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Similar in some ways to a judgment from a court, an arbitration award decides how the dispute will be resolved. The arbitrator will write the award and the AAA® will send that to the parties once it is ready.In a three-arbitrator panel, an award is based on the vote of a majority of the arbitrators; a unanimous decision is not required. This award can be money one party has to pay to the other party. The award is the determination on the merits (i.e. UNCITRAL awards are final and binding on the parties. Fee Arbitration, promptly and before completing this form. Arbitration Providers Offer Merits-Based Review of Awards. ICC Arbitration assures the best quality of service. (2) "Arbitrator" means an individual appointed to render an award, alone or with others, in a controversy that is subject to an agreement to arbitrate.