Cancellation Fees

In any case where a party notifies the adjudicator in writing that a scheduled conference or inspection is to be vacated, whether or not the dispute between the parties has been settled, or the conference or inspection is adjourned by agreement, or the adjudication claim is withdrawn or terminated, or the dispute between the parties is resolved, and the notice is received by the adjudicator during ordinary business hours between ten and six working days from and including the date of the scheduled conference or inspection, the Tribunal will charge a cancellation fee in the amount of 50% of the Adjudicator’s daily charges for the scheduled attendances.

If such notice is received five working days or less from and including the date of the scheduled conference or inspection, the Tribunal will charge a cancellation fee in the amount of 75% of the adjudicator’s daily charges for the scheduled attendances.

If an adjudication claim is withdrawn or terminated, or the dispute between the parties is resolved, the adjudicator is entitled to be paid the fees and expenses incurred in the adjudication up to and including the date on which the adjudicator was notified that the adjudication claim was withdrawn or terminated.

The balance of any security monies will be refunded to the parties in the proportions in which the payment has been made unless the parties agree otherwise and instruct the Tribunal accordingly in writing within two working days of notice of settlement or withdrawal of the claim.

If the amount paid as security is less than the adjudicator’s fees and expenses, the parties will be jointly and severally liable to pay the outstanding amount within two working days of receipt of notification by the Tribunal of such additional fees and expenses.
 

An Authorised Nominating Authority
under section 65 of the Construction Contracts Act 2002