Knowledge Centre

Article 42: Costs

Part XI — THE AWARD

42.1 The Tribunal shall, in the final award, fix the costs of the arbitration and decide which party shall bear them.

42.2 Costs include:

42.2.1 the fees and expenses of the arbitrators under Schedule I; 42.2.2 the administrative fees and expenses of the Centre under Schedule I; 42.2.3 the reasonable legal and other costs incurred by the parties; 42.2.4 the fees and expenses of experts, witnesses, and third-party service providers; 42.2.5 any cost consequence under Article 33.

42.3 The Tribunal shall apportion costs having regard to the outcome, conduct of the parties, compliance with the procedural calendar, and the Timeline Enforcement Protocol record.

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Parties with a valid arbitration agreement may file a Notice of Arbitration under the Consolidated Rulebook. The Secretariat acknowledges within one business day.

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