Examples of Dispute Review Board in a sentence
Dispute Review Board A form of Alternative Dispute Resolution that is typically comprised of three members, selected jointly by the CM and the Contracting Authority, to monitor the progress of construction and provide recommended resolutions to disputes that are brought before them.
Dispute Review Board A form of Alternative Dispute Resolution that is typically comprised of three members, selected jointly by the DB and the Contracting Authority, to monitor the progress of construction and provide recommended resolutions to disputes that are brought before them.
Where a Dispute Review Board (DRB) has considered a dispute and has made recommendations, the recommendations should ALWAYS be included in the required documentation for that contract change.
This AGREEMENT will remain in force until another Dispute Review Board AGREEMENT has been fully executed.
In the case of such disputes where the dollar amount in dispute (or the estimated dollar value of the extension of time in dispute) is $500,000 or more, the parties shall, if the mediation process fails, submit the dispute to a third-party Neutral or Dispute Review Board which shall within sixty (60) calendar days render a non-binding advisory opinion.
Capital The Adjudicator will be a Dispute Review Board jointly appointed by the Employer and the Contractor to resolve disputes as provided for in Clauses 24 and 25.
Program Manager has included an allowance of $ payment to to be available for expenditure by Program Manager by the issuance of the Dispute Review Board and/or Mediator for Owner’s share of any reasonable and necessary dispute resolution costs upon Program Manager’s receipt of Owner’s written approval of the invoice of the Dispute Review Board and/or Mediator, as applicable.
This AGREEMENT will remain in force until another Dispute Review Board Agreement to replace it has been fully executed.
Each contract for works estimated to cost $50,000,000 equivalent or more shall include the provisions of a Dispute Review Board set forth in the standard bidding documents for works referred to in paragraph 2.12 of the Procurement Guidelines.
The dispute resolution procedures, which shall be applicable to all Phases of this Agreement, are set forth in the General Conditions and in the Dispute Review Board process attached as Exhibit “J”.