Mo. Code Regs. tit. 7 § 10-26.010
Current through Register Vol. 49, No.12, June 17, 2024
Section 7 CSR 10-26.010 - Arbitration Method and Selection of Arbitrator in Arbitration ProceedingPURPOSE: This proposed amendment changes the title of the rule.
(1) Claims arbitrable under section 226.096, RSMo, that exceed twenty-five thousand dollars ($25,000) but do not exceed seventy-five thousand dollars ($75,000) shall by arbitrated by one (1) arbitrator using "Fast Track Procedures" available under said section 226.096, RSMo.(2) Claims arbitrable under section 226.096, RSMo, that exceed seventy-five thousand dollars ($75,000) shall be arbitrated by one (1) arbitrator using "Regular Track Procedures" available under said section 226.096, RSMo. The monetary cap on claims eligible for arbitration established and required to be annually adjusted pursuant to section 226.096, RSMo, shall be published by an In Addition notice in the Missouri Register.(3) The arbitrator shall be selected according to the procedures provided by the American Arbitration Association's Construction Industry Arbitration Rules and Mediation Procedures, except as otherwise provided in this rule.(A) Arbitrators shall be registered professional engineers for at least fifteen (15) years or shall be a construction industry professional with a minimum of fifteen (15) years experience in construction.(B) After filing of the submission or the answering statement or the expiration of the time within which the answering statement is to be filed, the American Arbitration Association shall send each party in the dispute an identical copy of a specially prepared list of proposed arbitrators to resolve the controversy.(C) The parties will be allowed fifteen (15) days to examine the list, strike names to which they object, number the remaining names in the order of preference, and return the list to the American Arbitration Association.(D) The lists will be returned to the American Arbitration Association by the two (2) parties. From among the persons who have been approved on both lists, and in accordance with the designated order of mutual preference, the American Arbitration Association shall invite the acceptance of an arbitrator to serve. If the parties fail to agree on any of the persons named, or if acceptable arbitrators are unable to act, or if for any other reason the appointment cannot be made from the submitted lists, the American Arbitration Association shall have the power to make the appointment from among other members of the National Roster without the submission of additional lists. In no case shall an arbitrator be appointed who was struck from the original lists by either party.(E) Arbitrators appointed by American Arbitration Association under this provision will meet the qualifications of subsection (3)(A). AUTHORITY: sections 226.096, RSMo Supp. 2005 and 226.130 and 536.016, RSMo 2000.* Original rule filed Nov. 5, 2003, effective June 30, 2004. Amended: Filed Jan. 12, 2006, effective Aug. 30, 2006. Amended by Missouri Register June 15, 2017/Volume 42, Number 12, effective 7/31/2017*Original authority: 226.096, RSMo 2003; 226.130, RSMo 1939, amended 1993, 1995; and 536.016, RSMo 1997, amended 1999.