---
title: "BBB Structured Finance Legal Services Panel"
ocid: "ocds-h6vhtk-03fb2d"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-03fb2d"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-03fb2d.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-03fb2d.json"
source: "Find A Tender Service"
current_stage: "Award"
buyer: "BRITISH BUSINESS BANK"
published: "2024-05-10"
---

# BBB Structured Finance Legal Services Panel

Buyer: BRITISH BUSINESS BANK  
Current stage: Award  
OCID: ocds-h6vhtk-03fb2d

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-h6vhtk-03fb2d)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-h6vhtk-03fb2d.json)

## Summary

The British Business Bank has completed an open procurement exercise to establish a Framework Agreement for the appointment of a BBB Structured Finance Legal Services Panel. This panel will provide legal advice services for structured finance transactions. The procurement was carried out via the Delta e-tendering platform. The Framework Agreement will last for 4 years and is non-exclusive and non-committal. Key dates include the deadline for bid submission by 10th January 2024.

This tender by the British Business Bank offers opportunities for legal service providers with expertise in structured finance transactions. Businesses in the legal industry, particularly those experienced in corporate law, financial regulatory advice, and litigation support, would be well-suited to compete for this contract. The procurement method was an open procedure, and the Framework Agreement aims to enhance access to finance for smaller businesses and promote sustainable growth in the UK.

## Notice

British Business Bank ("BBB") undertook an open procurement exercise by which to create a Framework Agreement (the "Framework") for the appointment of a BBB Structured Finance Legal Services Panel for provision of legal advice services in relation to structured finance transactions.

### Lot Information

Lot 1

1.Overview British Business Bank ("BBB") are undertook an open procurement exercise by which to create a Framework Agreement (the "Framework") for the appointment of a BBB Structured Finance Legal Services Panel for provision of legal advice services in relation to structured finance transactions. 2.Introduction 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 framework procurement 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. 3.Nature of Services (a)The procurement exercise welcomed 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, foreign law advice or 'issue spotting' (noting that any contracts to be entered into by the Buyers will be governed by English law); (vi)tax law advice; (vii)general transaction management; and (viii)advice relating to disputes, litigation, investigations and other contentious matters. 4.Procurement Process This procurement was conducted via the Delta e-tendering platform. The Framework Agreement will be in place for a period of 4 years and will be non-exclusive and non-committal. As such, guaranteed volumes of work cannot be provided and the values outlined are anticipated only.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/014913-2024 |
| Notice type | Planning Notice |
| Procurement type | Framework |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Planning, Tender, Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 10 May 2024 |
| Submission deadline | 10 Jan 2024 |
| Future notice date | 15 Oct 2023 |
| Award date | 22 Mar 2024 |
| Contract period | 31 Mar 2024 - 31 Mar 2028 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £4,000,000 |
| Lots value | £4,000,000 |
| Awards value | Not specified |
| Contracts value | £4,000,000 |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Cancelled |
| Awards status | Active |
| Contracts status | Active |

## 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 |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 11 |
| Supplier names | ASHURST; BAKER & MCKENZIE; BURGES SALMON; CLIFFORD CHANCE; DENTONS UK AND MIDDLE EAST; DUANE MORRIS; HOGAN LOVELLS INTERNATIONAL; NORTON ROSE FULBRIGHT; SIMMONS & SIMMONS; SLAUGHTER AND MAY; TLT |

## CPV Codes

### Divisions

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

### Codes

- 79100000 - Legal services

## Release History

- 10 May 2024 at 09:05 - Award - Award Notice - https://www.find-tender.service.gov.uk/Notice/014913-2024
- 4 Dec 2023 at 12:05 - Tender - Tender Notice - https://www.find-tender.service.gov.uk/Notice/035624-2023
- 8 Sep 2023 at 11:06 - Planning - Planning Notice - https://www.find-tender.service.gov.uk/Notice/026607-2023

## Notice URLs

- http://www.british-business-bank.co.uk
- https://www.british-business-bank.co.uk/
- https://www.delta-esourcing.com/delta/viewNotice.html?noticeId=853612037
- https://www.delta-esourcing.com/tenders/UK-GB-Sheffield:-BBB-Structured-Finance-Legal-Services-Panel/34XH2S5K93
- https://www.delta-esourcing.com/tenders/UK-UK-Sheffield:-Legal-services./34XH2S5K93

## 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-h6vhtk-03fb2d. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-03fb2d.json.