This public procurement record has 2 releases in its history.

PlanningUpdate

18 Aug 2026 at 15:02

Planning

14 Aug 2026 at 12:41

Summary of the contracting process

The British Business Bank Plc is planning to procure a contact and pipeline management solution for its Investments Business. The requirement is investment management software covering government-backed fund-of-funds investment products, General Partner and Limited Partner activity, and direct and co-investment programmes. It will support the British Growth Partnership, which attracts long-term institutional investment into high-growth UK companies, and the Bank’s wider work to improve finance access for smaller businesses. Around 115 front-office staff use the Investments Business, while approximately 40 users across wider functions need to view information in the solution. The service will support investment activity across the United Kingdom, particularly early-stage, high-growth and regionally distributed businesses. The procurement is categorised as goods, with CPV 48411000 for an investment management software package.

This process is at the planning stage: the buyer has stated an intention to procure and the record does not contain an invitation to tender. The buyer expects a single-lot contract running from 1 January 2027 to 31 December 2031. The estimated value is £700,000 excluding VAT, or £840,000 including VAT. The procurement is above the relevant threshold. Pre-market engagement was intended to test market appetite and help finalise requirements for a later competitive process. Up to eight engagement sessions were expected on 26 and 27 August 2026, with meeting requests due by 21 August 2026. The published planning information records that all engagement spaces had been filled. No procurement procedure, submission method or evaluation basis has been settled in this record.

This will suit suppliers of investment management, customer relationship management or pipeline management platforms with experience of supporting complex financial services operations. Relevant solutions should be able to manage contacts, investment pipelines and information access across fund-of-funds, General Partner and Limited Partner, direct investment and co-investment activity. Suppliers should be prepared to support around 40 information users and the workflows of a 115-person front-office investment business, with wider access for other functions. Experience serving public-sector or government-backed investment programmes would be useful, particularly where the platform supports investment into smaller, early-stage and high-growth businesses. Providers able to help the Bank refine requirements through market engagement and then deliver a scalable UK-wide solution should monitor the eventual competitive process.

How relevant is this notice?

Notice Title

Contact and Pipeline Management for Investments Business

Notice Description

The British Business Bank investment business deploys government-backed capital through fund of funds investment products, acting as both a General and Limited Partner and direct/co-investment programmes to improve access to finance for smaller UK businesses. The Investments Business includes 115 front office full time equivalents (FTE) and a wider set of functions require the ability to view the information held within its Contact and Pipeline management solution (circa 40 users). The Bank has also established the British Growth Partnership within the investments business, to crowd in long-term institutional capital such as UK Pension Funds into high-growth UK companies. Our role is to attract additional private-sector investment into underserved parts of the market, particularly early-stage, high-growth, and regionally distributed businesses, helping firms start, scale, and remain in the UK while addressing structural funding gaps in the SME finance ecosystem. For more information about this opportunity, please visit the eSourcing portal at: https://www.delta-esourcing.com/tenders/UK-UK-Sheffield:-Investment-management-software-package./488B3Z52XJ To respond to this opportunity, please click here: https://www.delta-esourcing.com/respond/488B3Z52XJ

Planning Information

The purpose of the pre-market engagement sessions is to ascertain market appetite for the required solution and help shape the finalisation of the requirements which will inform the subsequent competitive process. Suppliers interested in participating should submit a meeting request to PortfolioManagementOfficeBBB@british-business-bank.co.uk. Maximum of eight (8) engagement sessions will be scheduled on a first-come, first-served basis, subject to availability, and are expected to take place on 26 and 27 August. NOTE - ALL SPACES HAVE BEEN FILLED

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-06e49d
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/078603-2026
Current Stage
Planning
All Stages
Planning

Procurement Classification

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

Common Procurement Vocabulary (CPV)

CPV Divisions

48 - Software package and information systems


CPV Codes

48411000 - Investment management software package

Notice Value(s)

Tender Value
£700,000 £500K-£1M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
18 Aug 20261 weeks ago
Submission Deadline
Not specified
Future Notice Date
21 Aug 2026Expired
Award Date
Not specified
Contract Period
1 Jan 2027 - 31 Dec 2031 Over 5 years
Recurrence
Not specified

Notice Status

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

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
Postcode Area
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

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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