Article
UNCITRAL SPEDR Adjudication And The Construction Industry
The UNCITRAL Model Clauses on Specialised Express Dispute Resolution (SPEDR) introduce a framework for rapid, interim-binding dispute resolution in construction projects, combining expedited adjudication with compliance arbitration mechanisms. This analysis examines how SPEDR differs from traditional arbitration and FIDIC dispute boards, its potential to preserve cash flow and project continuity, and the practical considerations parties must weigh when implementing this emerging international framework.
Aceris Law