These scale fees apply to arbitrations commenced under the SIAC-SGX DT 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* |
Estimated Total (Admin Fees + Arbr's Fees) |
|
|
|
Min |
Max |
Up to 50,000 |
1,750 (Minimum) |
500 up to maximum of 1,500 (3 hours) |
2,250 |
3,250 |
50,001 to 100,000 |
1,750 (Minimum) |
500 up to maximum of 3,000 (6 hours) |
2,250 |
4,750 |
100,001 to 250,000 |
1,750 (Minimum) |
500 up to maximum of 3,000 (6 hours) |
2,250 |
4,750 |
250,001 to 500,000 |
1,750 + 0.15% of excess over 250,000 |
500 up to maximum of 3,000 (6 hours) |
2,250 |
5,125 |
500,001 to 750,000 |
2,125 + 0.15% of excess over 500,000 |
500 up to maximum of 4,500 (9 hours) |
2,625 |
7,000 |
750,001 to 1,000,000 |
2,500 + 0.15% of excess over 750,000 |
500 up to maximum of 4,500 (9 hours) |
3,000 |
7,375 |
1,000,001 to 2,000,000 |
2,875 + 0.075% of excess over 1,000,000 |
500 up to maximum of 6,000 (12 hours) |
3,375 |
9,625 |
2,000,001 to 3,000,000 |
3,625 + 0.075% of excess over 2,000,000 |
500 up to maximum of 6,000 (12 hours) |
4,125 |
10,375 |
3,000,001 to 4,000,000 |
4,375 + 0.075% of excess over 3,000,000 |
500 up to maximum of 7,500 (15 hours) |
4,875 |
12,625 |
4,000,001 to 5,000,000 |
5,125 + 0.075% of excess over 4,000,000 |
500 up to maximum of 7,500 (15 hours) |
5,625 |
13,375 |
5,000,001 to 10,000,000 |
5,875 + 0.03% of excess over 5,000,000 |
500 up to maximum of 9,000 (18 hours) |
6,375 |
16,375 |
Over 10,000,000 |
7,375 + 0.03% of excess over 10,000,000 (capped at 10,000) |
500 up to maximum of 9,000 (18 hours) |
7,875 |
19,000 |
* 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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