Declaration Fee

1. Declaration Fee is a one-time fee charged by the alternate site provider to the customer who declares a disaster. BL-DR-5 Click to know more BCMBoK Competency Level BCMBoK 5: Plan Development CL 2D: Intermediate (DR) Click to know more about expert level training (Source: Business Continuity Management Institute - BCM Institute)

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

A Manager’s Guide to Implementing Your IT Disaster Recovery Plan

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