Thank you for pointing out the clear under-quoting in my original post. It seems that neither search took into account a whole range of costs in addition to
periodic costs. My bad.
Here is a list of the main fees and charges applicable to an ICSID arbitration:
- Registration fee: US$25,000 (non-refundable) payable upon filing a request for arbitration
- Administrative charge: US$52,000 per year, typically divided equally between parties
- Tribunal costs: On average US$882,668.19, with a median of US$875,907.97
- Arbitrator fees: US$500 per hour for work performed in connection with the proceeding
- Secretary attendance fee: US$200 per hour when the Tribunal Secretary attends meetings
- Remote hearing hosting: US$2,500 per day
- In-person hearing facilities: US$4,000 per day for use of a hearing room and breakout/deliberation rooms at ICSID's Washington, D.C. center
- Travel expenses: Reimbursement for travel and subsistence expenses of the Secretary for meetings held away from ICSID's seat
- Arbitrator travel fees: Hourly fee for travel time to attend hearings, sessions, and meetings, plus per diem allowances and travel expense reimbursements
- Party costs: On average, US$5,619,261.74 for claimants and US$4,954,461.27 for respondents (including legal fees and other expenses)
Note that actual costs can vary significantly depending on the complexity and duration of the case
My sincere apologies, and I will delete the original erroneous post.
