You are looking for a fast and discreet solution to settle a dispute with your business partner. Mediation meets your requirements, the advantages are:
• Customized;
• Low cost;
• Fast and discreet;
• Future oriented;
• Optimal involvement of the parties;
• Relationship building attitude;
• Confidential.
Mediation and contracting agreements
Contracts take a long time sometimes for years. Examples are shipbuilding, conversion and repair and contracting. During the course of the contract, variations or changes in the product are agreed which have financial consequences. Usually these variations or changes are agreed during the contract period and the contract is then adjusted.
However, it can happen that parties do not agree on a variation. This means that the client does not receive the desired change or the time schedule is not met, or if the contractor does implement the change he remains uncertain about the compensation.
In order not to frustrate the execution of the contract, it makes sense and is now customary to include a mediation clause in the contract in which the parties agree on a regular basis – using mediation – to resolve disputes. Should there still be disputes at the end of the contract, then a mediation clause also provides for a smooth, discrete and quick settlement.
Advice of Nexum CM is: Include a mediation clause in your contract!