# Global Investor Class Action Claims

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

## Key facts

- Public buyer: [Pension Protection Fund](/buyers/pension-protection-fund/contract-awards)
- Contract winner: INSTITUTIONAL PROTECTION SERVICES LIMITED
- Award value: £800,000
- Award date: 16 June 2020
- Published: 7 July 2020
- Contract start: 16 June 2020
- Contract end: 15 June 2021
- Stage: awarded
- Procurement category: services
- Notice ID: 29e02c5f-d4f4-4e48-ab27-3f9d2e3988bc-368810
- OCID: ocds-b5fd17-0faaf86c-934d-413d-aaad-ec22016fe7b4

## Description

The Board is seeking to appoint a service provider who can monitor and manage Class Actions on behalf of the PPF to deliver maximum return from each class action followed Additional information: The contract value over the maximum possible contract term \(4 years\) is hard to predict; we do not know how many class actions the PPF will be able to take part in and the extent to which we will be successful and make recoveries\. The contract has therefore been calculated as a range on the basis of worst case scenario - the PPF makes no recoveries best case scenario - we receive an income that the service provider makes a contingent fee from which we estimate to be a maximum of £800,000\.

## Related contract awards

- [International Payment Services 2026](/contracts/ocds-b5fd17-9db6af29-5cb8-403c-bbdf-e95bd15c8c31): Pension Protection Fund
- [Information and Cyber Security Services](/contracts/ocds-b5fd17-9d99a6a8-a21a-4487-9385-b6398abc3c5a): Pension Protection Fund
- [Workforce Solutions](/contracts/ocds-b5fd17-96fd511c-ed4e-47a7-8c41-7213ff0f1ac6): Pension Protection Fund
- [Securities Litigation Service Provider](/contracts/ocds-b5fd17-a8d59abf-d8ee-41d6-b491-9179ab7f30fb): Border to Coast Pensions Partnership Limited

## Source

[View the original notice on Contracts Finder](https://www.contractsfinder.service.gov.uk/Notice/29e02c5f-d4f4-4e48-ab27-3f9d2e3988bc-368810)