Award

GB-Sheffield: Investment Service Design

BRITISH BUSINESS BANK PLC

This public procurement record has 1 release in its history.

Award

04 Mar 2026 at 16:00

Award Notice
Summary of the contracting process

The British Business Bank PLC, located in Sheffield, is the buying organisation behind the recently completed procurement process titled "GB-Sheffield: Investment Service Design." This process, classified under the banking and investment services category, took place in the Yorkshire and the Humber region, UK. It culminated in an award phase with the contract active from 11 February 2026 to 31 May 2026. The procurement method details were not specified, but the tender was valued at £87,000 and became officially awarded on 4 February 2026, with the announcement published on 4 March 2026.

This contract offers significant opportunities for businesses specialising in service design and design thinking within the investment services industry. Although it does not focus directly on SMEs or VCSEs, companies with expertise in these areas, such as those with a similar profile to Hidden Strategy LTD—the awarded supplier—could find appealing prospects in such services. This procurement process can pave the way for businesses to leverage government-related contracts, expand their portfolio in the financial services sector, and enhance their visibility in public procurement networks.

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Notice Information

Notice Title

GB-Sheffield: Investment Service Design

Notice Description

Introduce Service Design, and Design Thinking, as a tool to be used within BBB 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-c7d8341e-f0eb-4ec8-994e-7518391e2e5a
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/53264a13-ea9c-4b7d-aa49-f1809dab799b
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
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66100000 - Banking and investment services

Notice Value(s)

Tender Value
£87,000 Under £100K
Lots Value
Not specified
Awards Value
£87,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
4 Mar 20261 weeks ago
Submission Deadline
4 Feb 2026Expired
Future Notice Date
Not specified
Award Date
4 Feb 20261 months ago
Contract Period
11 Feb 2026 - 31 May 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 BANK PLC
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
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

HIDDEN STRATEGY

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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