---
title: "GB-Sheffield: Finance Innovation Lab - horizon scanning"
ocid: "ocds-b5fd17-4db64d04-f983-440e-b70c-15dda47c8d9d"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-4db64d04-f983-440e-b70c-15dda47c8d9d"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-4db64d04-f983-440e-b70c-15dda47c8d9d.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-4db64d04-f983-440e-b70c-15dda47c8d9d.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "BRITISH BUSINESS BANK PLC"
published: "2025-04-01"
---

# GB-Sheffield: Finance Innovation Lab - horizon scanning

Buyer: BRITISH BUSINESS BANK PLC  
Current stage: Award  
OCID: ocds-b5fd17-4db64d04-f983-440e-b70c-15dda47c8d9d

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## Summary

The British Business Bank PLC has awarded a contract titled "GB-Sheffield: Finance Innovation Lab - horizon scanning" to Finance Innovation Lab, focusing on business and management consultancy services. The contract involves conducting a horizon-scanning baseline exercise of sustainability-related factors relevant to the Bank's strategic objectives and financial performance. The contract period commenced on 14 February 2025 and concluded on 31 March 2025, with the procurement status marked as complete. The procurement stage is the award, and the process falls under the services category. The primary location for the delivery of services is Yorkshire and the Humber, United Kingdom, with a total contract value of £25,000.

This tender presents significant opportunities for growth for businesses specialising in financial consultancy, sustainability, and strategic analysis. Companies capable of providing bespoke reports and insights into the UK financial sector policy, particularly those catering to smaller businesses, start-ups, and venture-backed growth companies, would be well-positioned to compete. While the British Business Bank is seeking expertise in evaluating the extent and likelihood of impacts on financial institutions, businesses that excel in such analysis could leverage the insights gained to enhance their service offerings and capture more market share.

## Notice

We need to carry out a horizon-scanning baselining exercise of sustainability-related factors that may be relevant to the Bank's achievement of its strategic objectives and to its financial performance. The Financial Innovation Lab produces a report on UK financial sector policy that is updated monthly. In producing the report, the Lab monitors a wide range of sources of information and analysis. We would be commissioning a bespoke one-off report, based on the FSP Forward Look, that: * Allows BBB to make use of the contents for commercial purposes * Identifies issues that: * may impact directly on BBB * are most relevant to BBB's customers, namely UK smaller businesses, start-ups and venturebacked growth companies * may impact on the ability of non-deposit-taking small and medium sized financial institutions (SME FIs) to provide finance to the Bank's customers * Evaluates the identified issues in terms of the potential extent and likelihood of impacts Additional information: This has been procured in line with the banks financial instruction

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/93724ae8-f90f-4e45-9f43-506344a42e39 |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Not Specified |
| Procurement method details | Not specified |
| Tender suitability | Not specified |
| Awardee scale | SME |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 1 Apr 2025 |
| Submission deadline | 12 Feb 2025 |
| Future notice date | Not specified |
| Award date | 12 Feb 2025 |
| Contract period | 14 Feb 2025 - 31 Mar 2025 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £25,000 |
| Lots value | Not specified |
| Awards value | £25,000 |
| Contracts value | Not specified |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Not specified |
| Awards status | Active |
| Contracts status | Not specified |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | BRITISH BUSINESS BANK PLC |
| 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 | TLE Yorkshire and The Humber |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | FINANCE INNOVATION LAB |

## CPV Codes

### Divisions

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

### Codes

- 79400000 - Business and management consultancy and related services

## Release History

- 1 Apr 2025 at 14:00 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/93724ae8-f90f-4e45-9f43-506344a42e39

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/93724ae8-f90f-4e45-9f43-506344a42e39
  1st April 2025 - Awarded contract notice on Contracts Finder
- https://www.delta-esourcing.com/delta/respondToList.html?noticeId=937289385
  Please follow this link to view the notice.

## 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-b5fd17-4db64d04-f983-440e-b70c-15dda47c8d9d. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-4db64d04-f983-440e-b70c-15dda47c8d9d.json.