ICC ADR - Costs

Any Request for ADR must be accompanied by a non-refundable registration fee amounting to US$ 1,500, payable to the International Chamber of Commerce.

For proceedings to commence, ICC shall request the parties to pay a deposit in an amount likely to cover the administrative expenses of ICC and the fees and expenses of the Neutral, as set out in theAppendix to the ICC ADR Rules. The administrative expenses shall not exceed the maximum sum of US$ 10,000.

The total costs of the proceedings are settled by ICC upon termination. The parties are reimbursed for any excess payment they may have made or billed for any outstanding balance they maybe required to pay.

The fees of the Neutral are calculated on the basis of an hourly rate fixed by ICC in consultation with the Neutral and the parties. The amount of reasonable expenses of the Neutral is fixed by ICC (Article 4 and Appendix to the ICC ADR)