Who can use this contract?
You can use this Agreement if you are an employer, main contractor or subcontractor and you want to refer disputes arising out of a project to the same arbitrator as those other parties. And it is suitable for international or domestic disputes.
What is this contract for?
This Arbitration Agreement sets out the arrangements for conducting a three-party e arbitration
What are the main issues?
Identify the disputes that are the subject of the arbitration
Identify the arbitrator – either by name or by reference to the required qualifications. Our arbitration agreement has a two-stage appointment process with each party putting forward potential names of an arbitrator, failing which the decision will be made by an appropriate institution.
Then the arbitration agreement needs to specify place of the arbitration, the governing law and language to be used
And the arbitration procedure should be set out to a reasonable extent.
Costs and expenses and how these will be shared and/or decided by the arbitrator should also be covered
What detailed terms does the contract contain?
The main points cover:
- 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- prior agreements superseded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.
For more information on each of these sections, see our Explanatory Notes which you will receive when you download the document from our website.
For information on signing documents see our Contract Signing page
When I download the document, can I change it and/or use it more than once?
Yes, all ContractStore’s templates are in MS Word and you can use the contract on more than one project. For more information, watch the video on this page of our website or see our FAQs
ContractStore supplies templates and is not a law firm. But experienced lawyers write all our templates, so we can arrange legal assistance for customers who need special terms in one of our documents or a bespoke template. For more information see our Legal Services page. For more information see our Legal Services page.
Contract Author – Giles Dixon
And if you want to contact us see our Contacts page.
If you have any questions about a contract and/or want to see the Explanatory Notes before you buy, please let us know by using our contact form
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