Costs for ICC Dispute Boards
DB Members’ Fees and Expenses
All fees and expenses of the DB Members are shared equally by the parties. The DB members' fees are fixed by agreement of the parties and the DB members in the DB Member Agreement. Unless otherwise agreed by the parties, the DB members are treated equally and receive the same Monthly Retainer Fee and the same Daily Fee for their work as DB members (Article 26).
Monthly Retainer Fee (Article 27)
This fee covers the following:
- being available to attend all DB meetings with the parties and site visits;
- being available to attend internal DB meetings;
- becoming and remaining conversant with the contract and the progress of its performance;
- the study of progress reports and correspondence submitted by the parties in the course of the DB’s functions; and
- office overhead expenses in the DB member’s place of residence.
Unless otherwise agreed by the parties, the Monthly Retainer Fee shall be equal to three times the Daily Fee and shall be payable from the date of signature of the DB Member Agreement until its termination.
Daily Fee (Article 28)
This fee covers the time spent for the following activities:
- meetings and site visits;
- hearings;
- travel time;
- internal meetings of the DB;
- study of documents submitted by parties during procedures before the DB;
- preparation of a DB Determination; and
- activities in coordinating and organizing the operation of the DB.
Travel Costs and other Expenses (Article 29)
Taxes and Charges (Article 30)
Administrative Expenses of ICC
ICC charges administrative expenses for each of the following services:
Appointment of a DB member
Each request for the appointment of a DB member must be accompanied by a payment of US$ 2 500. This payment is non-refundable and represents the total cost for the appointment of one DB member by the ICC DB Centre. The cost of each appointment by the Centre is shared equally by the parties.
Decision upon a challenge of a DB member
Each request for a decision upon a challenge of a DB member must be accompanied by a registration fee of US$ 2 500. This is non-refundable and will be credited to ICC’s administrative expenses for a decision upon a challenge, which are fixed by the Centre in an amount not exceeding the maximum sum of US$ 10 000. The cost of each decision upon a challenge is borne by the party making the challenge.
Review of a DAB or CDB Decision as to form
Each DAB or CDB Decision submitted to ICC for review pursuant to Article 21 must be accompanied by a registration fee of US$ 2 500. This is non-refundable and will be credited to ICC’s administrative expenses for the review of the Decision, which are fixed by the Centre in an amount not exceeding the maximum sum of US$ 10 000. The cost of reviewing a Decision is shared equally by the parties.
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