# BFI Cultural Venue Partner

> Contract award record from UK public-sector procurement sources.

## Key facts

- Public buyer: British Film Institute
- Contract winner: Pace Development Corp PLC
- Award value: £87,000,000
- Tender value: £87,000,000
- Award date: 29 December 2016
- Published: 7 January 2017
- Contract start: 3 April 2017
- Contract end: 1 February 2022
- Stage: awarded
- Procurement category: works
- Notice ID: 1511d64e-7930-4e8e-97c3-0acf9a9fbad8-123922
- OCID: ocds-b5fd17-3578184c-b54a-4439-9d83-ca7d06977e67

## Description

Text to be corrected in the original notice:\\n Place of text to be modified: \\n Instead of: The contract is awarded subject to agreement of contract terms and conditions\\n Read: The contract is awarded subject to HMT approval and agreement of contract terms and conditions\\n Other additional information: Amendment to text in section 'II\.2\.14\) Additional information'\.\\n This currently reads \\"The contract is awarded subject to agreement of contract terms and conditions\.\\"\.\\n This should read \\"The contract is awarded subject to HMT approval and agreement of contract terms and conditions\\"\.\\n 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\.

## Related contract awards

- [BFI London Film Festival Press & PR](/contracts/ocds-b5fd17-e978f264-3e04-4d74-aebe-a92f3cbedd40): British Film Institute

## Source

[View the original notice on Contracts Finder](https://www.contractsfinder.service.gov.uk/Notice/1511d64e-7930-4e8e-97c3-0acf9a9fbad8-123922)