---
title: "GB-Sheffield: M&G Third Party Administration Support"
ocid: "ocds-b5fd17-53c20686-804c-4d66-9758-8a09a64d169b"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-53c20686-804c-4d66-9758-8a09a64d169b"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-53c20686-804c-4d66-9758-8a09a64d169b.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-53c20686-804c-4d66-9758-8a09a64d169b.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "British Business Bank"
published: "2026-09-16"
---

# GB-Sheffield: M&G Third Party Administration Support

Buyer: British Business Bank  
Current stage: Award  
OCID: ocds-b5fd17-53c20686-804c-4d66-9758-8a09a64d169b

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## Summary

The British Business Bank, based in Sheffield, procured capital and investment administration services under the title “M&G Third Party Administration Support”. The requirement covers third-party administration support for capital and investment activities, within the broader category of administration services (CPV 75100000). Delivery spans the United Kingdom, the Channel Islands, the Isle of Man, Europe, British Overseas Territories and the rest of the world. The buying organisation is the British Business Bank. This is a financial administration requirement rather than a general administrative support contract, so relevant suppliers are those able to manage or support investment-related administration across multiple jurisdictions and locations. The stated procurement rationale also refers to the bank’s Standing Financial Instructions, although the published description contains a typographical error in that reference.

The procurement has been completed and awarded following a tender process managed by the British Business Bank. The contract was awarded to Alter Domus Agency Services (UK) Limited on 17 July 2026. Its value is £25,500, with the contract running from 18 July 2026 to 17 July 2027. The requirement was classified as a services procurement and the tender’s estimated value was also £25,500. The award is active. The procurement record identifies the requirement as unsuitable for small and medium-sized enterprises and voluntary, community or social enterprises. The award was made for the full capital and investment administration support requirement, rather than being divided between separately identified lots or multiple suppliers.

For suppliers that did not win, this award demonstrates a defined requirement for specialist third-party administration of capital and investment activities at the British Business Bank. A credible competitor for a future requirement would need relevant operational capability in investment administration, reliable processes for handling financial information and transactions, and the capacity to support activity across the United Kingdom, Channel Islands, Isle of Man, Europe, British Overseas Territories and other international locations. The selected supplier is an established specialist administration business, indicating that experience in agency or fund administration is relevant. The stated suitability assessment did not identify the work as suitable for SMEs or voluntary, community and social enterprises, so competing providers would need organisational scale and resources appropriate to a bank-wide, geographically dispersed service.

## Notice

Capital and Investment Administration Services Additional information: This was procured inline with the Banks Sanding Financial Instructions (SFIs)

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/082f8c39-f10d-4727-ac7e-3a87eaa5301c |
| 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 | 16 Sep 2026 |
| Submission deadline | Not specified |
| Future notice date | Not specified |
| Award date | 17 Jul 2026 |
| Contract period | 18 Jul 2026 - 17 Jul 2027 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £25,500 |
| Lots value | Not specified |
| Awards value | £25,500 |
| 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 |
| Locality | SHEFFIELD |
| Postcode area | 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 |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | Alter Domus Agency Services (UK) Limited |

## CPV Codes

### Divisions

- 75 - Administration, defence and social security services

### Codes

- 75100000 - Administration services

## Release History

- 16 Sep 2026 at 19:00 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/082f8c39-f10d-4727-ac7e-3a87eaa5301c

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/082f8c39-f10d-4727-ac7e-3a87eaa5301c
  16th September 2026 - Awarded contract notice on Contracts Finder
- https://www.delta-esourcing.com/delta/respondToList.html?noticeId=1067131966
  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-b5fd17-53c20686-804c-4d66-9758-8a09a64d169b. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-53c20686-804c-4d66-9758-8a09a64d169b.json.