What are the benefits of Arbitration?

What are the Benefits of Arbitration?

Arbitration is a process in which the two parties chose an independent third party called an Arbitrator to provide a resolution.

It can be a faster, more efficient and less formal way of resolving disputes.

When there are Building Project disputes, it doesn’t usually go straight to court, it usually goes to Arbitration for Mediation and Adjudication.

The best way to resolve Building Project Issues is to keep the lines of communication open because when the stakeholders are not talking to each other it makes it a lot more difficult to resolve.

Unfortunately, different States have differently named Organisations to resolve Building Project issues, but essentially the processes are very similar.

Arbitration offers a valid precursory alternative to court litigation, as it is also more flexible, private and hearings can be heard relatively quickly. 

Quantity Surveyors can assist in resolving Building Project legal disputes, by providing their experience and knowledge to come up with a solution that all parties can agree on.

Tell us about the type of Building Project you require Arbitration for and we will find the right Quantity Cost Professionals that will be able to assist you.

Fill in your details, on the top right hand side of your screen now.

It could help to take the stress out of your situation and also to resolve your Building Project Issues.

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