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Table
of Arbitrator's Fees
(Effective June 2004)
The honoraria of the Arbitrators shall consist of a Base Amount (BA)
plus
Adjustments to reflect complexity of the case, number of disputants and
number of arbitrators.
1.
Base Amount (BA)
| a. |
Up to 1M |
-
P50,000 |
| b. |
Over 1M to 5M |
- P70,000 + 2% of amount in
excess of 1M |
| c. |
Over 5M to 10M |
- P125,000 + 1% of amount in
excess of 5M |
| d. |
Over 10M to 20M |
- P150,000 + .75% of amount in
excess of 10M |
| e. |
Over 20M to 50M |
- P250,000 + .50% of amount in
excess of 20M |
| f. |
Over 50M to 100M |
- P400,000 + .25% of amount in
excess of 50M |
| g. |
Over 100M |
- P550,000 + .10% of amount in
excess of 100M |
2.
Adjustments
The Base Amount computed in Item No. 1
shall be adjusted to take into account the following:
|
|
Adjustment
Factor (AF) |
| 2.1 |
Complexity (AF1) |
|
|
Simple |
1.0 |
|
Complex |
2.0 |
| 2.2 |
Number of
Disputants (AF2) |
|
|
2 |
1.0 |
|
3 |
2.0 |
|
4
and over |
3.0 |
| 2.3 |
Number of
Arbitrator/s (AF3) |
|
|
1 |
1.0 |
|
3 |
2.0 |
| 2.4 |
Overall
Adjustment Factor (OAF) |
|
|
OAF
=
|
(AF1 + AF2 +AF3)
- 3.0 |
|
|
|
|
|
|
| 3. |
Total
Honoraria
= (BA x OAF +1.0) |
|
Note:
Total honoraria maybe adjusted by the PDRCI Board upon the
Secretariat’s recommendation based on any of the following
factors: 1) ability of parties to pay the said fee, 2) complexity of
the case and 3) qualifications of arbitrators. Please note
that these fees exclude the administrative fees of the PDRCI and
miscellaneous expenses.
©
2005 by Philippine Dispute Resolution Center, Inc. (PDRCI)
Please contact
us
for further information.
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