This Arbitration Agreement is designed for use where an employer, main contractor and subcontractor agree to refer disputes arising out of a project to the same arbitrator. It is suitable for international or domestic disputes.
This four page document contains 11 clauses covering
- submission to and purpose of arbitration
- appointment of arbitrator
- place of arbitration
- written pleadings & procedure
- binding effect
- prior agreements superseded
There is also a clause dealing with partial settlement before the arbitration has been completed.
The schedules will contain details of relevant contracts, disputes and matters to be decided by the arbitrator.
You need this document if you are a party to a project dispute, and agree to refer the dispute to an arbitrator for resolution.