​ICSID will revise its Schedule of Fees effective January 1, 2012.

The Centre's administrative fee, which has been in effect since January 1, 2008, will be adjusted to US$32,000 for all new and pending cases. The administrative fee is levied after the constitution of the conciliation commission, arbitral tribunal, or ad hoc committee and annually thereafter.

The Centre will also eliminate the fee it currently charges parties for its legal staff to attend hearings held away from the seat of the Centre. This fee, which is currently US$1,500 per day of hearing and travel, will be covered by the administrative fee.

In addition, the costs of hearing rooms will now be covered by the administrative fee when the proceedings are held in World Bank Group facilities.

Click here to view the revised Schedule of Fees.