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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’ disputes SBEA 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 -

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