---
title: "NCC1819 Business Northumberland Investment Fund (BNIF) - Fund Manager"
ocid: "ocds-h6vhtk-0692db"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-0692db"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-0692db.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-0692db.json"
source: "Find A Tender Service"
current_stage: "Planning"
buyer: "NORTHUMBERLAND COUNTY COUNCIL"
published: "2026-06-30"
---

# NCC1819 Business Northumberland Investment Fund (BNIF) - Fund Manager

Buyer: NORTHUMBERLAND COUNTY COUNCIL  
Current stage: Planning  
OCID: ocds-h6vhtk-0692db

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## Summary

Northumberland County Council is in the planning stage of a procurement process to appoint a Fund Manager for the Business Northumberland Investment Fund (BNIF). This initiative aims to support economic growth and job creation in Northumberland, with the fund expected to launch in 2027/28. The procurement falls under the banking and investment services category and is located within the UKC2 region. A competitive flexible procedure will be employed. The council plans to publish a notice by 10th August 2026, outlining further procurement details, with the contract expected to commence on 1st April 2027 and continue through to March 2032, with potential extensions until 2037.

This tender represents a significant opportunity for businesses in the banking and investment sectors, particularly those with experience in managing public investment funds. The project promises involvement in transformative economic development projects, offering long-term growth potential for participating firms. Suppliers with expertise in small to medium-sized enterprise investments, especially in rural or publicly supported contexts, may find this particularly advantageous. Engaging in the preliminary market engagement phase is encouraged, as it provides insight into design and procurement strategies, ensuring a fair and accessible process. Businesses interested in expanding their portfolio in public investments or economic development are well-suited to explore this opportunity.

## Notice

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.

### Planning Information

Northumberland County Council (NCC) is looking to conduct a procurement exercise to appoint a fund manager to manage the Business Northumberland Investment Fund (BNIF).
To inform the development and future delivery of this fund, we are undertaking this Preliminary Market Engagement (PME) exercise which will be in the form of a survey.
We wish to gain information from the market regarding a number of areas relating to the potential procurement exercise. Specifically, this engagement is being carried out to better understand:
• market capacity and capability.
• commercial norms and delivery models.
• risks, opportunities and barriers to entry; and
• how a future procurement (if progressed) can be designed to be fair, proportionate and accessible.
Suppliers are invited to respond to as many questions as they feel able to. Concise, qualitative responses are welcomed, particularly where they reflect experience of delivering SME investment in rural, place‑based or publicly backed contexts.
All responses should be provided by completing the survey which can be downloaded via OPEN Portal system https://www.open-uk.org/. Your responses will also be via the OPEN portal.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/061183-2026 |
| Notice type | UK1 - Pipeline Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Not Specified |
| Procurement method details | Competitive flexible procedure |
| Tender suitability | Not specified |
| Awardee scale | Not specified |
| All stages | Planning |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 30 Jun 2026 |
| Submission deadline | Not specified |
| Future notice date | 10 Aug 2026 |
| Award date | Not specified |
| Contract period | 31 Mar 2027 - 31 Mar 2032 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | Not specified |
| Lots value | Not specified |
| Awards value | Not specified |
| Contracts value | Not specified |

## Status

| Field | Value |
| --- | --- |
| Tender status | Planned |
| Lots status | Planned |
| Awards status | Not specified |
| Contracts status | Not specified |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | NORTHUMBERLAND COUNTY COUNCIL |
| Locality | MORPETH |
| Post town | Newcastle upon Tyne |
| Postcode | NE61 2EF |
| Country | England |
| ITL 1 | TLC North East (England) |
| ITL 2 | TLC4 Northumberland, Durham and Tyne & Wear |
| ITL 3 | TLC42 Northumberland |
| Local authority | Northumberland |
| Electoral ward | Morpeth Kirkhill |
| Westminster constituency | North Northumberland |
| Delivery location | TLC2 Northumberland, and Tyne and Wear |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66100000 - Banking and investment services

## Release History

- 30 Jun 2026 at 11:10 - Planning - UK1 - Pipeline Notice - https://www.find-tender.service.gov.uk/Notice/061183-2026
- 7 May 2026 at 07:56 - Planning - UK2 - Preliminary Market Engagement Notice - https://www.find-tender.service.gov.uk/Notice/041702-2026

## Documents

- https://www.find-tender.service.gov.uk/Notice/061183-2026
  30th June 2026 - Pipeline notice on Find a Tender
- https://www.find-tender.service.gov.uk/Notice/041702-2026
  7th May 2026 - Preliminary market engagement notice on Find a Tender

## Notice URLs

- http://www.northumberland.gov.uk
- https://www.legislation.gov.uk/ukpga/2023/54/contents
- https://www.open-uk.org/

## Provenance

This Markdown file is an alternate public rendering of the D3 Tenders contract record. The canonical page is https://d3tenders.com/contract/?ocid=ocds-h6vhtk-0692db. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-0692db.json.