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GB-Sheffield: Project Meta

British Patient Capital Limited

This public procurement record has 1 release in its history.

Award

17 Sep 2026 at 10:00

Award Notice
Summary of the contracting process

British Patient Capital Limited procured legal services for Project Meta. The work involves reviewing legal documents in connection with a follow-on investment into a portfolio company, in line with the bank’s standard financial instructions. It is a specialist legal review rather than general administrative support, and is relevant to firms advising on investment transactions, portfolio companies and associated legal documentation. The procurement was managed by British Patient Capital Limited, part of the British Business Bank group, whose registered office is in Sheffield. Delivery is identified in Yorkshire and the Humber, United Kingdom. The relevant classification is CPV 79100000, legal services. The requirement sits within the services category and concerns transaction-related legal advice for an investment institution.

This procurement has been completed and the contract was awarded to Simmons & Simmons LLP. The award was made on 11 June 2026 for £29,500, with the contract running from 12 June 2026 to 12 October 2026. The tender closed on 11 June 2026. It was conducted as a tender for legal services, and the award is recorded as active. The published procurement information describes the work as being procured in line with the bank’s standard financial instruction. The selected supplier is a large legal practice based in London. The award covers the legal-document review and follow-on portfolio-company work described for Project Meta. No separate lots or multiple awards are identified.

This procurement indicates demand from British Patient Capital for focused legal support around follow-on investment into portfolio companies. A credible future competitor would need practitioners who can review and assess transaction documentation efficiently, understand investment structures and portfolio-company matters, and work in accordance with financial-institution procedures. Experience advising development banks, investment funds or comparable institutional investors would help demonstrate relevance, particularly where legal review must support an investment decision or follow-on transaction. The requirement suits an established specialist legal practice able to provide senior transactional advice and manage a defined review promptly. Firms should be able to show strong quality control, clear written reporting and familiarity with the legal and commercial issues arising when an investor continues its involvement in a portfolio company.

How relevant is this notice?

Notice Information

Notice Title

GB-Sheffield: Project Meta

Notice Description

Review of legal docs for follow-on into portfolio company 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-a2a97153-35de-4ca9-b890-c9b645f575d9
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/53d60d51-ec9d-43fb-a885-7e60100fd0aa
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
£29,500 Under £100K
Lots Value
Not specified
Awards Value
£29,500 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
17 Sep 20262 weeks ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
11 Jun 20263 months ago
Contract Period
12 Jun 2026 - 12 Oct 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

Simmons & Simmons 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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