While reading the new TLD application announcement at ICANN, most of the announcement looked like one would expect it to. One thing, however...
The total fee per applicant takes into account close to $US13 million invested by ICANN since October 2007 to put the design of the implementation program in place. It includes allocated staff time, direct consulting expenses and other fixed costs. This cost will be allocated across the new gTLD applications until it is reclaimed and amounts to $US26,000.
13 million USD for that? Okay - there's more than you see beneath the surface here, for sure. 200 pages, six languages, lawyers, translators and whatnot involved, no doubt - but 13 million?
I'm in the wrong line of work, obviously.