Award

Social Media Management Tool

BRITISH BUSINESS BANK

This public procurement record has 1 release in its history.

Award

20 Apr 2026 at 18:23

Summary of the contracting process

The British Business Bank has completed a procurement process for a "Social Media Management Tool," specifically for scheduling content, monitoring notifications, and analysing social media performance. This contract, falling under the 'Software package and information systems' category, involves the delivery of goods across the United Kingdom. The procurement method was limited due to it being below threshold, indicating minimal competition. As of 2026-04-20, the contract has been awarded to Runtime Collective Limited, with the contract period commencing on 2026-04-19 and extending potentially until 2028-04-18, including a possible 12-month renewal. The business scope for this tender ties closely with the technology and software industry.

This procurement process creates business growth opportunities within the tech sector, particularly for companies specialising in software solutions for social media. As the contract involves comprehensive social media management services, businesses with expertise in digital communication technologies are best suited to compete in such opportunities. The contract's emphasis on scheduling, monitoring, and analytics caters to established large-scale enterprises like Runtime Collective Limited that possess the capability to deliver sophisticated technological services and maintain robust client support across the UK market.

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How relevant is this notice?

Notice Title

Social Media Management Tool

Notice Description

For the provision of Social media scheduling, monitoring and analytics tool to enable the Banks communications team to schedule content ahead of time, monitor notifications and analyse social media performance.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-0686d0
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/035846-2026
Current Stage
Award
All Stages
Award

Procurement Classification

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

Common Procurement Vocabulary (CPV)

CPV Divisions

48 - Software package and information systems


CPV Codes

48000000 - Software package and information systems

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£30,000 Under £100K

Notice Dates

Publication Date
20 Apr 20264 days ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
16 Apr 20261 weeks ago
Contract Period
18 Apr 2026 - 18 Apr 2027 6-12 months
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
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

RUNTIME COLLECTIVE

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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