Award

BFI Cultural Venue Partner

BRITISH FILM INSTITUTE

This public procurement record has 1 release in its history.

Award

07 Jan 2017 at 11:57

Award Notice
Summary of the contracting process

The British Film Institute (BFI) has successfully completed the procurement process for the "BFI Cultural Venue Partner" contract, valued at £87 million. This project falls under the category of building construction work and is located in London, United Kingdom. The contract period is set to commence on 3 April 2017 and conclude on 1 February 2022. The procurement method employed was a selective (restricted) procedure, and the tender was awarded on 29 December 2016, following a deadline for submissions on 29 December 2016.

This tender presents substantial opportunities for growth, particularly for large construction firms with experience in cultural venue projects. Companies that specialise in design and build services, as well as those offering fit-out solutions, would be well-positioned to compete for future projects arising from this initiative. The involvement of Pace Development Corp PLC as the awarded supplier indicates a demand for innovative and capable contractors in the construction sector related to cultural developments.

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Notice Information

Notice Title

BFI Cultural Venue Partner

Notice Description

Text to be corrected in the original notice: Place of text to be modified: Instead of: The contract is awarded subject to agreement of contract terms and conditions Read: The contract is awarded subject to HMT approval and agreement of contract terms and conditions Other additional information: Amendment to text in section 'II.2.14) Additional information'. This currently reads "The contract is awarded subject to agreement of contract terms and conditions.". This should read "The contract is awarded subject to HMT approval and agreement of contract terms and conditions". The BFI has received an unsolicited approach from a potential funder with an offer to fund and provide full services for the design, build and partial fit-out of a new cultural venue in return for naming rights of the building, exclusivity of food and beverage in venue and partial repayment of the funding over a period of time if required. This includes provision of the full design team and main contractor.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-3578184c-b54a-4439-9d83-ca7d06977e67
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/1511d64e-7930-4e8e-97c3-0acf9a9fbad8
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Works
Procurement Method
Selective
Procurement Method Details
Restricted procedure
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

45 - Construction work

CPV Codes

45210000 - Building construction work

Notice Value(s)

Tender Value
£87,000,000 £10M-£100M
Lots Value
Not specified
Awards Value
£87,000,000 £10M-£100M
Contracts Value
Not specified

Notice Dates

Publication Date
7 Jan 20179 years ago
Submission Deadline
29 Dec 2016Expired
Future Notice Date
Not specified
Award Date
29 Dec 20169 years ago
Contract Period
2 Apr 2017 - 1 Feb 2022 4-5 years
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
Contracts Status
Not Specified

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
BRITISH FILM INSTITUTE
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LONDON
Postcode
W1T 1LN
Post Town
West London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI36 Camden
Delivery Location
TLI London
Local Authority
Camden
Electoral Ward
Bloomsbury
Westminster Constituency
Holborn and St Pancras

Supplier Information

Number of Suppliers
1
Supplier Name

PACE DEVELOPMENT

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts. 

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