Award

GB-Sheffield: Financial Newspaper Subscription Rep

BRITISH BUSINESS BANK PLC

This public procurement record has 2 releases in its history.

AwardUpdate

02 Oct 2025 at 10:30

Award

29 Jul 2025 at 11:25

Summary of the contracting process

The procurement process led by the British Business Bank PLC in Sheffield involves a contract for a financial newspaper subscription, specifically providing corporate group access to the Financial Times. This procurement, classified under the services industry category, includes additional classifications for newspapers and subscription services. The contract, with a total value of £20,403 GBP, was awarded to The Financial Times Limited and covers the period from 27th July 2025 to 26th July 2026. The procurement was aligned with the bank's Standing Financial Instructions, and the notice was last updated on 2nd October 2025 due to an additional allocation of £9,682 following an increase in demand.

This tender offers substantial opportunities for growth, particularly for large-scale organisations with expertise in providing business and economic media content in the Yorkshire and the Humber region of the UK. While the procurement method and specifics are not detailed, businesses specialising in subscription services or with competencies in delivering business-focused newspapers and periodicals could be well-positioned to engage in similar future opportunities. The completion of this tender facilitates further collaboration with prominent financial and corporate entities, expanding the supplier's market reach and potential client base.

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Notice Title

GB-Sheffield: Financial Newspaper Subscription Rep

Notice Description

NOTE: This notice was updated on 02 October 2025 for the following reason: Additional PS9,682 added due to increase in demand(Corporate Group Access to the Financial Times. Daily broadsheet that focuses on business and economic current affairs.) Additional information: This was procured inline with the Banks Standing Financial Instructions (SFIs)

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-ece67c92-fd40-4c1b-a503-7f96a883971f
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/e7258064-1d1f-45be-8d6b-ded005dc7555
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

22 - Printed matter and related products

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


CPV Codes

22200000 - Newspapers, journals, periodicals and magazines

22210000 - Newspapers

79980000 - Subscription services

Notice Value(s)

Tender Value
£20,403 Under £100K
Lots Value
Not specified
Awards Value
£20,403 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
2 Oct 20254 months ago
Submission Deadline
22 Jul 2025Expired
Future Notice Date
Not specified
Award Date
22 Jul 20257 months ago
Contract Period
26 Jul 2025 - 26 Jul 2026 6-12 months
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
BRITISH BUSINESS BANK PLC
Contact Name
Procurement
Contact Email
procurement@british-business-bank.co.uk
Contact Phone
01142062134

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

THE FINANCIAL TIMES

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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