This public procurement record has 1 release in its history.

Award

23 Oct 2026 at 08:22

Summary of the contracting process

British Business Bank plc commissioned recruitment services to appoint three non-executive directors. The requirement covers recruitment for three roles, with delivery in the United Kingdom. This is a professional recruitment assignment focused on senior board-level appointments for a public business bank. The buyer is British Business Bank plc, based in Sheffield. The service category is recruitment services (CPV 79600000).

The procurement is complete and has been awarded to Russell Reynolds Associates Limited. The award date was 20 January 2026, and the contract runs from 21 January 2026 to 31 October 2026. The awarded contract value is £125,000. The buyer used a selective call-off from a framework agreement. The tender submission deadline was 20 January 2026 at 17:00 UTC. The requirement was assessed as suitable for small and medium-sized enterprises. The recorded procurement information does not give evaluation criteria or a breakdown into lots.

This award shows demand from British Business Bank plc for specialist recruitment of non-executive directors, with three appointments handled through a single framework call-off. Russell Reynolds Associates Limited was selected, demonstrating that a supplier able to deliver senior-level recruitment for a UK public business bank was credible for this assignment. SMEs were considered suitable, so a smaller recruitment firm may be relevant if it can demonstrate the reach, judgement and delivery capacity needed for multiple board appointments. For a comparable requirement to be competitive, a supplier would need a strong record in identifying, assessing and placing non-executive candidates, and the capacity to manage several searches for the same buyer.

How relevant is this notice?

Notice Information

Notice Title

Non Exec Director X3 Recruitment

Notice Description

Recruitment of 3x Non Exec Director Roles

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-c2365fb7-72c1-48b1-be0a-789c2c6f0511
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/98d39552-c3c4-4d74-8f4f-3a9f0604c212
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Call-off from a framework agreement
Tender Suitability
SME
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

79 - Business services: law, marketing, consulting, recruitment, printing and security


CPV Codes

79600000 - Recruitment services

Notice Value(s)

Tender Value
£125,000 £100K-£500K
Lots Value
Not specified
Awards Value
£125,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
23 Oct 20264 days ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
20 Jan 20269 months ago
Contract Period
21 Jan 2026 - 31 Oct 2026 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 Bank
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
Not specified
Postcode Area
Not specified
Country
Not specified

Major Region (ITL 1)
Not specified
Basic Region (ITL 2)
Not specified
Small Region (ITL 3)
Not specified
Delivery Location
Not specified

Local Authority
Not specified
Electoral Ward
Not specified
Westminster Constituency
Not specified

Supplier Information

Number of Suppliers
1
Supplier Name

RUSSELL REYNOLDS ASSOCIATES LIMITED

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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