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[soac-newgtldapsup-wg] WT 1 Fees-lower up front fee
- To: soac-newgtldapsup-wg@xxxxxxxxx
- Subject: [soac-newgtldapsup-wg] WT 1 Fees-lower up front fee
- From: Elaine Pruis <elaine@xxxxxxxxxxxxxxxxxxxx>
- Date: Tue, 18 May 2010 09:45:43 -0700
Continuing the thread from yesterday's call.
Richard suggested that applicants that meet specific criteria for
assistance may benefit from not having to pay the entire fee up front.
The language from the cost analysis paper is
"– ICANN will collect the entire application
evaluation fee at the time an application is submitted. This approach
avoids a situation
in which the applicant partially completes the application process,
then may not have
the resources to continue. It also ensures that all costs are covered.
If the applicant only gets part of the way through the process then
the are not "costing" ICANN the full projected amount. Isn't it the
applicant's responsibility to determine if they have enough funding to
pay for the entire application? Allowing an applicant to pay as they
go means the applicant can raise money along the way... Investors
will be more likely to back an application that has made it through
the first step. I think this is a viable avenue to pursue. Either the
$55k non refundable fee, or the $125k that includes program
development costs plus costs of the application process, minus the
contingency fees.
Thoughts?
Elaine Pruis
VP Client Services
elaine@xxxxxxxxxxxxxxxxxxxx
+1 509 899 3161
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