Found this material at Circle ID site which was posted by John Levine(original posting).
Thought i should share it.
After a short research,
Found this posting at ICANN’s site.
Pay as you proceed through the evaluation process?
1st Stage.
1a) provide an INITIAL APPLICATION FEE ($<5000)
1b) application acceptance and initial evaluation
1c) change the initial evaluation on the Business and Technical portions [...]