(a)
Either party to arbitration under this chapter may file with the Authority an exception to any arbitrator’s award pursuant to the arbitration (other than an award relating to a matter described in section
7121
(f) of this title). If upon review the Authority finds that the award is deficient—
(1)
because it is contrary to any law, rule, or regulation; or
(2)
on other grounds similar to those applied by Federal courts in private sector labor-management relations;
the Authority may take such action and make such recommendations concerning the award as it considers necessary, consistent with applicable laws, rules, or regulations.