Abstract:
Most of the construction contracts include Adjudication or Arbitration clauses. The
construction industry needs a fast and cost effective means for dispute resolution. The
desirable features of Alternative Dispute Resolution (ADR) are being fast,
inexpensive uses, simplicity and flexibility. Arbitration Act No 11
different principles of UNCITRAL Model Law. . To accomplish the aim and
objectives of the research, a literature survey was conducted to find out available
literature. The questionnaire was used in a survey to gather primary data from the
people engaged in the construction industry. The analysis revealed the key success
factors that affect the decision in the selection of adjudication and arbitration in Sri
Lanka. The results of this study enable researchers to gain a better understanding on
the current adjudication and arbitration practice, and suggestions for the development
of adjudication and arbitration practice.