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GB-Sheffield: Market Intelligence platform

BIP SOLUTIONS LIMITED

This public procurement record has 1 release in its history.

Award

05 Oct 2026 at 11:02

Award Notice
Summary of the contracting process

The British Business Bank procured a market intelligence platform providing access to broker research, market intelligence and expert insights across industries. This is a business intelligence software service for the bank, a development bank wholly owned by the UK Government. Delivery is in Yorkshire and the Humber. The buying organisation is identified in the procurement as BIP Solutions Limited.

The procurement is complete and the contract was awarded to AlphaSense Inc. on 5 February 2026. The awarded contract value is £120,000. The contract period runs from 26 March 2026 to 25 March 2028. The procurement was classified as a services contract; its method is described as “Other – Not Disclosed”. The stated tender deadline was 25 March 2026. Small and medium-sized enterprises and voluntary, community and social enterprises were marked as unsuitable. The procurement information does not set out an evaluation basis or a lot structure.

This award demonstrates demand from the British Business Bank for a market intelligence platform that combines broker research, industry intelligence and expert insight. Suppliers competing for a future requirement from this buyer would need to provide access to these sources across industries through a usable platform. The selected supplier, AlphaSense Inc., is identified as a large organisation, and SMEs and voluntary, community and social enterprises were marked unsuitable for this procurement. A credible competitor should therefore be able to show broad, relevant research coverage and the capacity to serve a large institutional buyer. The requirement is for an ongoing software service rather than a one-off report, so the offer should support sustained access to market intelligence and expert material. The award does not identify further technical or accreditation requirements.

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Notice Information

Notice Title

GB-Sheffield: Market Intelligence platform

Notice Description

Market Intelligence platform giving access to broker research, market intelligence and expert insights across industries. 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-b5fd17-801b1fe1-a850-46b2-b302-338191db61ca
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/0799a12d-9a74-478c-aad6-005e661e1479
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
Other - Not Disclosed
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

48 - Software package and information systems

CPV Codes

48482000 - Business intelligence software package

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
5 Oct 2026Yesterday
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
5 Feb 20268 months ago
Contract Period
26 Mar 2026 - 25 Mar 2028 2-3 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
BIP SOLUTIONS LIMITED
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
Postcode Area
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

AlphaSense Inc

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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