Learn about the common methods for resolving construction contract disputes through arbitration, such as selecting an arbitrator, presenting evidence, conducting hearings, and reaching a final decision.
When it comes to resolving construction contract disputes through arbitration, there are several common methods that are typically followed:
The first step in the arbitration process is selecting an arbitrator who is impartial and has relevant expertise in construction law. Both parties usually have to agree on the arbitrator or choose from a list provided by an arbitration service.
Once the arbitrator is chosen, each party presents their case by submitting evidence such as contracts, project documents, and witness testimonies. This evidence is critical in helping the arbitrator understand the nature of the dispute and make an informed decision.
Arbitration hearings are conducted where both parties have the opportunity to present their arguments and evidence. The arbitrator may ask questions and seek clarification from both parties to fully understand the issues at hand.
After considering all the evidence presented and arguments made, the arbitrator will reach a final decision. This decision is usually legally binding and enforceable, similar to a court judgment.
Overall, arbitration is a common method used to resolve construction contract disputes efficiently and with less cost compared to traditional litigation.
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