BAIAC Fees
It is the committment of BAIAC to make arbitration economical and promulgates transparent structure of fees for its users.
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- Case filing fee
CASE FILLING FEE (Non-refundable)
SGD 850 - Administration Fees
SUM IN DISPUTE (SGD) ADMINISTRATION FEES (SGD) Up to 50,000 1,000 50,001 to 100,000 1,500 + 1% excess over 50,000 100,001 to 500,000 2,500 + 1% excess over 100,000 500,001 to 1,000,000 4,000 + 1% excess over 500,000 1,000,001 to 2,000,000 5,500 + 0.5% excess over 1,000,000 2,000,001 to 6,000,000 7,500 + 0.5% excess over 2,000,000 6,000,001 to 10,000,000 10,000 + 0.15% excess over 5,000,000 10,000,001 to 50,000,000 13,500 + 0.08% excess over 10,000,000 50,000,001 to 80,000,000 20,000 + 0.035% excess over 50,000,000 80,000,001 to 100,000,000 30,000 + 0.02% excess over 80,000,000 Above 100,000,000 45,000 - Arbitrator's Fees (payable to each arbitrator)
SUM IN DISPUTE (SGD) ARBITRATOR'S FEES (SGD) Up to 50,000 2,500 50,001 to 100,000 2,500 + 10% excess over 50,000 100,001 to 500,000 4,000 + 4.500% excess over 100,000 500,001 to 1,000,000 12,500 + 4% excess over 500,000 1,000,001 to 2,000,000 18,500 + 2% excess over 1,000,000 2,000,001 to 6,000,000 30,000 + 1% excess over 2,000,000 6,000,001 to 10,000,000 40,000 + 0.5% excess over 5,000,000 10,000,001 to 50,000,000 50,000 + 0.25% excess over 10,000,000 50,000,001 to 80,000,000 80,000 + 0.1% excess over 50,000,000 80,000,001 to 100,000,000 120,000 + 0.05% excess over 80,000,000 100,000,001 to 500,000,000 200,000 + 0.04% excess over 100,000,000 Above 500,000,000 250,000 + 0.03% excess over 500,000,000 up to a maximum of 750,000
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- Arbitrator appointment fees
APPOINTMENT FEE 1 Arbitrator 2 Arbitrators 3 Arbitrators SGD 1,500 SGD 2,000 SGD 2,500
- Arbitrator appointment fees
- Case filing fee
- Please note that the above does not cover the following:
- Travel expenses of arbitrators:The arbitrators may be located in another location other than the place of hearing, hence need to travel for case management conference, hearing, etc. thus incur expenses. BAIAC will endeavour to discuss with the arbitrators on their travel and accommodation preference taking into account the nature of the case, parties and cost-efficiency.
- Expenses associated with proceedings and venue:There will be expenses associated with the meeting, hearing and its venues to be borne by the parties. Hearings in Singapore will be at Maxwell Chambers or suitable local hotels/meeting venues that can be arranged through BAIAC, according to the preference of the parties. Transcribers and translators may be also required thus parties are required to account for this.
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