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GB-Sheffield: Legal services for BPC

British Patient Capital Limited

This public procurement record has 1 release in its history.

Award

27 Jul 2026 at 12:10

Award Notice
Summary of the contracting process

British Patient Capital Limited procured specialist legal services for investment documentation used by British Patient Capital, a subsidiary of the British Business Bank. The requirement covered reviewing, negotiating and settling the documentation, followed by providing a report. It related to finance and high-risk or innovation investment work under the Crown Commercial Service RM6360 framework, Lot 3. The service falls within the legal services category. Delivery covered Yorkshire and the Humber, with the buyer based at Steel City House in Sheffield. British Patient Capital is part of the British Business Bank group, a government-owned development bank. The work was therefore aimed at supporting investment activity rather than general legal administration, and is relevant to law firms with corporate finance and investment transaction expertise.

The procurement is complete and was awarded to Ashurst LLP on 5 June 2026. The awarded value was £32,000 including the stated currency of GBP. The contract runs from 9 June 2026 to 31 July 2026. The tender closed for submissions on 8 June 2026. The requirement was procured as a services contract through the Crown Commercial Service RM6360 framework, Lot 3, covering finance and high-risk or innovation work. The award was active when recorded. The stated procurement category was legal services, under CPV 79100000. British Patient Capital Limited was the buyer. The award covered the investment-documentation review, negotiation, settlement and reporting requirement described for British Patient Capital.

This award indicates demand for a specialist legal practice able to support investment transactions involving finance, high-risk investments and innovation. A credible competitor would need strong experience reviewing, negotiating and settling investment documentation, together with the ability to produce a clear legal report for an institutional investment client. Familiarity with development-bank or public-sector investment environments would be useful, particularly where the client operates within a wider government-owned banking group but does not itself operate as a conventional bank. The buyer marked the opportunity as unsuitable for SMEs and selected a large law firm, so firms considering similar work should have substantial corporate finance capability, experienced transaction lawyers and capacity to handle concentrated, time-sensitive documentation reviews.

How relevant is this notice?

Notice Information

Notice Title

GB-Sheffield: Legal services for BPC

Notice Description

Reviewing, negotiating, settling and providing a report on the investment documentation, BPC utilised the Crown Commercial Services (CCS) RM6360, Lot 3 Finance and High Risk / Innovation 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-b5fd17-94d1956f-375b-49ec-ab94-b5fce70ec310
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/7413ca6b-150f-4eff-9582-9a950b099fba
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
£32,000 Under £100K
Lots Value
Not specified
Awards Value
£32,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
27 Jul 20262 months ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
5 Jun 20264 months ago
Contract Period
9 Jun 2026 - 31 Jul 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 Patient Capital 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

Ashurst LLP

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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