Buy Garant Buy document Request demo Ask for the price Garant system
  • DOCUMENT

Article 4 Scales of Administrative Expenses and Arbitrator's Fees

Article 4
Scales of Administrative Expenses and Arbitrator's Fees

 

1. The Scales of Administrative Expenses and Arbitrator's Fees set forth below shall be effective as of 1 January 2012 in respect of all arbitrations commenced on or after such date, irrespective of the version of the Rules applying to such arbitrations.

2. To calculate the ICC administrative expenses and the arbitrator's fees, the amounts calculated for each successive tranche of the amount in dispute must be added together, except that where the amount in dispute is over US 500 million dollars, a flat amount of US 113,215 dollars shall constitute the entirety of the ICC administrative expenses.

3. All amounts fixed by the Court or pursuant to any of the appendices to the Rules are payable in US dollars except where prohibited by law, in which case the ICC may apply a different scale and fee arrangement in another currency.