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The SIAC Expedited Procedure
A strategic business choice ensuring a more efficient and simplified arbitration route

 The new model clause is used where parties agree at the time of making their contract that their disputes regardless of the amount in dispute will be managed by SIAC under this procedure.

Why the ‘Expedited Procedure’ is a must-have clause in your contract.
  • FAST. Allows for a complete arbitration to take place in a time period of 6 months from the appointment of arbitration tribunal. Many cases may take between 9- 18 months to proceed to a full hearing.
  • COMPREHENSIVE. A complete arbitration with full hearing as opposed to documents-only.
  • FLEXIBLE. If the dispute in question is not suitable to be resolved in 6 months, the Chairman of SIAC retains the discretion not to apply the procedure.


Incorporating the ‘
Expedited Procedure’ in your Contract ensures:

  • Optimal efficiency and time saving
  • Significant reduction in arbitration and legal costs 
  • Potential mitigation of loss for both parties  
  • Simplicity and a less complex process
  • Arbitration in accordance with the expedited procedure regardless of the amount in dispute subject only to the SIAC Chairman’s discretion where such procedure is not appropriate

 

EXPEDITED PROCEDURE MODEL 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 in Singapore in accordance with the Arbitration Rules of the Singapore International Arbitration Centre ("SIAC Rules") for the time being in force, which rules are deemed to be incorporated by reference in this clause.

The parties agree that any arbitration commenced pursuant to this clause shall be conducted in accordance with the Expedited Procedure set out in Rule 5.2 of the SIAC Rules.

The Tribunal shall consist of one arbitrator.

The language of the arbitration shall be -------------.

 

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