The Spanish Arbitration Act of 2003 in line with the approach of the
Uncitral Model Law on International Commercial Arbitration is very succinct in its
regulation of the content of the award. The provisions of the Act are limited to the
essential requirements of the award. This study carries out a profound and
systematic analysis of the arbitral award and its variants (partial awards,
definitive awards and final and conclusive award). The study also details the
problems raised by awards adopted after an agreement between parties. Special
attention is paid to issues such as the motivation, dates, place, costs, signatures and diverging opinions in the awards. Additionally, the study covers some requirements
not demanded by the Arbitration Act.