---
title: "Global Investor Class Action Claims"
ocid: "ocds-b5fd17-0faaf86c-934d-413d-aaad-ec22016fe7b4"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-0faaf86c-934d-413d-aaad-ec22016fe7b4"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-0faaf86c-934d-413d-aaad-ec22016fe7b4.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-0faaf86c-934d-413d-aaad-ec22016fe7b4.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "PENSION PROTECTION FUND"
published: "2020-07-07"
---

# Global Investor Class Action Claims

Buyer: PENSION PROTECTION FUND  
Current stage: Award  
OCID: ocds-b5fd17-0faaf86c-934d-413d-aaad-ec22016fe7b4

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-0faaf86c-934d-413d-aaad-ec22016fe7b4)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-0faaf86c-934d-413d-aaad-ec22016fe7b4.json)

## Summary

The Pension Protection Fund is conducting a procurement process titled "Global Investor Class Action Claims," which falls under the financial and insurance services category. This selective tender process, initiated to monitor and manage class actions, has a contract period spanning from 16 June 2020 to 15 June 2021. The deadline for submitting bids was 7 May 2020. The total estimated contract value is £800,000, depending on the outcomes of class actions that the Fund may pursue, with the primary location for delivery being Croydon, England.

This tender offers a significant opportunity for businesses in the financial services sector, particularly those specialising in legal and class action management services. Companies with expertise in managing investments and navigating complex claims processes would be well positioned to compete. Given the potential variability in contract value, agile service providers that can adapt to diverse and unpredictable class action scenarios will likely find themselves more competitive in this procurement opportunity.

## Notice

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 PS800,000.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/29e02c5f-d4f4-4e48-ab27-3f9d2e3988bc |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Selective |
| Procurement method details | Restricted procedure (above threshold) |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 7 Jul 2020 |
| Submission deadline | 7 May 2020 |
| Future notice date | Not specified |
| Award date | 15 Jun 2020 |
| Contract period | 15 Jun 2020 - 15 Jun 2021 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | Not specified |
| Lots value | Not specified |
| Awards value | £800,000 |
| Contracts value | Not specified |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Not specified |
| Awards status | Active |
| Contracts status | Not specified |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | PENSION PROTECTION FUND |
| Locality | CROYDON |
| Post town | Central London |
| Postcode | EC2V 7AN |
| Country | England |
| ITL 1 | TLI London |
| ITL 2 | TLI3 Inner London - West |
| ITL 3 | TLI35 Westminster and City of London |
| Local authority | City of London |
| Electoral ward | Bassishaw |
| Westminster constituency | Cities of London and Westminster |
| Delivery location | Not specified |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | INSTITUTIONAL PROTECTION SERVICES |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66000000 - Financial and insurance services

## Release History

- 7 Jul 2020 at 08:57 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/29e02c5f-d4f4-4e48-ab27-3f9d2e3988bc

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/29e02c5f-d4f4-4e48-ab27-3f9d2e3988bc
  7th July 2020 - Awarded contract notice on Contracts Finder

## 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-b5fd17-0faaf86c-934d-413d-aaad-ec22016fe7b4. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-0faaf86c-934d-413d-aaad-ec22016fe7b4.json.