Final Award

Final Award

WHEREAS
(1 ) By an agreement in writing made (date ) the Claimant agreed to construct a house for the Respondent on the terms set out in the agreement.
(2 ) The agreement provided for disputes to be referred to an arbitrator to be appointed by agreement or, failing agreement, by (appointing authority ).
(3 ) The parties appointed me, (arbitrator ), of (address ) by letter dated (date ) to act as sole arbitrator in the reference and I accepted such appointment by letter dated (date ).
(4 ) Formal pleadings having been exchanged, an oral hearing took place on (date ) at which the parties [and their legal advisers] appeared before me.
NOW I, (arbitrator ), having considered the written and oral submissions of the parties and the evidence presented to me in written and oral form, and for the reasons separately annexed to this award, award and direct as follows:
1. The Respondent shall pay to the Claimant the sum of N (Naira )... in full and final settlement of the Claimants claims arising out of the matters in dispute in this reference.
2. The Respondent shall pay the costs of the Claimant on a standard basis to be taxed in the Federal High Court3 if not agreed.
3. The Respondent shall pay my fees and expenses in the arbitration amounting to N (Naira )... including VAT.
Dated: (date )  
(signature of arbitrator )
(signature of witness )

 

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