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Legal for Commercial Services

British Business Bank

This public procurement record has 1 release in its history.

Award

17 Sep 2026 at 09:47

Award Notice
Summary of the contracting process

British Business Bank PLC procured legal services for reviewing lease agreements and related commercial-service requirements. The work falls within the legal services category and is classified under CPV 79100000. Delivery is in the United Kingdom, with the buyer based in Sheffield, England. This is a professional services requirement rather than a supply of goods or construction works. The procurement is suitable for small and medium-sized enterprises, so it is relevant to specialist legal practices and other suitably structured firms able to advise a public-sector financial institution on commercial leasing arrangements. The selected supplier, Wake Smith Solicitors Limited, is also an SME based in Sheffield, indicating that the requirement was delivered by a locally based specialist practice.

The procurement has been completed and was awarded to Wake Smith Solicitors Limited on 6 August 2026. The awarded value is £75,000. The contract runs from 7 August 2026 to 6 August 2027. The requirement was handled through a limited procedure using a competitive quotation below the applicable threshold. The submission deadline was 6 August 2026. The award is active and the tender status is complete. The contract covers the legal-services requirement as a single procurement rather than separate lots. The published outcome identifies one supplier and one award, with the contract value matching the estimated procurement value. Evaluation was conducted through the competitive quotation process; no separate quality, price or weighting criteria are stated in the available procurement information.

This procurement demonstrates demand from British Business Bank PLC for specialist legal advice on commercial lease agreements, delivered through a below-threshold competitive quotation route. A credible future competitor would need a practising legal team with relevant commercial property and lease-review capability, able to interpret, negotiate and advise on agreements used in a business setting. The buyer’s use of an SME supplier shows that a focused legal practice can be suitable for this type of requirement, without needing the scale of a large national firm. Firms seeking similar work should be able to provide clear, commercially practical advice, manage the buyer’s contractual risks, and demonstrate reliable delivery of legal services for a public-sector financial institution.

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Notice Information

Notice Title

Legal for Commercial Services

Notice Description

Legal services to look at lease agreements

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-d8b1bb9b-76cc-4f92-aa02-3075b32932de
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/530b82c1-d84c-4156-a511-28b665133e9b
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Limited
Procurement Method Details
Competitive quotation (below threshold)
Tender Suitability
SME
Awardee Scale
SME

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
£75,000 Under £100K
Lots Value
Not specified
Awards Value
£75,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
17 Sep 20262 weeks ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
6 Aug 20262 months ago
Contract Period
7 Aug 2026 - 6 Aug 2027 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
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
Not specified
Local Authority
Sheffield
Electoral Ward
City
Westminster Constituency
Sheffield Central

Supplier Information

Number of Suppliers
1
Supplier Name

Wake Smith Solicitors Limited

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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