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Contracts Finder (UK Cabinet Office) verified 1 month ago Contract award

GB-Sheffield: Project Beta

Awarded United Kingdom Business services

Buyer British Business Financial Services Limited

€41,987 awarded value

Key facts

Awarded
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Written by AI from the data of this notice. It may be wrong: the official notice is what binds. Beta: we are still testing it, so answers and limits may change. What is sent

Awarded to

Simmons & Simmons Llp

Awarded value
€41,987
Record with this buyer
2 contracts from this buyer in the register, €94,472 in total

Summary

Machine-generated summary

British Business Financial Services Limited awarded a contract for legal services relating to the proposed investment by BTIL under the NSSIF programme, procured in line with the bank's standard financial instruction. The winner was Simmons & Simmons Llp. The awarded value was EUR 41,987.40, which is the same as the estimated value within 1%. The award date was 2026-07-15, the same day as the deadline for bids.

Timing

  1. Deadline Awarded
  2. Published

Description

Legal services in relation to the proposed investment by BTIL under the NSSIF programme this has been procured inline with the banks standard financial instruction Additional information: British Business Bank Plc, registered in England and Wales, registration number 08616013, registered office Steel City House, West Street, Sheffield, S1 2GQ, a development bank wholly owned by the HM Government. It and its subsidiaries are not banking institutions and do not operate as such. With the exception of BBB Investment Services Limited they are not authorised or regulated by the Prudential Regulation Authority or the Financial Conduct Authority. BBB Investment Services Limited is authorised and regulated by the Financial Conduct Authority. A complete legal structure chart for the group can be found at www.british-business-bank.co.uk.

After the award

If you bid and did not win: the standstill period, the usual time to challenge the award, and a letter asking the buyer for its reasons.

This is not legal advice. The periods run from the date the decision was sent to you, which may differ from the date shown here. Check your award letter and national law, or ask a lawyer, before you rely on any date.

Show the periods and the letter

We hold no figures for United Kingdom, and the EU minimum does not apply there. The letter below can still be used.

Ask the buyer for its reasons

A debrief request in the buyer's language (English). Fill in the parts in square brackets and send it to the contact named in your award letter.

To: British Business Financial Services Limited

Subject: Request for the reasons for the award decision. GB-Sheffield: Project Beta ([Reference number])

Dear Sir or Madam,

We submitted a tender in the procedure named above and have been informed that the contract was awarded to another tenderer.

So that we can understand the decision, we kindly ask you to send us:

1. the reasons why our tender was not selected;
2. the name of the successful tenderer, and the characteristics and relative advantages of its tender;
3. the scores that our tender and the successful tender received on each award criterion, with the reasons for each score;
4. the date on which the standstill period ends, if one applies.

Please confirm that you have received this request.

Yours faithfully,

[Name and position]
[Company]
[Address]
[Email and telephone]
[Place and date]

This is not legal advice. The periods run from the date the decision was sent to you, which may differ from the date shown here. Check your award letter and national law, or ask a lawyer, before you rely on any date.

Official source

Source: Contracts Finder (UK Cabinet Office)

Always verify details on the official notice.

Last verified against Contracts Finder (UK Cabinet Office) 1 month ago

Documents on Contracts Finder (UK Cabinet Office) (English)

Market

Business services in United Kingdom

median award in this market
€67,694
More figures

What this market pays

The buyer has too few awards of its own in this sector, so this is the range of the last 2,000 awards for Business services in United Kingdom.

This award
€41,987
Median award
€67,694
Middle half of past awards
€9,072 to €199,463

The award sits inside the usual range.

Award values as published by the official sources. Use them as a guide, not a rule: scope, lots and duration differ between contracts.

Market context

open now in Business services
4,536
median open notice
€160,000

Who wins in this market

Many suppliers

United Kingdom · Business services

different companies won awards here
1,121
of the awards went to the three most frequent winners
7%
buyers awarded contracts here
557

Based on 2,636 awards with a named winner over the last 3 years. Counted by award, not by value, because lot and framework amounts are not comparable. Concentrated means the three most frequent winners took 65% or more of the awards; many suppliers, under 35% with at least ten different winners.

The buyer in figures

British Business Financial Services Limited

Who wins its contracts

Concentrated
different companies won its awards
6
of the awards went to the three most frequent winners
73%
of its calls state an estimated value
100%

Based on 11 awards with a named winner over the last 3 years. Counted by award, not by value, because lot and framework amounts are not comparable. Concentrated means the three most frequent winners took 65% or more of the awards; many suppliers, under 35% with at least ten different winners.

British Business Financial Services Limited

United Kingdom

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