Award

ACCA CBT Venue Hire Agremeent

BRITISH COUNCIL

This public procurement record has 1 release in its history.

Award

24 Apr 2026 at 16:03

UK7 - Contract Details Notice
Summary of the contracting process

The British Council, a public authority within the sub-central government framework, has concluded the procurement process for an "ACCA CBT Venue Hire Agreement" in Selangor and Penang, Malaysia. The contracting process, tagged as an award and contract, commenced on 24th April 2026. Initially initiated as a tender, the procurement method was categorised as below threshold with unknown specifics, concluding in the award stage. Iverson Associates Sdn Bhd has been appointed as the supplier for the services, specifically concerning building rental or sale services. The contract was signed on 20th March 2026, set to start on 1st August 2026 and extend until 31st July 2028, with an option for renewal contingent upon partnership engagement and performance evaluation. The contractual agreement is valued at £259,556 excluding VAT, up to £280,320 gross.

This contract presents significant business growth opportunities, particularly for services related to venue hiring and real estate rental in Malaysia. Companies specialising in building rental or sale services are well-suited to compete in such tenders. The engagement with an organisation like the British Council can enhance a business's credibility and expand its network within the public sector. Large enterprises operating within the building services industry will find this scope particularly advantageous, as it offers an opportunity to solidify their presence in the region while potentially extending their engagement based on performance.

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Notice Information

Notice Title

ACCA CBT Venue Hire Agremeent

Notice Description

ACCA CBT Venue Hire Agreement in Selangor & Penang

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-068b1a
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/037777-2026
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
UK7 - Contract Details Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Below threshold - unknown
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

70 - Real estate services

CPV Codes

70310000 - Building rental or sale services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£259,556 £100K-£500K

Notice Dates

Publication Date
24 Apr 20262 weeks ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
20 Mar 20261 months ago
Contract Period
1 Aug 2026 - 31 Jul 2028 2-3 years
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Complete
Awards Status
Active
Contracts Status
Active

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
BRITISH COUNCIL
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
E20 1JQ
Post Town
East London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI41 Hackney and Newham
Delivery Location
Not specified
Local Authority
Newham
Electoral Ward
Stratford Olympic Park
Westminster Constituency
Stratford and Bow

Supplier Information

Number of Suppliers
1
Supplier Name

IVERSON ASSOCIATES

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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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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