SBEQ 3532 PART
Name: Lu WHI Ton
No. mati c= Ala @EUIO1
Section: 01
Question 3
Aen
(0%
Suitability the Ospute oad
= 0% is widependent novmally set at te outset of @ contact and remain in
plave and ave remunerated Hhoughat st dwiahon
= Lomprinng one ev three members thoraugty acijuainted with ne antac, t
cam ely partes resclve they disagy pemnonts and disputes lay providivt 9 informa}
asitane and by issuini rocommendatiOns o¥ cecsians :
= this projet specific and ave implenorted fram them ception + Me conspuction
poaject rather-an tne inception o4 disputes
= Fis vevy surtale Foy Kier Group PLC and east side oyerty as an appropriate
settlement mechansen :
Strengts = _
| Expartise OR .mombes
= the technical, competence A 0% momiss enhances the credibility 4 Meir
recommendations.
2) Project Lamnilianty
~ De mombers being the comstrnction eapeits, develop Eriowledge avout the
reviewing tne job dacument attending quartorty pragres
have a frame 4 vekerence when a
make move Pecused prosentatios.
particular projet by
meetings, and mating site ib. the
dupate aves , allewing *We parties ft
2) Real tone wnsidowrtion o4 disputes
- nov mally address disputes 45 they ave rather than waiting until the end
of the praeet
4) Preserve goud worling velationshiP
— 0B buna ty the qeyect Focus , vyectivty and an enthusiasm ty presevue goud
wahivg relations wetween tne garte>
—Disamyenmens are settled as they are rather Wan veig loY to Fetey and develo
inte atiainsigen’ disputesSBEA 3532 pagt e
Nowe ruwnt Iwi
Ny Mate MaBbuiU,
Sein. 1
&) Nen-lanciag vecovmmndabons
~The wnittin ecemmendatiats A 0 de net wind the partes.
~ DP Froquevtiy issue Firidings much like a ydgds stat omen t ¢ deciian Fellowing
AO bench tnal oe an arbitrators reasmed award
6) CospoMechve and hamt
— Aceeptance A Hog 9% deur results in eavliey paymenb to tho corthactov ,
taxing, cash low AKicaities. pmapleyey also will Fnew wines be stands in
resort A Mis cash How and budgets
Weaknesses =
) Dp ake Cost -erfechve for large praects only ave tu ahe getential savings in
claims avaidane?. 0B will vo tov costly Per small proyect: . ae
2) Conbractuys who are untammlay with 0G awcept may wow of as singly an
added (oct vathor than 4 potential source & savings —
than entarceadre Aeciians,
2 Limited te Mabing vecemmondations vectln
u) De decision i binclng only ac @ matter 4 contact between the parties.
wadevoning the position + the ovdnitert, ‘engineer or So vino 1 Ane
2 =
5) fen vbrtich admonistrater # te payer a fa
_Gertihoy and @SUE 2532 PARI BD
Nawe> Lu Why fenla
No mame AlABboI |
Section |
“Spent Seatuves vy arbi tration =
) Language
— Party owtenemy allows the parties te ter ito arbitration agreements
enyressiy prude fur the language to be wed the ava tation in which
the avlatial pruceduve i conducted , the poucdvval odes and award will be
issmed.
— dn the alsenee of a speakic language provsion Foy abbitretion, the lanquag)
( povsion that applies +0 the wnract will be applies to avvitraton
3) Exportse arbitral thbunal
= The party can docide who should be *He Gvbitrater and may draw 4 shark
Vist potential ava tractors, :
- Pybitrtovs with weth technical and legal expertise can ousare the ats pute is
_|_tesulved by way of an enforcealde award
2) Nebality of arbital tribareal
| autevties. Nevee, the nontal atatial tribunal can manage a foil process
| and ovoure a just uwteamne ee
Lathe nembatity independence and impartiality dr tne aatal tilwcal
achieves faivaess and justice oe
= Arvitation Afors a neutal frum detached from the yarhes Gd tate
Uy Choice represent he :
— the repveentatwes aro wot limited to those why ave qualified legal
vac titia 1 os.
Parties can tery counsel fom anywhere in the world und tvevetere have
[a wmuch greater pour vf enpertee te chwse Sam,SBEQ 3532 PARI B
Name. LY wit 1eNG
No matic: AIGBEOIOL
Xion 1
9) Ymality
~ Avbihal tnlaval’s award final and binding on the panko a is
On forall against te party against whom if 1s made
&) Univevsa) en tor coalalit
— Prvital awavdl eryet ummnodiately entitle the succesttal party to levy
execution agains} the assets A tne wnsuccesshul] party Sis Arr neces
4o convert te guard into a judgement ovdor of Ane court
—The award wnve enter? 4 intemationally by Fereign courts
— 4) Coutral ove procedure
= Elonibility vfeved to paves te taller xe procedure of onl trall qroceedn a>,
In consultation with an aybitial tinal. z
= Party contol iw avatration depend on the cheice ofthe relevant
procedure by iicorpavertion a ar tatiation rules , on He stage wo the arertil
proceedings, the dlctinclon Letwern smnall_and \arger dvputes avd
Categorisation A disgu tes based on te em plenty -