(As of 1st October 2023)

• Standard BICAM Arbitration Clause

  “Any dispute arising out of or in connection with this contract, including any question regarding its existence, validity or termination, shall be referred to and finally resolved by arbitration administered by the Borneo International Centre for Arbitration and Mediation (BICAM) in accordance with the BICAM Arbitration Rules for the time being in force, which rules are deemed to be incorporated by reference in this clause.

  The seat of the arbitration shall be ____.

  The Arbitral Tribunal shall consist of ____ arbitrator(s).**

  The language of the arbitration shall be ____.”

• Standard BICAM Mediation-Arbitration Clause

  “Any dispute arising out of or in connection with this contract, including any question regarding its existence, validity or termination, shall be resolved in accordance with the following dispute resolution procedure:

  • by the parties first referring the dispute to mediation administered by BICAM in accordance with the BICAM Mediation Rules in force as at the date of the request to mediate made by either or both parties; which Rules are deemed to be incorporated by reference in this clause; and
  • if the dispute is not resolved or settled within 3 months of the request to mediate under these Rules or is otherwise terminated without the dispute being resolved, the dispute shall be referred to and finally resolved by arbitration administered by BICAM in accordance with the BICAM Arbitration Rules in force as at the date of the reference to arbitration; which Rules are deemed to be incorporated by reference in this clause.

  The seat of the arbitration shall be ____.

  The Arbitral Tribunal shall consist of ____ arbitrator(s).**

  The language of the arbitration shall be ____.”

  **Parties shall have the option of having one or three arbitrator(s) form the Arbitral Tribunal to hear their dispute.

• Standard BICAM Expedited Arbitration Clause

  “Any dispute arising out of or in connection with this contract, including any question regarding its existence, validity or termination, shall be referred to and finally resolved by expedited arbitration administered by the Borneo International Centre for Arbitration and Mediation (BICAM) in accordance with the BICAM Arbitration Rules for the time being in force, which rules are deemed to be incorporated by reference in this clause.

  The parties agree that any expedited arbitration commenced pursuant to this clause shall be conducted in accordance with the Expedited Procedure of the BICAM Arbitration Rules.

  The seat of the expedited arbitration shall be ____.

  The Arbitral Tribunal shall consist of one arbitrator.

  The language of the expedited arbitration shall be ____.”