Re: [soac-newgtldapsup-wg] WT 1 fee in stages

[Richard Tindal <richardtindal@xxxxxx>]

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.

RT


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.
> 
> Thoughts?
> 
> 
> Elaine Pruis
> VP Client Services
> elaine@xxxxxxxxxxxxxxxxxxxx
> +1 509 899 3161
>