The Fast Track Documents Only (FTDO) procedure replaced the Fixed Cost Arbitration Procedure (FCAP) from 1 June 2024.
Full details of the FTDO and the Capped (Maximum Recoverable) Fees and Costs can be found in the Forms and Documents section under Lloyd’s Salvage Arbitration Clauses 2024 (Clauses 8, 9 and 11) and Fast Track Documents Only.