---
title: "GB-Sheffield: Project Riptide"
ocid: "ocds-b5fd17-f322dbeb-dbf6-4f21-a877-88e8b1c867fd"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-f322dbeb-dbf6-4f21-a877-88e8b1c867fd"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-f322dbeb-dbf6-4f21-a877-88e8b1c867fd.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-f322dbeb-dbf6-4f21-a877-88e8b1c867fd.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "British Patient Capital Limited"
published: "2026-08-11"
---

# GB-Sheffield: Project Riptide

Buyer: British Patient Capital Limited  
Current stage: Award  
OCID: ocds-b5fd17-f322dbeb-dbf6-4f21-a877-88e8b1c867fd

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-f322dbeb-dbf6-4f21-a877-88e8b1c867fd)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-f322dbeb-dbf6-4f21-a877-88e8b1c867fd.json)

## Summary

British Patient Capital Ltd procured legal services for Project Riptide, concerning a merger and a PIPE transaction involving BPC. The work falls within finance, high-risk and innovation legal support and was obtained through the Government Commercial Agency’s RM6360 Legal Panel, Lot 3. Services were to be delivered for activity connected with British Patient Capital in Sheffield and the wider Yorkshire and the Humber area. The requirement is specialist corporate and transactional legal work rather than general legal advice, with relevance for firms experienced in mergers, private investment in public equity transactions, financial structuring and matters involving innovation or higher commercial risk.

The procurement has been completed and was awarded on 24 June 2026 to Ashurst Perkins Coie UK LLP. The award value is £45,000, and the contract period runs from 25 June 2026 to 29 June 2026. The requirement was procured through the Government Commercial Agency RM6360 Legal Panel, Lot 3 for finance and high-risk or innovation work. The tender submission deadline was 24 June 2026. British Patient Capital Ltd was the buyer, and the selected supplier is recorded as a large organisation. The contract covers one legal-services requirement, with the procurement classified as services and the award recorded as active.

This award demonstrates demand from British Patient Capital for specialist legal advice on mergers and PIPE transactions, delivered through an established government legal panel. Suppliers seeking comparable work from this buyer would need strong corporate finance and transactional capability, including experience advising on mergers, investment structures and complex funding activity. Credibility would also depend on handling high-risk or innovation-related matters and understanding the needs of a patient-capital investor. Firms would need the standing and relevant panel access to compete through the same route, together with sufficient senior legal resource to manage a concentrated transaction requiring commercial judgement, coordination and technically robust advice.

## Notice

Legal Services Project Riptide relating to Merger and PIPE BPC utilised the Government Commercial Agency (GCA) RM6360 Legal Panel for Government Lot 3 Finance and High Risk / Innovation

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/f7896970-4ca5-4e4e-812d-986ee1846337 |
| 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 | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 11 Aug 2026 |
| Submission deadline | 24 Jun 2026 |
| Future notice date | Not specified |
| Award date | 24 Jun 2026 |
| Contract period | 25 Jun 2026 - 29 Jun 2026 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £45,000 |
| Lots value | Not specified |
| Awards value | £45,000 |
| 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 Patient Capital Limited |
| 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 | TLE Yorkshire and The Humber |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | Ashurst LLP |

## CPV Codes

### Divisions

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

### Codes

- 79100000 - Legal services

## Release History

- 11 Aug 2026 at 13:20 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/f7896970-4ca5-4e4e-812d-986ee1846337

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/f7896970-4ca5-4e4e-812d-986ee1846337
  11th August 2026 - Awarded contract notice on Contracts Finder
- https://www.delta-esourcing.com/delta/respondToList.html?noticeId=1057659459
  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-f322dbeb-dbf6-4f21-a877-88e8b1c867fd. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-f322dbeb-dbf6-4f21-a877-88e8b1c867fd.json.