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GB-Sheffield: Review of transaction documentation

British Business Financial Services Limited

This public procurement record has 1 release in its history.

Award

03 Aug 2026 at 08:00

Award Notice
Summary of the contracting process

British Business Financial Services Limited, part of the British Business Bank group, procured legal services to review transaction documentation for an equity investment. The requirement covers legal review of the documents associated with the investment transaction, carried out in line with the bank’s standard financial instruction. The service is classified as legal services and falls within the broader business and financial transaction support market. Delivery is in Yorkshire and the Humber, with the buyer based at Steel City House in Sheffield. This is a focused professional-services requirement for a legal practice experienced in reviewing investment documentation rather than a general banking, lending or operational support service.

The procurement has been completed and awarded. The award was made to Simmons & Simmons on 6 July 2026 for £26,500 including the stated currency of GBP. The contract runs from 7 July 2026 to 31 August 2026. The tender submission deadline was 6 July 2026. It was conducted as a tender for services under the buyer’s standard financial instruction, with the tender now marked complete. The award covers the full requirement for reviewing equity-investment transaction documentation. The buyer is British Business Financial Services Limited. The recorded outcome identifies one active award and one selected supplier; no separate lot awards are recorded.

For a supplier assessing future work from this buyer, the award demonstrates demand for specialist legal review connected with equity investment transactions. A credible competitor would need a legal team able to examine transaction documentation, identify and manage the legal issues arising from an investment, and work within a financial institution’s established internal instructions. Relevant experience in corporate finance, private equity, venture investment or comparable equity transactions would help demonstrate fit. The successful supplier was Simmons & Simmons, recorded as a large organisation, indicating that the requirement was suited to an established legal practice rather than a small or voluntary-sector provider. Firms should be able to deliver focused, time-sensitive document review for a public-sector-owned development-bank group.

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Notice Information

Notice Title

GB-Sheffield: Review of transaction documentation

Notice Description

Review of transaction documentation for equity investment 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-c0cfad89-d1a9-4931-a951-aae5d30e28cf
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/72d6d81f-fb31-41b5-b666-3478266e7835
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
£26,500 Under £100K
Lots Value
Not specified
Awards Value
£26,500 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
6 Jul 20263 months ago
Contract Period
7 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

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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