Alternative dispute resolution clauses are common in construction contracts. Often, these clauses require arbitration under the American Arbitration Association’s (“AAA”) Construction Industry Arbitration Rules (the “Construction Rules”). It is, therefore, important for those in the industry to know that the Construction Rules have undergone significant revisions, which became effective on July 1, 2015.
The rule changes are intended to make arbitration more efficient and economical. The following are some of the highlights: