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GB-Sheffield: Project Infinity

British Business Financial Services Limited

This public procurement record has 1 release in its history.

Award

17 Sep 2026 at 10:10

Award Notice
Summary of the contracting process

British Business Financial Services Limited commissioned legal services for Project Infinity, concerning a proposed investment by BTIL. The requirement covered legal work set out in a request for proposals and was procured in line with the bank’s standard financial instruction. The service is classified as legal expenses insurance services, although the description indicates that the practical requirement was legal support connected with the investment. The buying organisation is British Business Financial Services Limited, based at Steel City House in Sheffield. Delivery was specified for Yorkshire and the Humber, United Kingdom. This is a professional services requirement for a significant financial or investment transaction, rather than general business support or routine legal administration.

The procurement has been completed and awarded. Simmons & Simmons LLP was selected as supplier on 17 August 2026 for £45,000, with the contract running from 18 August 2026 to 30 September 2026. The tender’s stated estimated value was also £45,000. The requirement was for services and was described as being set out in a request for proposals, with the investment-related procurement aligned to the bank’s standard financial instruction. The tender closed on 17 August 2026. The award is active and the tender status is complete. The opportunity was marked as unsuitable for small and medium-sized enterprises and voluntary, community or social enterprises. No lots or separate awards were identified.

This award indicates demand from the British Business Bank group for specialist legal support on an investment transaction involving BTIL. A credible competitor for a similar requirement would need a strong corporate, investment and financial-services legal capability, with experience advising on transactions rather than only delivering routine legal work. The work was shaped through a request for proposals and followed the bank’s standard financial instruction, so suppliers would need to respond effectively to structured requirements and understand the governance expected by a development-bank group. The selected supplier was a large law firm, indicating that the buyer valued substantial specialist capacity and the ability to support a complex transaction. Relevant firms should be able to demonstrate comparable investment, banking or transaction experience and coordinated delivery in the Yorkshire and the Humber market.

How relevant is this notice?

Notice Information

Notice Title

GB-Sheffield: Project Infinity

Notice Description

Legal work provided in the RFP (in relation to the proposed investment by BTIL 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-b8ecaa9d-8c74-4c99-869f-d582f9fa44d4
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/7cbe7e8c-181b-4428-acbc-e4af8403bca6
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

66 - Financial and insurance services

CPV Codes

66513100 - Legal expenses insurance services

Notice Value(s)

Tender Value
£45,000 Under £100K
Lots Value
Not specified
Awards Value
£45,000 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
17 Aug 20261 months ago
Contract Period
18 Aug 2026 - 30 Sep 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 Business Financial Services 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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