Dispute Resolution Techniques & Processes Flashcards

(7 cards)

1
Q

What is mediation?

A
  • A voluntary, confidential process where a neutral mediator helps parties reach a mutually agreeable settlement.
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2
Q

What is conciliation?

A
  • Similar to mediation, but the conciliator may propose solutions or provide expert guidance.
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3
Q

What is adjudication?

A
  • A fast, interim, statutory dispute resolution process (under the HGCRA) resulting in a temporarily binding decision.
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3
Q

What are Dispute Resolution Boards (DRBs)?

A
  • Independent panels appointed at project outset to help resolve issues as they arise and provide recommendations.
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4
Q

How does arbitration differ from adjudication?

A
  • Arbitration is a formal, private process where the arbitrator’s decision is final and legally binding.
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5
Q

What is Independent Expert Determination?

A
  • A contractual process where a technical expert provides a binding decision on a specific issue (e.g., valuation).
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6
Q

What is the purpose of dispute escalation mechanisms in contracts?

A
  • To provide structured steps to resolve disagreements before formal processes are used.
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