These scale fees apply to arbitrations commenced under the SIAC-SGX DC Arbitration Rules. They are effective from 27 March 2006. All sums stated are in Singapore dollars.
Sum in Dispute (Claim + Counterclaim) |
Administration Fees |
Arbitrator's Fees (500 / hour)* |
Estimated Total (Admin Fees + Arbr's Fees) |
|
|
|
Min |
Max |
Up to 50,000 |
2,500 (Minimum) |
500 up to maximum of 2,500 (5 hours) |
3,000 |
5,000 |
50,001 to 100,000 |
2,500 (Minimum) |
500 up to maximum of 4,000 (8 hours) |
3,000 |
6,500 |
100,001 to 250,000 |
2,500 (Minimum) |
500 up to maximum of 4,500 (9 hours) |
3,000 |
7,000 |
250,001 to 500,000 |
2,500 + 0.3% of excess over 250,000 |
500 up to maximum of 4,500 (9 hours) |
3,000 |
7,750 |
500,001 to 750,000 |
3,250 + 0.3% of excess over 500,000 |
500 up to maximum of 5,500 (11 hours) |
3,750 |
9,500 |
750,001 to 1,000,000 |
4,000 + 0.3% of excess over 750,000 |
500 up to maximum of 5,500 (11 hours) |
4,500 |
10,250 |
1,000,001 to 2,000,000 |
4,750 + 0.15% of excess over 1,000,000 |
500 up to maximum of 7,000 (14 hours) |
5,250 |
13,250 |
2,000,001 to 3,000,000 |
6,250 + 0.15% of excess over 2,000,000 |
500 up to maximum of 7,000 (14 hours) |
6,750 |
14,750 |
3,000,001 to 4,000,000 |
7,750 + 0.15% of excess over 3,000,000 |
500 up to maximum of 8,500 (17 hours) |
8,250 |
17,750 |
4,000,001 to 5,000,000 |
9,250 + 0.15% of excess over 4,000,000 |
500 up to maximum of 8,500 (17 hours) |
9,750 |
19,250 |
5,000,001 to 10,000,000 |
10,750 + 0.075% of excess over 5,000,000 |
500 up to maximum of 10,000 (20 hours) |
11,250 |
24,500 |
Over 10,000,000 |
14,500 + 0.075% of excess over 10,000,000 (capped at 18,250) |
500 up to maximum of 10,000 (20 hours) |
15,000 |
28,250 |
* The arbitrator's fee indicated here is based on the appointment
of a sole arbitrator. If more than one arbitrator is appointed, the fees
payable to arbitrators will be multiplied by the number of arbitrators appointed.
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