Re: [soac-newgtldapsup-wg] WT 1 fee in stages
- To: soac-newgtldapsup-wg@xxxxxxxxx
- Subject: Re: [soac-newgtldapsup-wg] WT 1 fee in stages
- From: Richard Tindal <richardtindal@xxxxxx>
- Date: Tue, 18 May 2010 10:28:49 -0700
I fully agree. I think one of our recommendations should be that applicants
who meet our criteria should be able to pay their fee in phases.
On May 18, 2010, at 9:45 AM, Elaine Pruis wrote:
> 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.
> Elaine Pruis
> VP Client Services
> +1 509 899 3161