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Ekspertfastsættelse

Ekspertfastsættelse is a dispute resolution method in which the parties appoint a qualified independent expert to determine a specific issue or calculation under a contract. The expert’s determination is typically final and binding on the parties, unless the contract allows for limited appeal or judicial review.

Process and scope. The contract defines the issue, the standard or method of measurement, and the data

Common uses. Expert determinations are often used for technical or numerical questions where specialized expertise is

Binding nature and review. The typical aim is finality, with the contract specifying binding effect. Courts

Advantages and limitations. Benefits include speed, cost efficiency, technical accuracy, confidentiality, and finality. Limitations include limited

to
be
provided.
The
parties
nominate
the
expert
or
use
an
appointing
body,
agree
on
procedure,
and
set
a
timetable.
The
expert
reviews
submissions,
may
request
additional
information,
and
issues
a
written
determination.
In
many
cases
the
decision
is
enforceable
as
a
contract
award.
needed,
such
as
performance
measurements,
quality
compliance,
cost
adjustments,
valuation,
or
other
precise
computations
in
construction,
engineering,
energy,
insurance,
and
international
contracts.
generally
review
only
narrow
aspects,
such
as
jurisdiction,
procedural
fairness,
or
whether
the
expert
went
beyond
the
defined
scope,
rather
than
re-evaluating
the
merits.
avenues
for
appeal,
potential
concerns
about
independence
or
bias,
and
reliance
on
the
contract’s
scope
and
data
provided.
Drafting
should
specify
scope,
standards,
data
access,
confidentiality,
governing
law,
venue,
language,
timetable,
and
whether
the
outcome
is
binding
and
under
what
recourse.