Award

Group Risk & Healthcare Brokerage

BRITISH BUSINESS BANK PLC

This public procurement record has 1 release in its history.

Award

26 Mar 2026 at 14:12

Summary of the contracting process

The British Business Bank PLC has successfully completed its procurement process for a "Group Risk & Healthcare Brokerage" service, which is categorised under insurance brokerage and agency services within the services industry. The procurement method employed was limited competition below the threshold, and involved a concession special regime. The buyer's central office is situated in Sheffield, United Kingdom, and the awarded contract is expected to last from January 23, 2026, to December 31, 2029. The procurement's legal basis aligns with UK legislation 2023/54, and the contract was signed on January 22, 2026.

This tender offers substantial potential for business growth, particularly for large-scale enterprises specialising in insurance and healthcare brokerage. Barnett Waddingham LLP, currently the contracted supplier, showcases that the procurement favoured well-established and sizeable firms capable of delivering services within the designated region of Sheffield. Companies with expertise in brokerage services and those seeking to expand their portfolio in public sector contracts should consider similar opportunities, which could provide stable and long-term revenue streams.

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Notice Title

Group Risk & Healthcare Brokerage

Notice Description

Group Risk & Healthcare Brokerage for British Business Bank

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-067545
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/027981-2026
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

66518000 - Insurance brokerage and agency services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£93,803 Under £100K

Notice Dates

Publication Date
26 Mar 20261 weeks ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
22 Jan 20262 months ago
Contract Period
23 Jan 2026 - 31 Dec 2029 3-4 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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