik & Co LLP on 13th March 2026. This contract, valued at £169,999, will run from 13th May 2026 to 12th March 2028. The British Business Bank, a development bank owned by HM Government, does not function as a conventional banking institution. The procurement did not specify a particular procurement method and was deemed unsuitable for small or voluntary community social enterprises.

This tender offers significant opportunities for large-scale businesses engaged in the financial services industry, particularly those capable of providing custody and safekeeping services. Businesses with a robust infrastructure that can support complex financial service assignments will find this contract beneficial for growth, especially within the UK market. The association with a governmental entity like the British Business Bank may enhance the business's reputation, opening doors to future public procurement opportunities and strengthening their portfolio within the financial services sector.

How relevant is this notice?

Notice Information

Notice Title

GB-Sheffield: Custodian Services

Notice Description

Custody and safekeeping services via Platform Securities 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-b5fd17-5eb98420-2d31-428d-96c5-f6fa9f5535f7
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/c8c83d1c-2bee-4a7e-9f12-860573d2b8a8
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

66 - Financial and insurance services

CPV Codes

66000000 - Financial and insurance services

Notice Value(s)

Tender Value
£169,999 £100K-£500K
Lots Value
Not specified
Awards Value
£169,999 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
20 Jul 20262 weeks ago
Submission Deadline
12 Mar 2026Expired
Future Notice Date
Not specified
Award Date
13 Mar 20264 months ago
Contract Period
12 May 2026 - 12 Mar 2028 1-2 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

KILLIK

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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