The board of arbitration procedure is designed for
those wishing to minimize the cost and time associated with arbitration at first
instance and possible subsequent appeal. It is only available if it was
stipulated in the original contract, or subsequently agreed between the parties
to the dispute. There is no appeal against the award of a board of arbitration,
so in effect the parties are ensuring that they only need go through the
arbitration proceedings once to settle the dispute.
The appointment of the board and the entire
procedure are exactly the same as in the appeal procedure described above. The
procedure is initiated when the claimant sends the BCA secretary an outline of
the dispute, a copy of the contract, the request for appointment of a board of
arbitration, the requisite deposit and, if it is not already stated in the
contract, details of the agreement between the parties to have a board of
arbitration hear the dispute.