--- title: "BBB Structured Finance Legal Services Panel" ocid: "ocds-b5fd17-2568a2a8-d189-44cc-94c7-20e73653f593" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-2568a2a8-d189-44cc-94c7-20e73653f593" markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-2568a2a8-d189-44cc-94c7-20e73653f593.md" json_url: "https://d3tenders.com/contract/ocds-b5fd17-2568a2a8-d189-44cc-94c7-20e73653f593.json" source: "Contracts Finder" current_stage: "Tender" buyer: "BRITISH BUSINESS BANK" published: "2023-09-08" --- # BBB Structured Finance Legal Services Panel Buyer: BRITISH BUSINESS BANK Current stage: Tender OCID: ocds-b5fd17-2568a2a8-d189-44cc-94c7-20e73653f593 [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-2568a2a8-d189-44cc-94c7-20e73653f593) [Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-2568a2a8-d189-44cc-94c7-20e73653f593.json) ## Summary The British Business Bank has issued a Prior Information Notice to create a framework for the appointment of a BBB Structured Finance Legal Services Panel. This procurement exercise aims to support sustainable growth in the UK by providing legal advice services for various finance programmes. The procurement stage is at the tender phase, with a tender period ending on 13th October 2023. The contract period is scheduled from 1st April 2024 to 31st March 2028. The total contract value is £4,000,000, and the procurement falls under the services category. This tender opportunity from the British Business Bank is suitable for small and medium-sized enterprises (SMEs) with expertise in finance, debt capital markets, guarantees, trusts, bank lending, and structured finance. Businesses offering corporate and contract law advice, regulatory advice, consumer credit, and real estate finance services are encouraged to compete. The appointment of the BBB Structured Finance Legal Services Panel presents a chance for specialised legal service providers to engage in transactions supporting economic growth initiatives and the transition to a net zero economy in the UK. ## Notice Overview Prior Information Notice to inform the market of the intention to undertake a procurement exercise by which to create a framework (the "Framework") for the appointment of a BBB Structured Finance Legal Services Panel. Introduction The British Business Bank plc ("BBB") is an economic development bank which is 100% owned and funded by the UK Government. Established on 1 November 2014, the BBB's mission is to drive sustainable growth and prosperity across the UK, and to enable the transition to a net zero economy, by supporting access to finance for smaller businesses. BBB brings together expertise and funding to support economic growth by improving the UK's business finance markets. BBB invests or administers Government funding alongside or through private sector partners and uses targeted guarantees and funding options to encourage more private sector lending and investment. British Business Financial Services Ltd ("BBFSL") administers certain programmes on behalf of HM Government. British Business Investments Limited ("BBI") is part of the BBB's commercial arm. BBFSL and BBI are both wholly owned subsidiaries of BBB. In support of the delivery of its programmes, BBB are issuing this Prior Information Notice ("PIN") to inform the market of their intention to undertake a procurement exercise for the appointment of a BBB Structured Finance Legal Services Panel for provision of legal advice services in relation to structured finance transactions pursuant to programmes administered by BBB, BBFSL, BBI or their respective subsidiaries. Pursuant to the Framework, the Panel will provide advice to the Buyers relating to the following programmes (the "Programmes"): (a)ENABLE Guarantees with bank counterparties; (b)ENABLE Guarantees with non-bank financial institution counterparties; (c)ENABLE Funding warehouse facilities; (d)ENABLE Funding securitisation transactions; (e)the Recovery Loan Scheme (and its predecessor direct guarantee schemes); (f)regulatory capital transactions with UK challenger banks; (g)amendment, restatement or termination of existing transactions; and (h)other financial transactions under programmes that may be introduced in the future. Further details about the BBB and the Programmes is available at https://www.british-business-bank.co.uk/. Framework Overview BBB will use the Framework for the majority of their external legal needs that specifically relate to the Programmes but will continue to use other procurement routes in parallel for other areas of business. Nature of Services (i)BBB welcome Suppliers with the requisite skills to provide legal services relevant to the Programmes, including but not limited to: (i)advice relating to finance, debt capital markets, guarantees, trusts, bank lending, structured finance, derivatives and/or securitisation as required; (ii)corporate and contract law advice; (iii)financial and non-financial regulatory advice; (iv)consumer credit and real estate finance advice; (v)where applicable, ## Key Details | Field | Value | | --- | --- | | Publication source | Contracts Finder | | Latest notice | https://www.contractsfinder.service.gov.uk/Notice/eddefe99-7adf-490b-a2ad-cc185fe7e69b | | Notice type | Tender Notice | | Procurement type | Standard | | Procurement category | Services | | Procurement method | Not Specified | | Procurement method details | Not specified | | Tender suitability | SME | | Awardee scale | Not specified | | All stages | Tender | ## Dates | Field | Value | | --- | --- | | Publication date | 8 Sep 2023 | | Submission deadline | 12 Oct 2023 | | Future notice date | Not specified | | Award date | Not specified | | Contract period | 31 Mar 2024 - 31 Mar 2028 | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | £4,000,000 | | Lots value | Not specified | | Awards value | Not specified | | Contracts value | Not specified | ## Status | Field | Value | | --- | --- | | Tender status | Active | | Lots status | Not specified | | Awards status | Not specified | | Contracts status | Not specified | ## Buyer | Field | Value | | --- | --- | | Main buyer | BRITISH BUSINESS BANK | | Locality | SHEFFIELD | | Post town | Sheffield | | Postcode | S1 2GQ | | Country | England | | ITL 1 | TLE Yorkshire and The Humber | | ITL 2 | TLE3 South Yorkshire | | ITL 3 | TLE32 Sheffield | | Local authority | Sheffield | | Electoral ward | City | | Westminster constituency | Sheffield Central | | Delivery location | Not specified | ## CPV Codes ### Divisions - 79 - Business services: law, marketing, consulting, recruitment, printing and security ### Codes - 79100000 - Legal services ## Release History - 8 Sep 2023 at 10:20 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/eddefe99-7adf-490b-a2ad-cc185fe7e69b ## Documents - https://www.contractsfinder.service.gov.uk/Notice/eddefe99-7adf-490b-a2ad-cc185fe7e69b 8th September 2023 - Opportunity notice on Contracts Finder - https://www.delta-esourcing.com/delta/respondToList.html?noticeId=807924104 Please follow this link to view the notice. ## Notice URLs - https://www.british-business-bank.co.uk/ ## Provenance This Markdown file is an alternate public rendering of the D3 Tenders contract record. The canonical page is https://d3tenders.com/contract/?ocid=ocds-b5fd17-2568a2a8-d189-44cc-94c7-20e73653f593. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-2568a2a8-d189-44cc-94c7-20e73653f593.json.