Award

GB-Sheffield: Advising BBI on its participation in the Fund

BRITISH BUSINESS INVESTMENTS LTD

This public procurement record has 2 releases in its history.

AwardUpdate

18 Mar 2026 at 15:30

Award

28 Nov 2025 at 11:00

Summary of the contracting process

The public procurement process involves British Business Investments Ltd, located in Sheffield, UK, which is seeking legal services to advise BBI on its participation in the Fund. This tender, classified under the CPV code 79100000 for legal services, falls within the services industry category. The procurement stage is complete, with an award update noted on 18 March 2026. The contract period runs from 15 October 2025 until 31 March 2026, pinpointing Yorkshire and the Humber as the delivery region. An additional £16,780 was added to the scope on the latest update. The process does not specify particular procurement method details but emphasises large businesses' suitability to undertake the contract.

This tender presents significant growth opportunities for large-scale legal firms capable of providing expert advisory services, particularly those experienced in the financial services sector. With British Business Investments Ltd as the contracting authority, there is a notable chance to forge long-term collaborative relations with a government-backed development bank. Given the contract's nature and scale, businesses proficient in legal and investment advice with expertise in regulatory standards would immensely benefit from engaging with this opportunity, ensuring valuable business expansion. The role aligns best with firms like Simmons & Simmons LLP, who have been awarded the contract due to their ability to meet the specialised requirements.

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How relevant is this notice?

Notice Title

GB-Sheffield: Advising BBI on its participation in the Fund

Notice Description

NOTE: This notice was updated on 18 March 2026 for the following reason: Additional PS16,780 added due to increase in scope of work(Legal services for BBI) 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.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-fce3efe7-7a72-479a-90d3-0cdf64fd1692
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/eb841ac2-2d3d-4f79-8df4-15944de89446
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
£30,000 Under £100K
Lots Value
Not specified
Awards Value
£30,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
18 Mar 20261 months ago
Submission Deadline
13 Oct 2025Expired
Future Notice Date
Not specified
Award Date
13 Oct 20256 months ago
Contract Period
14 Oct 2025 - 31 Mar 2026 1-6 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 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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