Award

GB-Sheffield: Legal services for fund close

BRITISH BUSINESS FINANCE LTD

This public procurement record has 1 release in its history.

Award

29 Jan 2026 at 10:10

Award Notice
Summary of the contracting process

The public procurement process for "GB-Sheffield: Legal services for fund close" was conducted by British Business Finance Ltd, a development bank wholly owned by the UK Government. The tender, which falls under the industry category of legal services (CPV code 79100000), was intended to procure legal expertise specific to fund closure activities. The procurement, located in Yorkshire and the Humber, UK, has progressed to the award stage with the contract being awarded to Hogan Lovells International LLP. Key dates include the tender period ending on 31st December 2025 and the contract period running from 1st January 2026 to 6th January 2026. The total contract value is £27,500 GBP.

This tender represents a substantial opportunity for businesses operating within the legal services industry, particularly those capable of serving the public sector and with expertise in fund management and closure. Potential suppliers who can deliver specialised legal solutions to support the British Business Bank's operations may find this contract beneficial for their growth. Though the procurement did not specify its method, it is particularly suitable for large firms given the scale of the contract and the expertise required. Businesses positioned in Yorkshire and with experience in financial and legal frameworks associated with development banks would have been well-suited to compete for this opportunity.

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Notice Information

Notice Title

GB-Sheffield: Legal services for fund close

Notice Description

Legal services for BBFL this has been procured in line 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-c9c3b439-c3ba-429f-9d7e-f1e49673ab44
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/ee6b63f8-6851-45fa-9cfe-d070782ac526
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
£27,500 Under £100K
Lots Value
Not specified
Awards Value
£27,500 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
29 Jan 20263 weeks ago
Submission Deadline
31 Dec 2025Expired
Future Notice Date
Not specified
Award Date
31 Dec 20251 months ago
Contract Period
1 Jan 2026 - 6 Jan 2026 30 days
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 FINANCE LTD
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

HOGAN LOVELLS INTERNATIONAL

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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