Award

GB-Sheffield: Business Continuity & Operational Resilience Software

BRITISH BUSINESS BANK PLC

This public procurement record has 1 release in its history.

Award

05 Mar 2026 at 11:00

Award Notice
Summary of the contracting process

The British Business Bank PLC, based in Sheffield, completed the contracting process for a Business Continuity & Operational Resilience Software under the IT software package category. The procurement was conducted through the RM1557.14 G-Cloud framework, with an awarded contract value of £160,000. The contract, which was awarded to Riskonnect, Ltd., commenced on 1 December 2025 and extends until 30 November 2028. Even though the procurement method details were not specified, key opportunities were available for large financial tech service providers in the Yorkshire and the Humber region. The procurement stage was marked as Award, with critical activity dates including the tender period ending on 11 June 2025.

This tender presents significant opportunities for businesses specialising in IT software solutions focused on operational resilience, particularly those capable of supporting comprehensive business continuity planning. Companies with expertise in developing software that efficiently assesses impact from disruptions in supplies, IT, or facilities would be ideally positioned to compete. Large enterprises in the tech industry, such as Riskonnect, Ltd., have successfully capitalised on these types of opportunities, highlighting the growth potential for similarly scaled organisations. The collaboration with the British Business Bank PLC, which plays a pivotal role in fostering economic prosperity, further opens doors to long-term partnerships and significant business growth.

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Notice Information

Notice Title

GB-Sheffield: Business Continuity & Operational Resilience Software

Notice Description

Software to record information regarding all activities undertaken across the Bank and then calculate the impact of those activities not being undertaken due to a disruption (e.g. to supplies, IT, facilities, etc etc) British Business Bank (BBB) utilised RM1557.14 G-Cloud 14 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-b5fd17-7c080dea-9ec7-48a4-aff4-c5cdf7aae9ca
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/9a8dabd3-9a46-4c16-b948-6a14eb5236dd
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

48 - Software package and information systems

CPV Codes

48517000 - IT software package

Notice Value(s)

Tender Value
£160,000 £100K-£500K
Lots Value
Not specified
Awards Value
£160,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
5 Mar 20261 weeks ago
Submission Deadline
10 Jun 2025Expired
Future Notice Date
Not specified
Award Date
10 Jun 20259 months ago
Contract Period
1 Dec 2025 - 30 Nov 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

RISKONNECT

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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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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