S. J. VAZIFDAR, J.

( 1 ) THESE Appeals are filed against the orders and judgments of a learned single Judge dismissing the appellants" Petition under Section 34 of the arbitration and Conciliation Act, 1996 (for short "the said Act") for setting aside the award of the learned sole Arbitrator. The learned counsel stated that the decision in Appeal (Lodging) No. 993 of 2003 will govern the decision in Appeal (Lodging) No/994 of 2003. We shall for convenience refer to the fact's in the former Appeal.

( 2 ) THE Appellants invited tenders for certain construction work. The Respondent was the successful tenderer. The Appellants therefore, accepted the respondent's tender by a letter dated 29th November, 1997. The agreement was governed by the terms and conditions contained in the said letter and other documents such as the General Conditions of Contract for Lump Sum Contracts, Special Conditions of contract, Particular Specifications,. Drawing and MES standard Schedule Of Rates. The contract was signed between the parties on 4th February, 1999. Disputes and differences having arisen between the parties the respondent invoked the arbitration clause. The respondent claimed an amou