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Direct Valuations

British Business Bank

This public procurement record has 1 release in its history.

Award

17 Sep 2026 at 10:53

Award Notice
Summary of the contracting process

British Business Bank PLC procured direct valuation services for investments. The requirement falls within evaluation consultancy services and concerns the valuation of investment assets or holdings for the bank’s purposes. The work is to be delivered in the United Kingdom. The buyer is based in Sheffield, England. This is a professional services opportunity for firms specialising in investment valuation, financial analysis and related consultancy, rather than for suppliers of physical goods or construction services. The requirement is suitable for small and medium-sized enterprises, indicating that smaller specialist consultancies may be able to provide an appropriate service. The selected supplier is based in Brooklyn, New York, demonstrating that the requirement can be delivered by an international specialist as well as by a UK-based consultancy.

The procurement has been completed and the contract was awarded through an open procedure described as below threshold. The deadline for tenders was 30 April 2026, and the contract was awarded on that date. Chronograph, LLC was selected as the supplier. The awarded contract value is £170,000. The contract period runs from 21 July 2026 to 20 August 2028. The published procurement value is also £170,000. The process covered a single requirement for direct investment valuations, with no separate lots identified. The available evaluation information establishes an open competitive route and confirms SME suitability; the requirement was treated as a services procurement. The award is active and the tender status is complete.

For a supplier that did not win this procurement, the award provides a clear indication of British Business Bank PLC’s demand for specialist investment valuation support delivered over a substantial multi-year engagement. A credible competitor for a future requirement would need demonstrable expertise in direct valuations for investments, robust financial modelling and valuation methodologies, and the ability to produce defensible, well-documented advice for a public-sector financial institution. Capacity to manage recurring or varied valuation assignments across the United Kingdom would be relevant, alongside strong quality control, clear reporting and dependable delivery. The opportunity is suitable for SMEs, so a focused specialist consultancy could compete if it can demonstrate sufficient technical depth, financial-sector experience and operational resilience for the requirement.

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Notice Information

Notice Title

Direct Valuations

Notice Description

Direct Valuations for Investments

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-deba2b13-7c92-476b-b0f3-ac5532dc43a2
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/1f14540d-3f7d-4319-9ef1-98683bcde9dd
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure (below threshold)
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

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

CPV Codes

79419000 - Evaluation consultancy services

Notice Value(s)

Tender Value
£170,000 £100K-£500K
Lots Value
Not specified
Awards Value
£170,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
17 Sep 20262 weeks ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
30 Apr 20265 months ago
Contract Period
21 Jul 2026 - 20 Aug 2028 2-3 years
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

Chronograph, LLC

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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