Award

GB-Sheffield: AI Consultancy

BRITISH BUSINESS BANK PLC

This public procurement record has 1 release in its history.

Award

08 Aug 2025 at 07:45

Award Notice
Summary of the contracting process

The British Business Bank PLC, located in Sheffield, recently completed the procurement process for an AI consultancy service, awarded under the classification of "Business analysis consultancy services". The buying organisation operates as a development bank, wholly owned by the UK government, and is based in Steel City House, Sheffield. Procurement reached the award stage on 2nd June 2025. The contract, valued at £74,000, commenced on 2nd July 2025 and is set to conclude on 1st December 2025. The service delivery will be in Yorkshire and the Humber. While the procurement method was not specified, the tender process did not target SMEs or voluntary, community, and social enterprises (VCSE). The main procurement category was services, reflecting the nature of business analysis consultancy.

This tender, awarded to Pixie Labs (UK) Ltd, offers significant opportunities for growth within the business analysis sector, particularly for businesses equipped with expertise in AI consultancy. The contract creates a platform for the supplier to establish and solidify their presence within the government sector. However, given the lack of focus on SMEs and VCSEs, larger and more established companies would have been better positioned to compete for such opportunities. For businesses looking to expand their portfolio in public sector consultancy, engaging in similar contracts can lead to further engagements with government organisations, fostering long-term business growth.

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Notice Information

Notice Title

GB-Sheffield: AI Consultancy

Notice Description

Consultancy services 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-a0300807-1fe7-4c99-a5ef-92caee558fa3
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/39a8948f-6417-472d-b6eb-a9ced50c7b73
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
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

72 - IT services: consulting, software development, Internet and support

CPV Codes

72221000 - Business analysis consultancy services

Notice Value(s)

Tender Value
£74,000 Under £100K
Lots Value
Not specified
Awards Value
£74,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
8 Aug 20258 months ago
Submission Deadline
1 Jun 2025Expired
Future Notice Date
Not specified
Award Date
1 Jun 202510 months ago
Contract Period
1 Jul 2025 - 1 Dec 2025 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 BANK PLC
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

PIXIE LABS (UK

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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