Award

GB-Sheffield: RLS 3 Guarantee

BRITISH BUSINESS BANK

This public procurement record has 1 release in its history.

Award

12 Jul 2022 at 16:00

Summary of the contracting process

The public procurement process for the contract titled "GB-Sheffield: RLS 3 Guarantee" is being conducted by the British Business Bank, located in Sheffield, United Kingdom. This contract involves providing legal services related to the drafting and negotiation of the Recovery Loan Scheme Phase 3 Guarantee Agreement, with a total value of £120,000. The contract period is set from 6th July 2022 to 5th December 2022, and the procurement has reached the award stage, having been awarded to Simmons & Simmons LLP on 5th July 2022.

This tender represents a valuable opportunity for legal service providers with expertise in public sector financing and contract negotiation, particularly those with substantial experience in similar recovery schemes. Businesses that specialise in legal consulting and advisory services within the public sector and have the capacity to manage significant contract values would be well-suited to compete for similar contracts in the future, helping them to expand their portfolio and strengthen their market presence.

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Notice Title

GB-Sheffield: RLS 3 Guarantee

Notice Description

Advising the BBB on the drafting and negotiation of the Recovery Loan Scheme Phase 3 Guarantee Agreement

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-72a5b5ee-99a6-43a3-bcdd-6b030a9b9f2a
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/d21c6259-b046-48b0-a478-ab727d44374a
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
£120,000 £100K-£500K
Lots Value
Not specified
Awards Value
£120,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
12 Jul 20223 years ago
Submission Deadline
4 Jul 2022Expired
Future Notice Date
Not specified
Award Date
4 Jul 20223 years ago
Contract Period
5 Jul 2022 - 5 Dec 2022 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 BANK
Contact Name
Jack Trotter
Contact Email
jack.trotter@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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