What is the Alternative Dispute Resolution (ADR) Process?
Alternative Dispute Resolution (ADR) is a process used to resolve conflicts or disputes in the construction industry without resorting to traditional litigation or arbitration. ADR methods are often less time-consuming and costly than traditional methods and can help to maintain relationships between the parties involved.
There are several types of ADR methods commonly used in the construction industry, including mediation, conciliation, ombudsmen, trade association conciliation, mini trials, and private trials. These methods are typically confidential and involve the use of a neutral third party, such as a mediator or arbitrator, to facilitate the resolution of the dispute.
While ADR methods are not binding, they offer a less formal and less costly alternative to traditional methods of dispute resolution. However, if either party is not satisfied with the resolution reached through ADR, they may choose to pursue litigation or arbitration.
In future posts, we will delve into each of these ADR methods in greater detail, as well as exploring traditional methods of dispute resolution such as arbitration and litigation. We welcome your thoughts and comments on this topic, as they will help us to improve our articles and better serve our readers.