Planning

Governance, Risk and Compliance (GRC) software solution

BRITISH BUSINESS BANK PLC

This public procurement record has 1 release in its history.

Planning

13 Apr 2026 at 15:29

UK2 - Preliminary Market Engagement Notice
Summary of the contracting process

The British Business Bank Plc is currently in the planning stage of a public procurement process for a scalable, integrated Governance, Risk, and Compliance (GRC) software solution. This procurement will support organisational growth and meet regulatory obligations by consolidating risk data into a single platform. The procurement category is classified under services, specifically compliance software development services. Planned to be completed by 31st October 2032, the total contract period begins on 31st October 2026. Although this preliminary stage involves a market engagement questionnaire due by 24th April 2026, interested parties should note that future notices will be accessible after 18th May 2026. The procurement process, deemed above-threshold, is being conducted in the United Kingdom, with the project's central location in Sheffield.

This tender provides a compelling opportunity for businesses specialising in GRC software solutions, particularly those with expertise in compliance software development. Companies that can deliver scalable platforms, capable of enhancing operational efficiency and strengthening oversight, will find significant potential for business growth through this contract. As the British Business Bank Plc intends to move away from multiple systems and improve data synergy, firms with proven capabilities in data integration and management are well-positioned to benefit from this engagement. Given the high-profile nature of the buying organisation and the considerable contract value of £1,320,000 gross, this procurement process promises substantial exposure and long-term contractual opportunities within the public sector's central government segment.

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Notice Information

Notice Title

Governance, Risk and Compliance (GRC) software solution

Notice Description

The Authority aims to procure a scalable, integrated Governance, Risk and Compliance (GRC) software solution, capable of supporting its organisational growth and any required regulatory obligations. The solution is intended to consolidate risk data from across the Authority into a single platform that strengthens oversight, enhances analysis & reporting, improves operational efficiency, and ensures accountability. A GRC tool may also provide the opportunity to identify data synergies and move away from several systems used across the Authority. Purpose of the notice The Authority's aim in issuing this Pre-Market Engagement Questionnaire is to: Understand market capability, maturity and suitability Understand delivery approaches, risk and commercial viability Identify gaps, assumptions and market insights Responses gathered through this questionnaire will inform the Authority's approach to procuring a scalable, integrated Governance, Risk and Compliance (GRC) software solution capable of supporting organisational growth and meeting current and future regulatory obligations.

Planning Information

Engagement via one-way questionnaire. This stage is not mandatory for suppliers however those wishing to engage in this questionnaire please go to https;//www.delta-esourcing.com/respond/EH9886C8AG Should British Business Bank have any concerns, queries or clarifications with your response to the questionnaire, we may reach out to you. Please note we anticipate a high volume of interest in this exercise, and will therefore be unable to address supplier questions or attend individual supplier meetings as part of this stage.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-06814a
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/033422-2026
Current Stage
Planning
All Stages
Planning

Procurement Classification

Notice Type
UK2 - Preliminary Market Engagement Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Not specified
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

72 - IT services: consulting, software development, Internet and support

CPV Codes

72212170 - Compliance software development services

Notice Value(s)

Tender Value
£1,100,000 £1M-£10M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
13 Apr 20261 weeks ago
Submission Deadline
Not specified
Future Notice Date
18 May 20264 weeks to go
Award Date
Not specified
Contract Period
31 Oct 2026 - 31 Oct 2032 Over 5 years
Recurrence
Not specified

Notice Status

Tender Status
Planning
Lots Status
Planning
Awards Status
Not Specified
Contracts Status
Not Specified

Buyer & Supplier

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

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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