Award

Evaluation Services for Banking Business

BRITISH BUSINESS BANK PLC

This public procurement record has 1 release in its history.

Award

26 Mar 2026 at 14:33

Summary of the contracting process

The British Business Bank PLC, a central government public authority located in Sheffield, initiated a tender for Evaluation Services for Banking Business. This contracting process, classified under services within industry sector CPV 79419000, is in the award and contract stage with key dates indicating the contract was signed on 26th February 2026, and the service period extends from 27th February 2026 to 25th January 2029. The procurement method was limited, below threshold, allowing for limited competition within the procurement process. The location for fulfilling the contract is within the UKE32 region of the United Kingdom.

This tender represents a significant opportunity for businesses specialising in evaluation consultancy services, particularly those seeking to expand their portfolio with governmental contracts. With a gross contract value of £931,815.60, the active award to SQW Limited highlights opportunities for large-scale consultancy firms capable of delivering comprehensive evaluation services within the designated timeframe. Businesses suited to compete would be those with expertise in financial services evaluation, a robust operational scale, and a focus on strategic business growth in the public sector.

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Notice Title

Evaluation Services for Banking Business

Notice Description

Evaluation Services for Banking Business for British Business Bank

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-067553
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/028002-2026
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

79 - Business services: law, marketing, consulting, recruitment, printing and security


CPV Codes

79419000 - Evaluation consultancy services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£776,513 £500K-£1M

Notice Dates

Publication Date
26 Mar 20261 weeks ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
26 Feb 20261 months ago
Contract Period
27 Feb 2026 - 25 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

SQW

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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