SCC: ๐ŸŒŸย ๐‡๐จ๐ฐ ๐‚๐š๐ง ๐€๐ซ๐›๐ข๐ญ๐ซ...

Published on April 2, 2025
๐ŸŒŸ ๐‡๐จ๐ฐ ๐‚๐š๐ง ๐€๐ซ๐›๐ข๐ญ๐ซ๐š๐ญ๐ข๐จ๐ง ๐„๐ง๐ฌ๐ฎ๐ซ๐ž ๐๐ฎ๐ข๐œ๐ค๐ž๐ซ ๐‘๐ž๐ฌ๐จ๐ฅ๐ฎ๐ญ๐ข๐จ๐ง ๐จ๐Ÿ ๐๐ฎ๐›๐ฅ๐ข๐œ ๐๐ซ๐จ๐œ๐ฎ๐ซ๐ž๐ฆ๐ž๐ง๐ญ ๐ƒ๐ข๐ฌ๐ฉ๐ฎ๐ญ๐ž๐ฌ? ๐ŸŒŸ On 28 March 2025, the SCC Arbitration Institute hosted an insightful roundtable discussing how arbitration can ensure quicker resolution of public procurement disputes. Key benefits of arbitration highlighted during the discussion were: ๐Œ๐จ๐ซ๐ž ๐Ÿ๐จ๐ซ๐ž๐ฌ๐ž๐ž๐š๐›๐ฅ๐ž ๐š๐ง๐ ๐ž๐Ÿ๐Ÿ๐ข๐œ๐ข๐ž๐ง๐ญ: You receive a timetable immediately. ๐’๐ž๐ฅ๐ž๐œ๐ญ๐ข๐จ๐ง ๐จ๐Ÿ ๐ฌ๐ฉ๐ž๐œ๐ข๐š๐ฅ๐ข๐ฌ๐ž๐ ๐š๐ซ๐›๐ข๐ญ๐ซ๐š๐ญ๐จ๐ซ๐ฌ: Specific competence for the individual dispute. ๐ˆ๐ง๐ญ๐ž๐ซ๐ง๐š๐ญ๐ข๐จ๐ง๐š๐ฅ๐ฅ๐ฒ ๐ซ๐ž๐ง๐จ๐ฐ๐ง๐ž๐: Enforcement is possible abroad. Arbitration should especially be considered in high-stake projects, particularly in construction cases. SCC's Madeleine Thรถrn shared that "it is clear from the report that a significant amount of time - and thereby costs - can be saved by choosing arbitration. Confidentiality is in the hands of the parties and therefore, if no confidentiality agreement exists between the parties, the parties are free to share all the information about the arbitration in orderโ€ฆ