The award must be made within five business days of
the arbitrators receiving copies of the transcript of the proceedings.
If the award is to be contested, an appeal must be
filed within two business days of receipt of the award on form D in triplicate,
duly signed, notarized and accompanied by the requisite fee. Five new
arbitrators are selected to hear the appeal. They can review only the original
documents and transcripts; no new evidence may be submitted. Their decision is
final. The appeal award must be made within five business days of the
arbitrators receiving the transcript of the hearings.
Settlement of the award must be within seven
calendar days of the date of receipt of the notice of the award by the