Saturday, June 7, 2025
  • Contact Us
  • About BBS
  • Privacy & Policy
ENG
DZO
BBSCL Logo
  • Home
  • Business
  • Politics
  • Sports
  • Education
  • More
    • Announcement
    • Audience Survey Report
    • Programme
    • Radio Dzo-Channel Schedule
    • Radio Mix-Channel Schedule
Radio Live
No Result
View All Result
BBSCL logo
  • Home
  • Business
  • Politics
  • Sports
  • Education
  • More
    • Announcement
    • Audience Survey Report
    • Programme
    • Radio Dzo-Channel Schedule
    • Radio Mix-Channel Schedule
No Result
View All Result
BBSCL logo
Radio LIVE

Arbitration is best option to resolve construction disputes: CDB

March 19, 2018
in Uncategorized
Reading Time: 2 mins read
0
0
SHARES
2
VIEWS
Share on FacebookShare on Twitter

The Construction Development Board (CDB) adopted alternative dispute resolution or out-of-court settlement for construction related disputes in 2014.

Since then the CDB has been playing a key role in settling conflicts arising between the involved parties. From 2015 till December last year, the CDB facilitated and resolved 43 cases, worth of Nu 1bn through arbitration- an alternative way to resolve disputes outside the court.

According to CDB officials, construction sector is regarded as one of the most conflict and dispute ridden industry, and said “traditionally parties involved would enter into often costly and lengthy litigation. So, arbitration has been effective in resolving construction disputes owing to its flexibility and fastness.”

Officials also said, parties involved in the dispute have the independence to choose their own arbitrators. “Arbitration is time bound and it is not formal like courtrooms, so parties can express whatever they have. Moreover, arbitration doesn’t take much time and it is cost effective,” said Yeshi Phuntsho, the Legal Officer of CDB.

Through arbitration, the government agencies recovered nearly Nu 120m from contractors involved in various cases from 2015-17.

Not wanting to become arbitrators

Considering the effectiveness of arbitration, the Construction Development Board conducts trainings to enhance arbitration and mediation skills of arbitrators. However, not many people want to be arbitrators and that is due to nominal fee.

“Government has to build the capacity of the arbitrators initially till a time that it becomes commercial and people can practice it. At present, people are reluctant to become arbitrators because the fee is very low. They get Nu 10000 for being arbitrators and that amount is very small,” said Mahendra Chhetri, who is an arbitrator.

He added: “Even to handle a simple case, it costs more than the fees of arbitrators. Short courses, trainings, and sensitisation must be widespread so that the arbitrator’s job becomes attractive.”

Today, there are 29 certified arbitrators in the country.

 

Previous Post

RTC wins gold, bronze medals at Mekong Business Challenge

Next Post

SungJab Technology, a crop protection system idea wins national start-up weekend

Next Post
SungJab Technology, a crop protection system idea wins national start-up weekend

SungJab Technology, a crop protection system idea wins national start-up weekend

Bhutanese working in Kuwait and their stories

Bhutanese working in Kuwait and their stories

RBA prosecutor requests High Court to uphold military court’s judgment on DeSuung case

RBA prosecutor requests High Court to uphold military court’s judgment on DeSuung case

Please login to join discussion

RECOMMENDED NEWS

Bhutanese athletes leave for Paralympics 2020

Bhutanese athletes leave for Paralympics 2020

4 years ago
0
Implicated immigration officials plea for alibi

Implicated immigration officials plea for alibi

10 years ago
3
Starting a project office under the PMO for electric train service works

Starting a project office under the PMO for electric train service works

5 years ago
1

Suspects arrested

13 years ago
1

BROWSE BY CATEGORIES

  • Accidents (14)
  • Agriculture (426)
  • Announcement (174)
  • Audience Survey Report (1)
  • Business (744)
  • Crime/Legal (367)
  • Culture (47)
  • Development (51)
  • Disaster (57)
  • Economy (277)
  • Education (412)
  • Entertainment (13)
  • Environment (60)
  • Feature (65)
  • Featured (6)
  • Festival (78)
  • GMC (14)
  • Headlines (6)
  • Health (622)
  • Legal (52)
  • Literature (9)
  • Livestock (75)
  • Media (25)
  • Other Stories (5,574)
  • Politics (419)
  • RCSC (1)
  • Recent stories (5)
  • Religion (45)
  • Sci/Tech (709)
  • Social (515)
  • Sports (449)
  • Technology (190)
  • Tourism (19)
  • Uncategorized (13,866)
  • Video (136)
  • Video Story (249)
  • Wildlife (42)

BROWSE BY TOPICS

Tender Announcement Vacancy Announcement

POPULAR NEWS

  • BPC’s investigation rules out transformer short circuit as Damchhu forest fire cause

    Viral video of Bhutanese man assaulted by locals and police in Jaigaon sparks safety concerns

    0 shares
    Share 0 Tweet 0
  • Gelephu Mindfulness City opens recruitment drive for Bhutanese professionals

    0 shares
    Share 0 Tweet 0
  • Newspaper accuses DPT candidate of political ploy

    0 shares
    Share 0 Tweet 0
  • A centenarian’s recipe to longevity

    0 shares
    Share 0 Tweet 0
  • 40 companies risk closure over failure to submit financial reports

    0 shares
    Share 0 Tweet 0
BBSCL

Bhutan Broadcasting Service (BBS) is Bhutan’s primary national broadcaster, delivering diverse news and entertainment in multiple languages, fostering cultural understanding and public knowledge.

Follow us on social media:

Recent News

  • RMA to roll out seven new measures for loan repayment support
  • National Housing Strategy to be ready by September
  • Bhutan begins NFT sales, to preserve heritage
  • City bus viability raised in parliament, MoIT minister cites past privatisation failures
  • Paro MP questions airport expansion impact on affected landowners

News Category

  • Accidents
  • Agriculture
  • Announcement
  • Audience Survey Report
  • Business
  • Crime/Legal
  • Culture
  • Development
  • Disaster
  • Economy
  • Education
  • Entertainment
  • Environment
  • Feature
  • Featured
  • Festival
  • GMC
  • Headlines
  • Health
  • Legal
  • Literature
  • Livestock
  • Media
  • Other Stories
  • Politics
  • RCSC
  • Recent stories
  • Religion
  • Sci/Tech
  • Social
  • Sports
  • Technology
  • Tourism
  • Uncategorized
  • Video
  • Video Story
  • Wildlife
  • Contact Us
  • About BBS
  • Privacy & Policy

© 2024 BBSCL. All rights reserved.

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • Business
  • Politics
  • Sports
  • Education
  • More
    • Announcement
    • Audience Survey Report
    • Programme
    • Radio Dzo-Channel Schedule
    • Radio Mix-Channel Schedule

© 2024 BBSCL. All rights reserved.