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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.
| Supplier | Identifier | Award Value | Cross-References |
|---|---|---|---|
| INSTITUTIONAL PROTECTION SERVICES LIMITED | 05247486 | £800,000 | - |