The International Trade Council (ITC) may impose charges for its mediation services related to trade disputes. The following is a list of suggested charges that the ITC may consider:
- Filing fee: A fee to cover the administrative costs associated with filing the request for mediation. This fee may vary based on the complexity of the dispute and the number of parties involved.
- Mediator fees: The fees charged by the mediator(s) appointed by the ITC to facilitate the mediation process. This fee may vary based on the experience and qualifications of the mediator(s) and the duration of the mediation.
- Room rental and other expenses: If the mediation is conducted at a location other than the ITC’s office, the ITC may charge a fee to cover the cost of renting a suitable venue, providing refreshments, and any other expenses associated with the mediation.
- Travel expenses: If the mediator(s) need to travel to a different location to conduct the mediation, the ITC may charge a fee to cover their travel expenses, such as airfare, hotel accommodations, and ground transportation.
- Cancellation fee: If a party cancels the mediation after it has been scheduled, the ITC may charge a fee to cover any costs incurred by the cancellation, such as cancellation fees for the mediator(s) and venue rental fees.
- Post-mediation fee: If the parties reach a settlement agreement as a result of the mediation process, the ITC may charge a fee to cover the administrative costs associated with preparing the settlement agreement and any other post-mediation activities.
- Other expenses: The ITC may also charge other expenses that are necessary to facilitate the mediation process, such as translation fees, stenography fees, and other incidental expenses.
Actual charges imposed by the ITC may vary based on various factors, including the nature and complexity of the dispute, the location of the mediation, and the duration of the mediation. The ITC will provide a detailed fee schedule to the parties before commencing mediation.