Declaration Fee

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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.
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BCMBoK Competency Level
BCMBoK 5: Plan Development CL 2D: Intermediate (DR)
A Manager's Guide to Managing and Implementing Your IT Disaster Recovery Plan (2010)











Courses: IT DR Certification

(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)