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GB-Sheffield: Project Beta

British Business Financial Services Limited

This public procurement record has 1 release in its history.

Award

17 Sep 2026 at 09:50

Award Notice
Summary of the contracting process

British Business Financial Services Limited, part of the British Business Bank group, procured legal services for a proposed investment by BTIL under the NSSIF programme. The requirement covered legal advice connected with that investment and was classified as legal services (CPV 79100000). The work was delivered in Yorkshire and the Humber, United Kingdom. The buyer is based at Steel City House in Sheffield. The procurement formed part of the organisation’s investment activity and was carried out in line with the bank’s standard financial instructions. This is a professional services requirement for a law firm or legal services provider with relevant investment, financial services and transaction expertise.

The procurement is complete and was awarded to Simmons & Simmons LLP. The award was made on 15 July 2026 for £36,000 including the stated currency of GBP. The contract ran from 16 July 2026 to 31 August 2026. The tender submission deadline was 15 July 2026. The procurement was for services and followed the bank’s standard financial instructions. The award was based on the requirement for legal services relating to the proposed BTIL investment under the NSSIF programme. British Business Financial Services Limited was the buyer, and Simmons & Simmons LLP was the selected supplier. The contract period and awarded value apply to this single requirement.

This completed procurement demonstrates demand from British Business Financial Services Limited for specialist legal support linked to public-sector-backed investment activity. A credible future supplier would need a legal practice capable of advising on investment transactions and the associated financial, corporate and regulatory issues, with experience relevant to development-bank or institutional investment environments. The requirement is suited to an established law firm able to provide focused transaction advice and work within formal banking financial instructions. Relevant experience with investment structures, public money, regulated financial services and complex commercial documentation would help a competitor demonstrate fit when this buyer next requires comparable support. The selected supplier was a large organisation, indicating capacity for this type of assignment.

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Notice Information

Notice Title

GB-Sheffield: Project Beta

Notice Description

Legal services in relation to the proposed investment by BTIL under the NSSIF programme 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-f91ad52b-a51e-48b9-a422-5b905a2997e2
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/7773f5aa-d55c-4139-8639-f6264c7de9e1
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
£36,000 Under £100K
Lots Value
Not specified
Awards Value
£36,000 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
15 Jul 20262 months ago
Contract Period
16 Jul 2026 - 31 Aug 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 Financial Services Limited
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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