|
Adjudication Fees
There are costs associated with being an Authorised
Nominating Authority similar to that of any commercial
enterprise. These costs are off set by charging fees.
It is the policy of ASC that no determination will be released until the Adjudicator is paid the Adjudication fees. Accordingly, once the Adjudicator has made a decision, ASC will forward a letter to both parties advising each party the amount of the fees. Once the claimant and/ or the respondent have paid the fees for the purposes of release the decision will be released to both parties. The decision will state who is liable purusant to the Act. Therefore, if the claimant has paid 100% of the fees, but the decision states that the parties are equally liable, the respondent must reimburse the claimant for their share of the fees.
Fee Structure
Fee structures are as follows:
Adjudication Application Fee - $250.00
Adjudication Certificate Fee - $200.00
Adjudicator Fee - An hourly rate is charged by the Adjudicator. The fee charges is $300.00 per hour (excluding GST).
Fixed Price Applications
Adjudication Applications under $5,000.00 (excluding GST).
No Application Fee
Fixed Fee of $800.00 (inclusive of GST)
No Certificate Fee
Adjudication Applications $5,000.00 to $10,000.00 (excluding GST).
No Application Fee
Fixed Fee of $1100.00 (inclusive of GST)
No Certificate Fee
|