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GB-Sheffield: Legal Services

British Business Investments Ltd

This public procurement record has 2 releases in its history.

AwardUpdate

25 Sep 2026 at 15:40

Award Notice
Award

22 Apr 2026 at 15:10

Award Notice
Summary of the contracting process

British Business Investments Ltd procured legal services relating to investment services. The work was for the company, which is based in Sheffield. The procurement is categorised as services. The description identifies investment services as the purpose of the legal work and says it was procured in line with the bank’s standard financial instruction. British Business Investments Ltd is part of British Business Bank, a government-owned development bank; the group says it is not a banking institution. The requirement is therefore relevant to law firms able to advise on investment services for a public-sector development finance organisation. The recorded delivery area is Yorkshire and the Humber.

The procurement is complete and Simmons & Simmons LLP was selected for the contract. The award was made on 26 February 2026, for £25,000. The contract period ran from 1 March to 31 March 2026. The scope was later increased, with an additional £10,000 added on 25 September 2026; the published award value is £25,000. The tender deadline was 26 February 2026. The available information does not set out the evaluation basis or explain the procurement route, so the outcome cannot be attributed to particular scoring criteria or a stated procedure. The reported award is active.

This award demonstrates a requirement for legal advice connected with investment services at British Business Investments Ltd, and an increase in scope during the process. For a future comparable requirement, a credible supplier would need to show that it can advise on the legal issues arising from investment services and respond to changes in scope. The contract was awarded to a large law firm, indicating that a supplier with the capacity to deliver this type of specialist legal work is relevant to the buyer’s requirement. The award does not identify particular accreditations, technical qualifications or experience thresholds, so these cannot be treated as stated conditions. Firms whose legal practice covers investment services for development finance organisations are the closest fit to the work evidenced here.

How relevant is this notice?

Notice Information

Notice Title

GB-Sheffield: Legal Services

Notice Description

NOTE: This notice was updated on 25 September 2026 for the following reason: Additional PS10,000 added due to increase in scope of work.(Legal service for investment services this has been procured inline 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-f1dc2f29-a2c2-4730-a093-65ade09fab3c
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/1a1da2f1-08dd-4da0-91c2-6ea702e1dfae
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
£25,000 Under £100K
Lots Value
Not specified
Awards Value
£25,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
25 Sep 20261 months ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
26 Feb 20268 months ago
Contract Period
1 Mar 2026 - 31 Mar 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 Investments 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
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
TLE Yorkshire and The Humber
Local Authority
Sheffield
Electoral Ward
City
Westminster Constituency
Sheffield Central

Supplier Information

Number of Suppliers
1
Supplier Name

Simmons & Simmons LLP

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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