Introduction

(This paper is available in English and Spanish - combined in the same document) The use of Dispute Boards (DBs) as a variant of the conventional alternative dispute resolution mechanisms of mediation and arbitration is increasing in prevalence in Latin America. This is in response to the criticism that arbitration has adopted the selfsame qualities of judicial disputes that it was created to avoid, becoming very cost- and time-inefficient. The shortcomings of arbitration are especially apparent in construction projects, particularly large-scale ...