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                              1.1 The Respondent has claimed for cost of repair of defects in the physical work done

               by the Claimant in an amount of THB 2,821,153.50. The Tribunal has considered the evidence submitted


               by  the  Respondent  in  support  of  its  counterclaim  and  that  of  the  Claimant  in  defense  of  the


               Respondent’s counterclaim. Therefore, the tribunal has, on a legal and contractual basis and considering

               that the Claimant must be held accountable for the quality of the work (or lack thereof) it has performed


               until the date of termination of the Subcontract, decided that the Claimant shall reimburse to the


               Respondent an amount of THB 2,821,153.50;

                              1.2 On the other items of costs, item of costs of hiring of other subcontractors, the


               expenses of construction aids, expenses of rental of crane, electricity costs, the administration and


               supervisory costs, as all these costs are for the remaining work, the Tribunal concluded that these cannot


               be claimed by the Respondent against the Claimant since the Parties have substituted a termination of

               the Subcontract for default in favour of a negotiated settlement that returned both Parties to their


               “pre-contract condition” under Art. 391 of the Thai Civil and Commercial Code.

                              1.3 As well the Respondent cannot claim liquidated damages against the Claimant, for


               the reasons stated in the preceding paragraph.


                              1.4 Consequently, after offsetting the amount awarded to the Respondent (i.e. THB


               2,821,153.50) as against the amount awarded to the Claimant (i.e. THB 20,758,076.25), the Tribunal

               awards an amount of THB 17,936,922.75 to be paid to the Claimant by the Respondent


                              1.5 The amount of the Final Award shall be paid by the Respondent to the Claimant


               within 30 days of the date of issuance of this Final Award, failing which interest at the rate of 7.5%
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