This public procurement record has 2 releases in its history.

AwardUpdate

26 Oct 2026 at 11:20

Award

24 Sep 2025 at 17:20

Summary of the contracting process

The British Business Bank commissioned a Small Business Finance Survey, a research services contract intended to gather evidence about finance for small businesses. The buyer is based in Sheffield. The survey’s delivery scope is stated as covering the United Kingdom and international locations, including Europe, the Channel Islands, the Isle of Man, British Overseas Territories and the rest of the world. This is a research and market-insight requirement rather than a purchase of goods or construction work.

The procurement is complete and was awarded to IPSOS (Market Research) Ltd. The award was made on 25 June 2025 for £139,999. The contract runs from 10 September 2025 to 9 September 2026. The stated tender deadline was 6 June 2025. The survey was procured through a further competition under the Crown Commercial Service Research & Insights Dynamic Purchasing System (RM6126). The contract was later extended, with an additional £144,128.25 added on 26 October 2026. The recorded award value remains £139,999; the extension amount is reported separately and is not combined with it. The opportunity was marked unsuitable for SMEs and voluntary, community and social enterprises.

For suppliers competing for a future requirement from the British Business Bank, this award signals demand for small-business finance research with a UK and international reach. A credible provider would need to deliver a survey spanning varied geographies and produce research relevant to small-business finance. The buyer used a further competition through the Research & Insights Dynamic Purchasing System, so familiarity with that route would be commercially relevant. The award went to IPSOS (Market Research) Ltd, a large market-research supplier, indicating that the work was placed with an established research provider. The requirement is best suited to organisations with the capacity to manage broad survey coverage and the research expertise to address finance access and use among small businesses.

How relevant is this notice?

Notice Information

Notice Title

GB-Sheffield: Small Business Finance Survey

Notice Description

NOTE: This notice was updated on 26 October 2026 for the following reason: Contract extended and additional value PS144,128.25 added.(For the provision of Small Business Finance Survey's. This was procured via a further competition via the CCS Research & Insights DPS - RM6126)

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-909058f4-9189-4347-ae7b-654704d118d7
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/84af19b7-098b-44c9-83d7-52e4caa250ee
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

73 - Research and development services and related consultancy services


CPV Codes

73110000 - Research services

Notice Value(s)

Tender Value
£139,999 £100K-£500K
Lots Value
Not specified
Awards Value
£139,999 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
26 Oct 2026Yesterday
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
25 Jun 20251 years ago
Contract Period
10 Sep 2025 - 9 Sep 2026 6-12 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 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
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
Not specified

Local Authority
Sheffield
Electoral Ward
City
Westminster Constituency
Sheffield Central

Supplier Information

Number of Suppliers
1
Supplier Name

Ipsos MORI

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

JSON Markdown

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.

Loading OCDS record...