This calculator enables prospective parties to CRCICA arbitrations to apply Tables (1), (2) and (3) annexed to CRCICA Arbitration Rules in force as from 1 March 2011, which apply to arbitration proceedings that have commenced after this date.
After inserting the sum in dispute in US $ and indicating the number of arbitrators, the calculator will provide an indicative estimation of the administrative and arbitrators' fees, to be deposited by the parties in equal shares before the commencement of the arbitral proceedings.
The estimation is exclusive of the fixed registration fee amounting to US $ 500 to be paid by the claimant upon filing the notice of arbitration and the respondent upon filing a counterclaim. It is also exclusive of any expenses, which shall be determined according to the Rules.
The estimation of the total costs of the arbitration (excluding the registration fee and the expenses) is made based on the minimum arbitrators' fees.