12. Awards

12.1. Award Classes and Values

1) There are thirteen (13) separate awards to be granted to the professional competition winners according to the categories as follows;

-Eight (8) awards in the Residential Category

-Five (5) in the Commercial and Cultural Category.

2) There are three (3) student awards, of which two (2) are in the residential category and one (1) is in the commercial and cultural category.

3) In principle, one award will be given to each plot in the competition; the class of the award is determined by the jury (see below).

4) The award will be ranked in the following three classes;

-The first prize: to be given to a design that is outstanding in all regards and potentially revolutionary at least in an important area of architecture.

-The second prize: to be given to a design that is outstanding the overall solution of the problems.

-The third prize: to be given to a design that is excellent in the overall solution of the problems.

5) The jury has the exclusive right to interpret the definition of classes above and recommend the ranking of an award.

6) The above notwithstanding, the number of the first prize shall be only one (1), the second prize shall not exceed two (2), with the rest being third prize, for the entire Professional Competition.

7) The jury has the exclusive right to select a certain number of designs that merit Honorable Mention to each target building.

8) Each award consists of the following

-The first prize: a certificate of commendation, a gold medal and a US$160,000 cash prize

-The second prize: a certificate of commendation, a silver medal and a US$80,000 cash prize

-The third prize: a certificate of commendation, a bronze medal and a US$40,000 cash prize

-Honorable Mention: a certificate of commendation only

9) A student award will consist of a certificate of commendation and a US$10,000 cash prize.

12.2. Condition of Award

1) Every gold medal winner is entitled to be commissioned by the Promoter to design the target building on a contract basis. He/she will be replaced by the silver medal winner if he/she cannot conduct this assignment for some reason or other.

2) Every commissioned winner from abroad shall be obliged to associate with a local architect as according to the UIA Code of Ethics as well as regulatory and licensing considerations in China. (See 13.3)

12.3. Payment of Award

1) The Project Promoter will deposit directly the award money in an account designated by the winner. Before this payment is made, the awardee shall sign a legal document attesting that all legal and tax obligations are properly handled and freeing the Project Promoter from any legal or tax liabilities.

2) In cases where the country of residence of the winner requires that the tax part of the award money be deducted and paid directly to the tax authority in question, the awardee shall agree that this tax payment be made according to the law.