What are Dispute Boards
A Dispute Board (“DB”) is a standing body composed of one or three DB Members typically set up upon the signature or commencement of performance of a mid- or long-term contract, to help the parties avoid or overcome any disagreements or disputes that arise during the implementation of the contract
Commonly used in construction projects, DBs are also effective in other areas including research and development, intellectual property, production sharing and shareholder agreements. The ICC Dispute Board Rules consist of a comprehensive set of provisions for establishing and operating a DB. They cover such matters as the appointment of the dispute board member(s), the services they provide and the compensation they receive. Since their introduction in 2004, these Rules have been widely used throughout the world. In 2015 the Rules were revised to attune them to modern practice and requirements.