Award

GB-Sheffield: Review of transaction documentation for exit

BRITISH BUSINESS FINANCIAL SERVICES LIMITED

This public procurement record has 1 release in its history.

Award

01 Dec 2025 at 14:30

Award Notice
Summary of the contracting process

The public procurement process for the contract titled "GB-Sheffield: Review of transaction documentation for exit" has been completed. The buying organisation is British Business Financial Services Limited, part of the British Business Bank Plc group, based in Sheffield. This tender pertains to the legal services industry, classified under CPV code 79100000, with activities located in Yorkshire and the Humber, United Kingdom. The procurement process was reportedly unspecified in method. Key dates include the tender period ending on 5th June 2025, the contract period starting on 9th June 2025, and the contract finishing on 31st December 2025. The award for this contract was announced on 1st December 2025 to Ashurst LLP.

This contract presents significant opportunities for businesses engaged in the provision of specialised legal services. With a contract value of £25,000, the tender is ideally suited for established firms with the capability to handle transaction documentation in high-stakes situations. Although the procurement process did not specifically favour SMEs or VCSEs, large firms like Ashurst LLP effectively compete for and win such contracts, demonstrating how industry expertise and financial robustness can be leveraged for business growth in the legal services market.

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Notice Information

Notice Title

GB-Sheffield: Review of transaction documentation for exit

Notice Description

Legal services for BBFSL 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-af55af75-873f-48e3-b8bf-c301daa9bf08
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/824e9436-baa7-4f76-b35f-c1fab1df20c3
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
£25,000 Under £100K
Lots Value
Not specified
Awards Value
£25,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
1 Dec 20252 months ago
Submission Deadline
4 Jun 2025Expired
Future Notice Date
Not specified
Award Date
4 Jun 20258 months ago
Contract Period
8 Jun 2025 - 31 Dec 2025 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 FINANCIAL SERVICES LIMITED
Contact Name
Procurement
Contact Email
procurement@british-business-bank.co.uk
Contact Phone
01142062134

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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