Award

Pensions Consultancy

BRITISH BUSINESS BANK PLC

This public procurement record has 1 release in its history.

Award

26 Mar 2026 at 12:19

Summary of the contracting process

The British Business Bank PLC, a public authority in central government located in Sheffield, has completed the procurement process for a pensions consultancy contract. The contract, with an award date of 26th March 2026, is aimed at providing pension consultancy services and falls under the services industry category. Initiated through a limited procurement method of below-threshold competition, this tender process culminated in awarding Barnett Waddingham LLP, a large-scale consultancy firm located in London. The contract period runs from 22nd January 2026 to 14th January 2029, with a gross value of £71,884. The tender was conducted under the legal framework established by the UKPGA 2023/54 and adheres to the special regime of concession.

This consultancy contract presents promising opportunities for large businesses with expertise in pension fund consultancy services. Organisations experienced in offering consultancy services to government bodies are particularly well-suited to compete in similar tenders, leveraging their capability to meet the specific requirements of public authorities. Participating in these processes allows businesses to expand their portfolio, gain credibility within the public sector, and foster long-term partnerships. Businesses looking to grow should consider similar opportunities within public procurement to enhance their visibility and impact in the industry.

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Notice Title

Pensions Consultancy

Notice Description

Pension Consultancy for British Business Bank

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-0674fd
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/027871-2026
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
UK7 - Contract Details Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Limited
Procurement Method Details
Below threshold - limited competition
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66523000 - Pension fund consultancy services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£59,904 Under £100K

Notice Dates

Publication Date
26 Mar 20261 weeks ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
21 Jan 20262 months ago
Contract Period
22 Jan 2026 - 14 Jan 2029 2-3 years
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Complete
Awards Status
Active
Contracts Status
Active

Contracting Authority (Buyer)

Main Buyer
BRITISH BUSINESS BANK PLC
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
Not specified

Local Authority
Sheffield
Electoral Ward
City
Westminster Constituency
Sheffield Central

Supplier Information

Number of Suppliers
1
Supplier Name

BARNETT WADDINGHAM

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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