Dispute Resolution in the Contracting Industry

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Vocabulary flashcards related to dispute resolution methods in the contracting industry.

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5 Terms

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Litigation

Approaching a Court of Law to resolve a conflict or disagreement.

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Arbitration

A consensual agreement where an arbitrator with expert knowledge is chosen to resolve disputes; commonly incorporated into the JBCC.

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Mediation

A consensual agreement where a neutral third party assists the parties in resolving a dispute without a judgment or ruling.

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Adjudication

A recent innovation supported by the JBCC, where an expert adjudicator uses their expertise to determine the dispute within a specific timeframe.

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Dispute (JBCC Definition)

A disagreement encompassing issues between the contractor and employer, their agents, or between a contractor and a sub-contractor.