Examples of Dispute Adjudication Agreement in a sentence
Within 84 days after receiving such reference, or advance payment referred to in Clause 6 of the Appendix – General Condition of Dispute Adjudication Agreement, whichever date is latter, or within such other period as may be proposed by the DAB and approved by both Parties, the DAB shall give its decision, which shall be reasoned and shall state that it is given under this Sub-Clause.
The agreement between the Parties and either the sole member (“adjudicator”) or each of the three members shall incorporate by reference the General Conditions of Dispute Adjudication Agreement contained in the Appendix to these General Conditions, with such amendments as are agreed between them.
If the Member fails to comply with the Dispute Adjudication Agreement, the Employer and the Contractor may, without prejudice to their other rights, terminate it by notice to the Member.
If the Employer or the Contractor fails to comply with the Dispute Adjudication Agreement, the Member may, without prejudice to his other rights, terminate it by notice to the Employer and the Contractor.
No assignment or subcontracting of the Dispute Adjudication Agreement is permitted without the prior written agreement of all the parties to it and of the Other Members (if any).
The retainer fee shall be paid with effect from the last day of the calendar month in which the Dispute Adjudication Agreement becomes effective; until the last day of the calendar month in which the Taking-Over Certificate is issued for the whole of the Works.
This reduced fee shall be paid until the first day of the calendar month in which the Member resigns or the Dispute Adjudication Agreement is otherwise terminated.
It shall also include the Appendix in respect of General Conditions of Dispute Adjudication Agreement.
As a general rule, FIDIC contracts include the following clauses: (1) Contract Agreement; (2) Letter of Tender; (3) Letter of Acceptance; (4) Conditions of Contract; (5) Specification; (6) Drawings; (7) Schedules; (8) Dispute Adjudication Agreement.
The Dispute Adjudication Agreement shall take effect when the Principal, AsBo and the Adjudicator have respectively each signed a dispute adjudication Agreement.