Award

GB-Sheffield: Platform Funding

BRITISH BUSINESS INVESTMENTS LTD

This public procurement record has 1 release in its history.

Award

03 Oct 2025 at 09:40

Award Notice
Summary of the contracting process

British Business Investments Ltd, based in Sheffield, undertook a completed procurement process titled "GB-Sheffield: Platform Funding." This tender, falling under the "Legal services" industry category (CPV 79100000), was aimed at acquiring advisory services concerning investments into a lending platform. The tender was executed in accordance with the bank’s financial instructions, with legal services acquisition valued at £58,000. The procurement occurred in the Yorkshire and Humber region of the United Kingdom. The contract period began on 28th August 2025 and will conclude on 31st January 2026. The procurement process has reached the award stage, with Simmons & Simmons LLP being the supplier for this contract. This award was announced on 3rd October 2025.

This tender presents promising opportunities for businesses specialising in legal advisory services to participate in government-linked projects, particularly those looking to partner with a governmental development bank like British Business Investments Ltd. Although this specific opportunity has been awarded, similar future tenders might be suited for large-scale legal firms that can offer expert advisory on investment-related matters. Engaging in such contracts can enable firms to enhance their portfolios and demonstrate their capabilities in providing specialised legal services to government-owned entities.

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Notice Information

Notice Title

GB-Sheffield: Platform Funding

Notice Description

Advising British Business Investments Limited in connection with its proposed investments / financing into the lending platform this has been procured in line with the banks financial instructions 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-f70cd651-82d1-4cb8-b97e-ec28689f333c
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/1cbd11a6-27c8-46f9-8b83-5fbb048fed9d
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
£58,000 Under £100K
Lots Value
Not specified
Awards Value
£58,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
3 Oct 20254 months ago
Submission Deadline
26 Aug 2025Expired
Future Notice Date
Not specified
Award Date
26 Aug 20256 months ago
Contract Period
27 Aug 2025 - 31 Jan 2026 1-6 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 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
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

SIMMONS & SIMMONS

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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