Fixed Fee Adjudication
The RICS DRS has designed a valuable package for those who require absolute certainty in regards to adjudication and Authorised Nominating Authority fees. The fixed fee adjudication package includes the following:
- Flat up front fee. This fee is applicable upon application
- Flat fee includes certification, and adjudicator fees
- This fee is applicable upon receipt of adjudication application
- Provision for disbursements up to the value of $50.00 (excluding GST).
- Subject to Terms and Conditions - available to view from the right hand download column.
The rates are as per the following table:
| Payment Claim range (incl gst) |
Total Adjudication Fees |
Total Adjudication fees (incl gst) |
|
0-6500 |
650 |
715 |
|
6501-15000 |
1000 |
1100 |
|
15001-25000 |
2000 |
2200 |
|
25001-40000 |
3100 |
3410 |
If you wish to apply for fixed fee adjudication, please download, complete and return the adjudication application available for download from the right hand column.
Adjudication Fees - Non-fixed fee adjudication, or payment claim over $40,000.00
ANA Application Fees:
- RICS DRS does not charge for application fees for non-fixed fee Adjudication, or disputes involving payment claims exceeding $40,000.00 including GST.
Adjudicator Fees:
- Dependent on adjudicator (experience and relevant skills: $160 to $325 per hour - excluding GST)
Adjudication Certificate:
- Flat fee: $200.00 (excluding GST, $220.00 including GST)
Disbursements: (eg. copy and fax costs of documents)
- Disbursements are charged at cost price.
If you wish to apply, please download, complete and return the Adjudication Application form (available right hand column).
