ICC (2017)—fees, advances and costs

The following Arbitration practice note provides comprehensive and up to date legal information covering:

  • ICC (2017)—fees, advances and costs
  • Arbitration costs under the ICC Rules
  • Arbitrator's fees
  • ICC administrative expenses
  • Tribunal-appointed expert's fees and expenses
  • Parties' costs
  • ICC payment details
  • Filing fee for commencing ICC arbitration
  • Provisional advance on costs
  • When is the provisional advance paid?
  • More...

ICC (2017)—fees, advances and costs

CORONAVIRUS (COVID-19): Many arbitral organisations have responded to the coronavirus pandemic with practical guidance and/or changes to their usual procedures and ways of working. For information on how this content and relevant arbitration proceedings may be impacted, see Practice Note: Arbitral organisations and coronavirus (COVID-19)—practical impact. For additional information, see: Coronavirus (COVID-19) and arbitration—overview.

This Practice Note considers fees, advances and costs under the 2017 International Chamber of Commerce (ICC) Rules of Arbitration (2017 ICC Rules). It also refers to the guidance in the ICC Note to Parties and Arbitral Tribunals on the Conduct of the Arbitration under the ICC Rules of Arbitration (ICC Note). References in this Practice Note to articles of and appendices to the ICC Arbitration Rules are to the 2017 ICC Rules unless otherwise indicated.

The 2017 ICC Rules apply to any ICC arbitrations commenced on or after 1 March 2017, unless the parties have agreed to submit to the rules in force on the date of their arbitration agreement. The 2017 ICC Rules include amended costs provisions effective from 1 January 2017, irrespective of the version of the ICC Rules that apply.

The 2017 ICC Rules also contain an expedited procedure which automatically applies where the arbitration agreement is entered into after 1 March 2017 and the amount in dispute is below US$2m. In cases above this threshold,

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