Consideration of whether the FIDIC Dispute Adjudication Board’s Decision Should Be Regarded as an Award or as a Mediated Settlement Agreement
AbstractInternational construction is a significant element of world trade. In the international construction sector, forms of contract have become necessary and International Federation of Consulting Engineers (FIDIC) forms of contract have progressively emerged. Since 1999, under FIDIC forms, the...
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| Published in: | Journal of legal affairs and dispute resolution in engineering and construction 2022-11, Vol.14 (4) |
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| Main Author: | |
| Format: | Article |
| Language: | eng |
| Subjects: | |
| Online Access: | Get full text |
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| Summary: | AbstractInternational construction is a significant element of world trade. In the international construction sector, forms of contract have become necessary and International Federation of Consulting Engineers (FIDIC) forms of contract have progressively emerged. Since 1999, under FIDIC forms, the dispute adjudication board (DAB) has been empowered to resolve disputes between parties to a contract by making a binding decision. Therefore, enforcement of the DAB’s decision attracts attention from practitioners. In regard to the enforcement of a dispute settlement decision, there are two important international treaties: the Singapore Convention on mediation and the New York Convention on the recognition and enforcement of foreign arbitral awards. Thus, the main focus of this paper is a response to the question: Should the FIDIC DAB’s decision be considered as an award to be enforced under the New York Convention 1958 or as a mediated settlement agreement under the Singapore Convention? |
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| ISSN: | 1943-4162 1943-4170 |