diff --git a/README.md b/README.md
index 66ebb25..520f7b0 100644
--- a/README.md
+++ b/README.md
@@ -52,7 +52,7 @@ The following JSON snippet models a contracting process where fees are applied t
 }
 ```
 
-The following JSON snippet models a contracting process where fees are calculated as a percentage of the awarded contract value.
+The following JSON snippet models a contracting process with a participation fee of 5% of the award value, payable by the winning bidder.
 
 ```json
 {