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Procurement Acronyms

ADR (Alternative Dispute Resolution)

ADR (Alternative Dispute Resolution)

ADR (Alternative Dispute Resolution)

The term Alternative Dispute Resolution (ADR) is a broad label used to refer to various methods of dispute resolution outside of the traditional court system. In a procurement context, ADR refers to negotiations between two parties that aim to resolve conflicts before they escalate into legal disputes. ADR involves using professional negotiators and other trained third-parties who help both sides come to an agreement by exploring various potential solutions and outcomes. The goal of ADR is to facilitate collaboration and preserve relationships between the disputing parties while simultaneously providing quick and cost-effective solutions to their disputes.

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