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This seminar will discuss what the Dispute Boards are. Dispute Review Board (DRB) is commonly used in the North America. Dispute Adjudication Board (DAB) is mandatory in FIDIC 1999 edition and in the Harmonized Conditions of Contract adopted in 2005 by the World Bank, Multilateral Development Banks and International Funding Institutions. The International Chamber of Commerce (ICC) introduced Combined Dispute Board (CDB) Rules in 2004. The speaker will discuss what the benefits of DB are; what the differences are among different types of DBs; what qualifications are required as a Dispute Board Member; how the DB Member should behave etc. The speaker also discusses the differences between the DAB in the Red Book and the DAB in the Yellow/Silver Book.
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