What is the time frame for filing a request to vacate or modify an arbitral award?

The time frame for filing a request to vacate or modify an arbitral award is indeed 90 days. This is governed by the Federal Arbitration Act (FAA), which specifies that a party seeking to challenge an arbitral award must do so within this 90-day period. This time limit is critical because it establishes a clear deadline for parties to contest an award, ensuring finality and promoting the integrity of the arbitration process.

Understanding the time frame is essential because missing the deadline can forfeit a party's right to seek modification or vacatur of the award, leaving them bound by the arbitrator's decision. In contrast, the shorter or longer intervals presented in the other options do not align with the guidelines set by the FAA, further emphasizing the importance of adhering to the 90-day rule.