Disputes are rare but time-consuming when they occur. Contractors often find that disputes take up significant time and energy, which could otherwise be spent focusing on profitable projects.
By including an arbitration clause in their contracts, contractors can ensure that any disputes are resolved quickly and without the need for expensive lawyers.
Arbitration allows contractors to represent themselves and saves money compared to lengthy litigation, which often ends in settlement without a fair hearing.
DMA (Dispute Management Association) offers the choice of using a neutral third-party arbitrator with expertise in construction, ensuring decisions are based on the facts of the case rather than on case law that often has little or no bearing on your specific dispute.
Arbitration through DMA is quicker, cheaper, and more focused on resolving the issue at hand.
Regular non-specific arbitration clauses often end up with attorney’s or judges as arbitrators who have little knowledge of construction, who sometimes have had negative experiences with contractors themselves.
So much time and money is wasted on the process of law. Arbitration eliminates that waste, and DMA on site arbitration streamlines the process even further providing the fairest quickest solution to the dispute.
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