Award

GB-Sheffield: Office Acquisition

BRITISH BUSINESS BANK

This public procurement record has 1 release in its history.

Award

16 Feb 2026 at 14:00

Summary of the contracting process

The British Business Bank, located in Sheffield, has completed an office acquisition process titled "GB-Sheffield: Office Acquisition," focusing on building rental or sale services within the services industry category. This initiative was aimed at assisting the bank in searching for and acquiring new premises. The procurement reached the award stage, with the contract awarded to Savills UK Limited on 22nd December 2025, and publicly published on 16th February 2026. The contract value stands at £150,000, and it encompasses a contract period from 16th February 2026 to 31st August 2026. The procurement methodology details are unspecified, servicing locations including but not limited to the United Kingdom and British Overseas Territories.

This tender presents significant opportunities for businesses involved in building rental and sale services to expand their portfolio and gain influence in the sector. Although the contract was not suited explicitly for SMEs or VCSEs, it opens avenues for large firms like Savills UK Limited to provide comprehensive real estate solutions. Firms with capabilities in large-scale property management and acquisition can leverage such opportunities to enhance their service offerings and elevate their market presence. With a contract period beginning soon after the award date, eligible businesses can focus on delivering efficient and effective service to support the needs of the British Business Bank in this endeavour.

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Notice Title

GB-Sheffield: Office Acquisition

Notice Description

For the provision of assisting the Bank in searching and acquiring new premises. Additional information: This is a maximum value contract and was procured inline with the Banks SFIs (Standing Financial Instructions)

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-7c1c8069-e3d2-495c-898f-7d015ace9f1d
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/05a0397c-c9e0-4164-b355-f34ec60cce91
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

70 - Real estate services


CPV Codes

70310000 - Building rental or sale services

Notice Value(s)

Tender Value
£150,000 £100K-£500K
Lots Value
Not specified
Awards Value
£150,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
16 Feb 20261 weeks ago
Submission Deadline
22 Dec 2025Expired
Future Notice Date
Not specified
Award Date
22 Dec 20252 months ago
Contract Period
16 Feb 2026 - 31 Aug 2026 6-12 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
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
Not specified

Local Authority
Sheffield
Electoral Ward
City
Westminster Constituency
Sheffield Central

Supplier Information

Number of Suppliers
1
Supplier Name

SAVILLS

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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