Common use of Claims Arbitration Clause in Contracts

Claims Arbitration. 8.1 Client shall notify Foresight in writing within ten (10) days of learning of any condition that reflects the possibility that Foresight did not properly perform any of its Services or that Foresight may otherwise be liable to Client. The notice from Client to Foresight shall give the particulars giving rise to the possible claim, and Foresight shall then be afforded a reasonable opportunity to investigate. The failure to satisfy this claim notice requirement shall constitute a waiver of the claim. 8.2 Subject to the foregoing, every claim and dispute between Client and Foresight arising out of or relating to the Services, the contract documents or the project shall be decided by arbitration in accordance with the Construction Industry Arbitration Rules of the American Arbitration Association then in effect. The award shall be enforceable in any court of competent jurisdiction. The arbitration locale shall be St. Louis, Missouri, unless Foresight requests that the locale be the project site.

Appears in 1 contract

Samples: Service Agreement

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