Estimate Your Fees

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Your Estimated Average Fees (75%) (SGD): $95,362.50
Your Estimated Fees (Maximum) (SGD): $127,150.00

Details of Fees

Amount in Dispute (SGD) : $500,000.00
Number of Arbitrators: 3

Case Filing Fee (Non-refundable) (SGD) : $2,000.00

Arbitrators' Fees (Average) (SGD) : $88,087.50
Arbitrators' Fees (Maximum) (SGD) : $117,450.00
Administration Fees (Average) (SGD) : $7,275.00
Administration Fees (Maximum) (SGD) : $9,700.00
Estimated Fees (Average) (SGD) : $95,362.50
Estimated Fees (Maximum) (SGD) : $127,150.00

SIAC will charge a minimum administration fees of S$3,800, payable for all cases, unless the Registrar otherwise determines.

Please note that the above average or maximum fees shown reflect the estimated average or maximum fees (as applicable) that may be paid by all parties to the arbitration.

The above fees do not include expenses incurred for the arbitration (e.g. Tribunal's and SIAC's expenses) and any applicable taxes. Parties may be asked to provide additional deposits to cover any such expenses and/or disbursements. As a general guide only, SIAC will ask for an additional deposit in the form of a 15% mark-up on the estimated maximum fee in cases where a sole arbitrator is to be appointed and a 20% mark-up on the estimated maximum fee in cases where a panel of three arbitrators is to be appointed, to account for such expenses and/or disbursements. SIAC may also ask for additional deposits over and above these amounts in cases which may require additional expenses and/or disbursements.

Collection of Deposit Schedule

1st  Deposit (35%) (SGD) : $44,502.50
2nd Deposit (35%) (SGD) : $44,502.50
3rd  Deposit (30%) (SGD) : $38,145.00

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