[ CIAC RESOLUTION NO. 8-98, December 15, 1998 ]
AMENDMENT TO SECTIONS 11 AND 13, ARTICLE XIII OF THE CIAC RULES OF PROCEDURES GOVERNING CONSTRUCTION ARBITRATION
WHEREAS, the Commission passed CIAC Resolution No. 7-98 amending CIAC Resolution 2-96 to expand the coverage of subsidy to small claims:
NOW, THEREFORE, WE, THE UNDERSIGNED CIAC COMMISSIONERS, by virtue of the powers vested in us by law, do hereby amend Section 11, Article XIII of the CIAC Rules of Procedures Governing Construction Arbitration as follows:
ARTICLE XIII
"Section 11. Expenses and Deposits - Arbitration expenses shall include the filing fee; administrative charges, arbitrator's fee, fee and expenses of the expert, and others which may be imposed by the CIAC.
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to the above fees, deposit an amount equivalent to 1/10 of 1% of the amount claimed. Such deposit shall be treated as Claimant's initial payment of its share of the special assessment fee of 1/10 of 1% of the sum in dispute imposed under CIAC Resolution No. 2-96, as amended by CIAC Resolution 7-98
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Section 13. Small Claims - Cases where the sum in dispute is P1 Million or less may, upon request of either party, be categorized by CIAC as small claim for purposes of qualifying for assistance under the Arbitration Development Fund established by CIAC in Resolution 2-96, as amended by CIAC Resolution No. 7-98.
Administrative expenses and arbitrator's fees for small claims involving an amount of less than P100,000 shall be charged against the CIAC Arbitration Development Fund. Mediation or conciliation fees, prior to arbitration, shall also be charged against said fund. The fee to be charged for small claims of less than P100,000.00 shall be 1% of the claim.
Adopted: 15 Dec. 1998
(SGD.) JOSE U. JOVELLANOS
Chairman
(SGD.) LAMBERTO UN OCAMPO
Member
(SGD.) ALFREDO L. JUINIO, SR.
Member
NOW, THEREFORE, WE, THE UNDERSIGNED CIAC COMMISSIONERS, by virtue of the powers vested in us by law, do hereby amend Section 11, Article XIII of the CIAC Rules of Procedures Governing Construction Arbitration as follows:
"Section 11. Expenses and Deposits - Arbitration expenses shall include the filing fee; administrative charges, arbitrator's fee, fee and expenses of the expert, and others which may be imposed by the CIAC.
to the above fees, deposit an amount equivalent to 1/10 of 1% of the amount claimed. Such deposit shall be treated as Claimant's initial payment of its share of the special assessment fee of 1/10 of 1% of the sum in dispute imposed under CIAC Resolution No. 2-96, as amended by CIAC Resolution 7-98
Section 13. Small Claims - Cases where the sum in dispute is P1 Million or less may, upon request of either party, be categorized by CIAC as small claim for purposes of qualifying for assistance under the Arbitration Development Fund established by CIAC in Resolution 2-96, as amended by CIAC Resolution No. 7-98.
Administrative expenses and arbitrator's fees for small claims involving an amount of less than P100,000 shall be charged against the CIAC Arbitration Development Fund. Mediation or conciliation fees, prior to arbitration, shall also be charged against said fund. The fee to be charged for small claims of less than P100,000.00 shall be 1% of the claim.
Adopted: 15 Dec. 1998
Chairman
(SGD.) LAMBERTO UN OCAMPO
Member
(SGD.) ALFREDO L. JUINIO, SR.
Member