Mediation Agreement
Mediation Agreement
A mediation agreement is a written contract between parties involved in a construction dispute, in which they agree to participate in a voluntary and confidential process to resolve their differences with the assistance of a neutral third-party mediator. The agreement typically outlines the scope and nature of the dispute, the roles and responsibilities of the parties and the mediator, the ground rules and procedures for the mediation process, and the desired outcomes or resolution. The purpose of a mediation agreement is to provide a structured and collaborative framework for the parties to communicate, negotiate, and explore mutually acceptable solutions to their dispute, without resorting to more adversarial and costly legal proceedings. Mediation is often used as an alternative dispute resolution method in construction projects, as it allows the parties to maintain control over the outcome, preserve their working relationships, and avoid the time, expense, and uncertainty of litigation. The mediation agreement is a legally binding document that sets the stage for a productive and successful mediation process.