Ill. Admin. Code tit. 56, § 110.120 - Decision and Award
a) Arbitrators are
required to render awards postmarked not later than thirty calendar days from
the date of closing the record as determined by the arbitrator, unless agreed
upon by the parties or specified by law. A failure to render timely awards
reflects upon the performance of an arbitrator and may lead to his removal from
the IAS Roster. (Reference Section
110.50(b)(4)(B)
b) The parties should inform the
IAS whenever a decision is delayed. The arbitrator shall notify the IAS if and
when the arbitrator
1) cannot schedule, hear
and determine issues promptly, or
2) learns a dispute has been settled by the
parties prior to the decision.
c) After an award has been submitted to the
parties, the arbitrator is required to submit a Fee and Award Statement showing
a breakdown of the fee and expense charges so that the IAS may be in a position
to review conformance with stated charges under Section
110.130. Filing the Statement
within fifteen (15) days after rendering an award is required of all
arbitrators. The Statements are not used for the purpose of compelling payment
of fees.
d) The IAS encourages the
publication of arbitration awards and actively will solicit such publications
in professional publications as well as publish and make available decisions
and awards by various means in the state. However, the IAS expects arbitrators
it has nominated or appointed not to give publicity on their own to awards they
issue. A statement is to be given to the parties at the Hearing regarding
professional publication and returned to the IAS along with a copy of the award
and decision and the Statement already mentioned.
Notes
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