Award

GB-Sheffield: Advising BPC on its participation in a Fund

BRITISH BUSINESS INVESTMENTS LTD

This public procurement record has 1 release in its history.

Award

13 May 2026 at 06:40

Award Notice
Summary of the contracting process

The procurement process initiated by British Business Investments Ltd, a wholly owned subsidiary of the British Business Bank, located in Sheffield, involves contracting for legal services under the title "GB-Sheffield: Advising BPC on its participation in a Fund". The project, classified under the industry category of Legal Services, takes place in the Yorkshire and the Humber region of the United Kingdom. The contracting process is in the Award stage, with the contract awarded to Ashurst LLP on 27th February 2026 for a duration from 2nd March 2026 to 31st May 2026, at a total value of GBP 40,000.

This tender offers opportunities for legal firms specialising in financial or investment advisory services to engage with a government-backed development entity, thereby enhancing their portfolio and expansion into public sector contracts. While Ashurst LLP, a large-scale organisation, was the successful supplier, other similar firms, especially those with expertise in legal advising for financial services, could benefit from participating in similar tenders. Firms that provide strategic legal insights into fund participation and wish to leverage their expertise towards government-related projects would find this sector advantageous for growth.

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Notice Information

Notice Title

GB-Sheffield: Advising BPC on its participation in a Fund

Notice Description

Legal advising BPC on its participation in a Fund this has been procured inline with the banks standard financial instruction 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-b5fd17-8ff69980-2a69-46fb-822a-b53b9bb03d91
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/a38a982e-fc2e-4977-963d-7d98a7d47cbc
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
£40,000 Under £100K
Lots Value
Not specified
Awards Value
£40,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
13 May 2026Yesterday
Submission Deadline
27 Feb 2026Expired
Future Notice Date
Not specified
Award Date
27 Feb 20262 months ago
Contract Period
2 Mar 2026 - 31 May 2026 1-6 months
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 INVESTMENTS LTD
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

ASHURST

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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