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Specimen EPC contract

Generic EPC

45 of 45 reviewed

Clause 17.5

Attempt amicable settlement for 30 days

The Parties must attempt to settle a dispute amicably for 30 days after a notice of dissatisfaction before starting arbitration.

Party who must act
Either party
Other party
Either party
Category
Dispute
Trigger type
Event
Period
30 calendar days, after the trigger
Time bar
No
Trigger event
Notice of dissatisfaction is given
Keys: C confirm, E edit, R reject

Clause 17.5

Amicable settlement

The Parties shall attempt to settle a dispute amicably for 30 days after a notice of dissatisfaction before starting arbitration.