It is for the Parties to agree fees with the arbitrators. The only mandatory fees are as follows unless waived by agreement.
| Appointment Fee |
SGD 375 / USD 250 ** |
Paid to arbitrator |
| Booking Fee for Tribunal |
SGD 1,125 / USD 750 ** per day |
Paid to arbitrator |
| Authentication of Arbitration Awards |
SGD 150 |
Paid to SCMA |
| Certifying of Documents |
SGD 150 |
Paid to SCMA |
| SCMA chairman appointing arbitrator in default of parties appointing |
SGD 750 |
Paid to SCMA |
| ** Payment can be made in either Singapore Dollars (SGD) or U.S. Dollars (USD) in the
amount stated above.
|
