(1) These Guidelines, together with its Schedules (“Guidelines on Fees”), shall form part of the PDRCI Arbitration Rules (“Rules”). By agreeing to submit their dispute to arbitration under the Rules, the parties are deemed to have accepted
the terms of these Guidelines on Fees. By accomplishing and submitting to PDRCI the form attached as Schedule “C” (for arbitrators), the arbitrators appointed under the Rules are deemed to have accepted the terms of these Guidelines
on Fees.
(2) Notwithstanding any agreement of the parties, the provisional advances on cost1 (“Provisional Advance” or “Provisional Advances”) shall be set and collected solely by PDRCI. In setting the Provisional Advances for arbitrator’s fees, PDRCI shall follow the schedule of fees for arbitrators in the cases that it administers. The schedule of fees, as of 1 November 2012, is provided in Schedule “A.” In exceptional cases, PDRCI may increase the fees for certain arbitrations
on account of the amount in dispute, complexity of the subject matter, time spent by the arbitrators and other relevant circumstances.
(3) Payment of Provisional Advances shall be made directly to PDRCI. Unless PDRCI grants a different period, Provisional Advances shall be paid within thirty (30) days from receipt of the corresponding statement from PDRCI
(4) Payment of Provisional Advances shall be exclusive of any applicable value-added tax (“VAT”).
(5) The parties and the arbitrators involvedin the arbitration shall comply with the relevant tax laws and regulations.
(6) The rules on the fees in relation to Emergency Relief Proceedings are provided in Schedule “D,” as supplemented by other parts of these Guidelines on Fees.
(7) The schedules forming part of these Guidelines on Fees are:
- Schedule A – Schedule of Fees;
- Schedule B – Form for Information to be provided by Parties;
- Schedule C – Form for Arbitrator Acceptance, Oath of Office and Statement of Independence and Impartiality; and
- Schedule D – Guidelines on Fees for Emergency Relief Proceedings.