| Азначнік матэрыялу |
|---|
| Arbitration vs. Adjudication: UK |
| Final decision ? |
| Cost of adjudication |
| Cost comparison |
| Timetable compared |
| Усе старонкі |
JPAGE_CURRENT_OF_TOTAL
Mean adjudicator costs were calculated at hourly rate ₤ 200 (as fit for lawyer adjudicator without data about expert lawyer costs and concurrently consistent with the two main ranges from Report No 12, considering that from among these ranges one is without upper limit) for the case A with extremely low 15 hours budget, for the case B with 25 hours for C with 40 and for D case 50 hours. ANB fee is calculated as ₤ 300. Spot exchange rates of Bank of England (last three years average ) was used for calculations from EUR (1,1842 EUR for one Pound sterling, and 0,8456 Pounds for one Euro). Table No 1: Case costs comparation in ₤
|
Case summary |
Mean adjudication costs |
JSM PCA (EUR in parenthesis) |
|
A Claim sum |
10,000 |
10,000 (11,842) |
|
Fees (without expert+representatives) |
3,300 |
809.35 (957,1) |
|
B Claim sum |
50,000 |
50,000 (59,200) |
|
Fees (without expert+representatives) |
5,300 |
2,825.14 (3,341) |
|
C Claim sum |
100,000 |
100,000 (118 420) |
|
Fees (without expert+representatives) |
8,300 |
4, 327.44 (5,117.6) |
|
D Claim sum |
250,000 |
250,000 (296,050) |
|
Fees (without expert+representatives) |
10,300 |
7,319.3(8,655.75) |