ABSTRACT

This chapter deals with the drafting of an award and examines what should go into an award and how the award might be structured. It discusses how the tribunal might decide the incidence of costs as well as how the tribunal can quantify those costs. The chapter considers what the tribunal can and should do about its own costs. A tribunal might make an order or direction, issue a decision or determination, hand down a ruling, or publish an award. The chapter focuses on drafting as a partial final award, following the substantive hearing of an international commercial arbitration. A tribunal is being paid to take professional responsibility. The tribunal's job is to produce an award that is confined to what is relevant towards determining the real issues in dispute between the parties. At some point, the tribunal will have to deal with the costs of the arbitration.