NCC1819 Business Northumberland Investment Fund (BNIF) - Fund Manager
key details
| Status | planned |
|---|---|
| Category (CPV) | 66100000 |
| Region | North East |
| OCID | ocds-h6vhtk-0692db |
description
Northumberland County Council wishes to appoint a Fund Manager to manage the Business Northumberland Investment Fund (BNIF).
The BNIF is a significant new investment fund that Northumberland County Council is aiming to launch in 2027/28 with a primary purpose to support economic growth and job creation in Northumberland over the next 10 years. The BNIF, along with other sources of external funding, will provide a significant lever to the Council to deliver on its vision, enabling the delivery of visible projects, whilst also advancing long-term, transformational investment programmes for employment sites. The procurement will be to attract a fund manager for the proposed fund.
notice history
2 notices published against this procurement.
| Published | Type | Regime | Notice |
|---|---|---|---|
| 7 May 2026 | Preliminary market engagement (UK2) | Procurement Act 2023 | 041702-2026 |
| 30 Jun 2026 | Pipeline notice (UK1) | Procurement Act 2023 | 061183-2026 |
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source
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