Declaration Fee

From BCMpedia. A Wiki Glossary for Business Continuity Management (BCM) and Disaster Recovery (DR).
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1. Declaration Fee is a one-time fee charged by the alternate site provider to the customer who declares a disaster.




BCMBoK Competency Level
BCMBoK 5: Plan Development CL 2D: Intermediate (DR)











(Source: Business Continuity Management Institute - BCM Institute)

2. A fee charged by a Commercial Hot Site Vendor for a customer invoked disaster declaration.

(Source: ENISA - the European Network and Information Security Agency. BCM & Resilience Glossary)