Construction Dispute definition
Examples of Construction Dispute in a sentence
The decision of the arbitrator appointed by Construction Dispute Resolution Services, LLC shall be final and binding and judgment on the decision may be entered in any Court of competent jurisdiction.
The decision of the arbitrator appointed by Construction Dispute Resolution Services, LLC shall be final and binding and judgment on the decision may be entered in any court of competent jurisdiction.
If the matter has not been resolved within thirty (30) days (ten (10) days if an Initial Construction Dispute) of the date of the response statement, then either party may initiate arbitration of such controversy by written notice to the other (the “Arbitration Notice”).
The other party will, within ten (10) days ((five (5) days if an Initial Construction Dispute) of receiving such written statement, submit to the party initiating the dispute resolution its own detailed written statement of the position and reasons therefor.
In the event that the amount in dispute exceeds the jurisdiction of the applicable Small Claims Court, the dispute shall be settled by binding arbitration administered by Construction Dispute Resolution Services, or if unavailable, Resolute Systems, before a single arbitrator using its Commercial Arbitration Rules.
If Member and SHW cannot agree on an independent arbitration service, then both parties agree to use Construction Dispute Resolution Services (CDRS) for the arbitration.
If the alleged damages exceed the jurisdictional limit for Small Claims Court, the dispute shall then be submitted to binding arbitration before Construction Dispute Resolution Services (“CDRS”).
The other party will, within ten (10) days (five (5) days if an Initial Construction Dispute) of receiving such written statement, submit to the party initiating the dispute resolution its own detailed written statement of the position and reasons therefor.
For the avoidance of doubt, the obligations set forth in this Article IV will remain in full effect until the earlier of (i) the day on which all Guaranteed Obligations have been paid in full; and (ii) the Project Completion Date; provided, however, that all of the obligations set forth in this Article IV shall remain in effect solely with respect to any Additional Amount so long as any Additional Amount remains outstanding or any Construction Dispute remains unresolved.
The mediation and/or arbitration shall be conducted by and according to the Mediation and/or Arbitration Rules and Procedures of Construction Dispute Resolution Services, LLC.