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GB-Sheffield: Legal services Project Crimson

British Business Financial Services Limited

This public procurement record has 1 release in its history.

Award

03 Aug 2026 at 10:10

Award Notice
Summary of the contracting process

British Business Financial Services Limited procured legal services for Project Crimson. The requirement covered finance and high-risk or innovation-related legal work, using the Government Commercial Agency RM6360 Legal Panel, Lot 3. The main business category is legal services (CPV 79100000). The buyer is a British Business Bank group company, registered in England and Wales and based at Steel City House in Sheffield. Delivery is associated with Yorkshire and the Humber. The wider group is a development bank wholly owned by the UK Government; its companies are not generally banking institutions and do not operate as banks, although BBB Investment Services Limited is authorised and regulated by the Financial Conduct Authority. The procurement was for services rather than goods or construction works.

This procurement has been awarded and is complete. British Business Financial Services Limited selected Ashurst Perkins Cole as supplier. The award was made on 13 July 2026 for £34,000 including the published currency of GBP. The awarded contract period runs from 14 July 2026 to 31 August 2026. The tender submission deadline was 13 July 2026. The route used was the Government Commercial Agency RM6360 Legal Panel, Lot 3 for Finance and High Risk / Innovation. The award is recorded as active. The opportunity was assessed as unsuitable for small and medium-sized enterprises and for voluntary, community or social enterprises. It was a single requirement rather than a procurement divided into separately described lots.

For legal practices, this award demonstrates demand from a government-owned development-bank group for specialist advice on finance, high-risk and innovation matters. A credible future competitor would need relevant public-sector and financial-services legal experience, with the ability to advise on complex or higher-risk transactions and innovation-related issues. Familiarity with government legal-panel routes, including the RM6360 framework and its finance and high-risk or innovation category, would be commercially important. The named supplier is classified as a large organisation, while the requirement was marked unsuitable for SMEs and voluntary, community or social enterprises, so the strongest position is likely to be an established firm with sufficient specialist depth, quality controls and capacity to support a regulated financial-services environment. Sheffield and the wider Yorkshire and Humber market are relevant delivery locations.

How relevant is this notice?

Notice Information

Notice Title

GB-Sheffield: Legal services Project Crimson

Notice Description

Legal services Project Crimson BBFSL utilised the Government Commercial Agency (GCA) RM6360 Legal Panel for Government 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-b9e28249-3091-4e0e-a722-f6fd977cffc8
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/21446780-4574-4c8b-93fc-21f5e3a7368c
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
£34,000 Under £100K
Lots Value
Not specified
Awards Value
£34,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
3 Aug 20262 months ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
13 Jul 20262 months ago
Contract Period
14 Jul 2026 - 31 Aug 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

Ashurst Perkins Cole

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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