RFP QuestBeta
ClosedStage · contract

THE NATIONAL MUSEUM OF THE ROYAL NAVY

Appointment of Investment Manager(s) for the HMS Caroline Preservation Company

Financial ServicesCPV 66100000
Value£83k
Deadline22 Feb 2023
Published26 Jul 2024
RegionNationwide
Timeline
Published 26 Jul 2024ClosedCloses 22 Feb 2023
Contract value in context
£83ktotal contract value
median £150k
this tender£0£4.7m

This sits in the lower-middle of the Financial & Insurance Services band — a mid-scale opportunity. Based on 8,013 valued Financial & Insurance Services tenders in our corpus.

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The brief

This tender is for the management of investments held by The HMS Caroline Preservation Company, a charitable company limited by guarantee with company number 08303946 and registered charity number 1149930 (the "Company").

The Company is controlled by the National Museum of the Royal Navy ("NMRN").

The purpose of the Company is to manage and maintain for display HMS Caroline, a light cruiser built in 1914 by Cammell Laird in Birkenhead and now moored in Belfast Harbour.

HMS Caroline is of historical significance as the only surviving major warship which fought in the Battle of Jutland in 1916.

The Company wishes to tender the role of Investment Manager for their investment assets with a view to having the new manager in place by the earliest in late February 2023.

The Investment Committee's preferred approach is to have a single investment manager for the entire mandate, albeit the Investment Committee retain the right to appoint more than one manager should they agree that this structure be optimal for the Company.

Full details of the Investment Mandate can be found in Annex A-B-C tender documentation on Pages 3-5.

The National Museum of the Royal Navy (NMRN) as NMRN Operations are acting as procurement support for this tender.

Clarification Questions for Responses must be sent in by Friday 10th February 2023 at Midday.

Annex D-E-F is for potential investment managers to complete in full and return to tenders@nmrn.org.uk by the submission deadline.

The deadline for submissions is 22nd February 2023 at Midday (1200).

Key requirements

What the supplier must deliver

01

The purpose of the Company is

The purpose of the Company is to manage and maintain for display HMS Caroline, a light cruiser built in 1914 by Cammell Laird in Birkenhead and now moored in Belfast Harbour.

02

The Investment Committee's preferred approach is

The Investment Committee's preferred approach is to have a single investment manager for the entire mandate, albeit the Investment Committee retain the right to appoint more than one manager should they agree that this structure be optimal for the Company.

03

The National Museum of the Royal Navy

The National Museum of the Royal Navy (NMRN) as NMRN Operations are acting as procurement support for this tender.

04

Clarification Questions for Responses must be sent

Clarification Questions for Responses must be sent in by Friday 10th February 2023 at Midday.

Derived from the notice text — always confirm against the original documents.

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Source & provenance
OCID
c8b2da73-14b9-4c11-8108-c4e4e21a10a2
Stage
contract · Contract
Source
Contracts Finder
Buyer ref
HMSC_INVMANAGERS_170123
View the original notice on Contracts Finder

Contains public sector information licensed under the Open Government Licence v3.0. Source data © Crown copyright.

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