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Setting the fees of DAAB member/s...............................................................................................5
4.9. After due consultation with the parties, and after consulting with the potential appointee,
FIDIC will confirm the appointment.
4.10. While FIDIC will take reasonable efforts to select a suitable candidate, FIDIC does not guarantee the suitability or capability of any appointee and accepts no responsibility or liability whatsoever for any appointment made. FIDIC will not be responsible for any errors or omissions of the appointee.
5. Setting the fees of DAAB member/s
5.1. FIDIC does not set or recommend the adjudicator’s fee scales. Once the appointment is made by FIDIC, the terms of appointment are to be agreed between the appointed member/s and the Parties, unless this authority is specifically vested to FIDIC, under relevant FIDIC contract, in which case, FIDIC will include, in the terms of appointment, the monthly services fee and the daily fee to be paid to the appointee.
5.2. FIDIC will give due cognisance to the fees proposed by prospective appointees, however, the suitability or appointment of a member will not be determined by their fees.
6. Communications
6.1. All communication with the Parties will be through FIDIC Website or by email provided by the applicant /requesting Party.
7. Appointment Service Fee
7.1. FIDIC charges a non-refundable fee for its appointments.
7.2. The fee applies for appointment of each member of the DAB or DB or DAAB or the Adjudicator or its replacement, as the case may, and amounts to: • EUR4000 for appointments made under contract based on FIDIC contract; • EUR5500 for appointments made under bespoke contract based on FIDIC contract under license from FIDIC.
7.3. Payment is made either by bank transfer or credit card authorisation by the applicant at the time the request is made.
7.4. No action will be taken by FIDIC until the full fee is paid.
7.5. The payment is non-refundable whether or not, an appointment is made, for whatever reason.