In December 2023, MarinTrust published their new fees and price structure, to be effective from 1 January 2024. The full breakdown of the new prices is listed below, alongside the current prices which were last revised in January 2020. These price increases have largely been driven by global inflation and will allow the MarinTrust programme to continue to meet the constantly evolving and demanding market expectations, while driving continued improvement. The revised prices are only for administrative fees whilst all fees related to fisheries are still under review and an update will be sent in early 2024.

Item

Current Fees

Fees 2024 (from 1 January)

Administration

 

FIP annual charge

£2,000

 

Scope extension or update fee

£75

 

Peer Review Costs (by accredited CB)

 

A. Gap Analysis 

£1,545

Under review

B. Stakeholder Committee

£155

Under review

C. Initial Action Plan (FAP) created for FIP

£515

Under review

D. FIP Action Plan Tracker (quote for annual review, final cost will depend on complexity)

£920

Under review

Peer Review costs A-C cover the initial review process for the FIP. Any additional verification or re-submissions will incur additional costs based on the complexity of the work.

 
  

Costs for the Individual company participants:

 

Upon MarinTrust IP Application Approval

 

Annual MarinTrust IP per Company Registration 

£3,210

 

Annual MarinTrust IP per Factory Registration

£600

 

Annual Subcontractor charge – per unit (if applicable)

£125 

On Site Assessment/Audit

 

Paid to inspector/auditor every year

Varies

 

Claims Agreement

  
Fee per plant

£300