An overview of time and cost in arbitration for construction projects / Azira Ibrahim ... [et al.]

Arbitration is one of the dispute resolution widely used in construction industries. Most of the construction contracts provide the arbitration clause to give the contractual parties a way out to settle the dispute. Most of the contractual parties have chosen arbitration in their dispute for two goo...

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Main Authors: Azira, Ibrahim, Zulhabri, Ismail, Thuraiya, Mohd, Ida Nianti, Mohd Zin
Format: Conference or Workshop Item
Language:English
Published: 2015
Subjects:
Online Access:http://ir.uitm.edu.my/id/eprint/32698/1/32698.pdf
http://ir.uitm.edu.my/id/eprint/32698/
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spelling my.uitm.ir.326982020-07-20T09:27:25Z http://ir.uitm.edu.my/id/eprint/32698/ An overview of time and cost in arbitration for construction projects / Azira Ibrahim ... [et al.] Azira, Ibrahim Zulhabri, Ismail Thuraiya, Mohd Ida Nianti, Mohd Zin Estimates. Measurements. Quantities and cost Sustainable buildings. Sustainable construction Arbitration is one of the dispute resolution widely used in construction industries. Most of the construction contracts provide the arbitration clause to give the contractual parties a way out to settle the dispute. Most of the contractual parties have chosen arbitration in their dispute for two good reasons. Arbitration provides quicker decision making process than litigation. The second reason contractors choose arbitration because it will provide them arbitrator with much experience in the construction industry. In arbitration, the final award granted by an arbitrator will be classified as private and confidential. As a result the award given will be kept as a secret unless the permission is givenfrom the dispute parties. The issue here is once the proceedings are classified as private and confidential, the potential dispute parties do not know the time taken to settle the dispute and also the cost involved in arbitration proceedings. Only the disputed parties know how much they need to spend in order to settle the dispute and how long the time is needed for the whole process of arbitration. Therefore the objectives of this research are; to identify the current arbitration time frame to complete the proceedings by referring to case studies; to determine the relevant costs incurred in the arbitration proceeding by referring to the rules imposed by relevant bodies; and lastly to develop a framework relevant to time and cost in arbitration proceedings. To achieve the objectives of this study, data collection through content analysis technique will be applied to analyse selected case studies. In addition, in depth interview with an arbitrator and relevant stakeholders who experienced in arbitration proceedings will be arrange in order to answer research objectives. 2015 Conference or Workshop Item PeerReviewed text en http://ir.uitm.edu.my/id/eprint/32698/1/32698.pdf Azira, Ibrahim and Zulhabri, Ismail and Thuraiya, Mohd and Ida Nianti, Mohd Zin (2015) An overview of time and cost in arbitration for construction projects / Azira Ibrahim ... [et al.]. In: Proceedings of Postgraduate Conference on Global Green Issues (Go Green), 7-8 October 2015, Dewan Kuliah Al-Khawarizmi Universiti Teknologi MARA Cawangan Perak.
institution Universiti Teknologi Mara
building Tun Abdul Razak Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Teknologi Mara
content_source UiTM Institutional Repository
url_provider http://ir.uitm.edu.my/
language English
topic Estimates. Measurements. Quantities and cost
Sustainable buildings. Sustainable construction
spellingShingle Estimates. Measurements. Quantities and cost
Sustainable buildings. Sustainable construction
Azira, Ibrahim
Zulhabri, Ismail
Thuraiya, Mohd
Ida Nianti, Mohd Zin
An overview of time and cost in arbitration for construction projects / Azira Ibrahim ... [et al.]
description Arbitration is one of the dispute resolution widely used in construction industries. Most of the construction contracts provide the arbitration clause to give the contractual parties a way out to settle the dispute. Most of the contractual parties have chosen arbitration in their dispute for two good reasons. Arbitration provides quicker decision making process than litigation. The second reason contractors choose arbitration because it will provide them arbitrator with much experience in the construction industry. In arbitration, the final award granted by an arbitrator will be classified as private and confidential. As a result the award given will be kept as a secret unless the permission is givenfrom the dispute parties. The issue here is once the proceedings are classified as private and confidential, the potential dispute parties do not know the time taken to settle the dispute and also the cost involved in arbitration proceedings. Only the disputed parties know how much they need to spend in order to settle the dispute and how long the time is needed for the whole process of arbitration. Therefore the objectives of this research are; to identify the current arbitration time frame to complete the proceedings by referring to case studies; to determine the relevant costs incurred in the arbitration proceeding by referring to the rules imposed by relevant bodies; and lastly to develop a framework relevant to time and cost in arbitration proceedings. To achieve the objectives of this study, data collection through content analysis technique will be applied to analyse selected case studies. In addition, in depth interview with an arbitrator and relevant stakeholders who experienced in arbitration proceedings will be arrange in order to answer research objectives.
format Conference or Workshop Item
author Azira, Ibrahim
Zulhabri, Ismail
Thuraiya, Mohd
Ida Nianti, Mohd Zin
author_facet Azira, Ibrahim
Zulhabri, Ismail
Thuraiya, Mohd
Ida Nianti, Mohd Zin
author_sort Azira, Ibrahim
title An overview of time and cost in arbitration for construction projects / Azira Ibrahim ... [et al.]
title_short An overview of time and cost in arbitration for construction projects / Azira Ibrahim ... [et al.]
title_full An overview of time and cost in arbitration for construction projects / Azira Ibrahim ... [et al.]
title_fullStr An overview of time and cost in arbitration for construction projects / Azira Ibrahim ... [et al.]
title_full_unstemmed An overview of time and cost in arbitration for construction projects / Azira Ibrahim ... [et al.]
title_sort overview of time and cost in arbitration for construction projects / azira ibrahim ... [et al.]
publishDate 2015
url http://ir.uitm.edu.my/id/eprint/32698/1/32698.pdf
http://ir.uitm.edu.my/id/eprint/32698/
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score 13.211869