Common use of Costs and Fees of Arbitration Clause in Contracts

Costs and Fees of Arbitration. A. Upon completion of the arbitration process, the arbiter will be requested to specify who “the loser” is. Arbitration expenses shall be paid by both parties at a rate of 50% each party. B. Expenses incurred such as professional services, consultants, witnesses, preparation of briefs, and data to be presented to the arbiter shall be borne by the party requesting said services.