SECTION 20.45. Settlement Agreement  


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  • (a) A settlement agreement may resolve an entire claim or any designated and severable portion of a claim.

    (b) To be enforceable, a settlement agreement shall be in writing and signed by representatives of the contractor and the Commission who have authority to bind each respective party.

    (c) A partial settlement shall not waive either party's rights under Texas Government Code, Chapter 2260, as to the parts of the claims or counterclaims that are not resolved.

Source Note: The provisions of this §20.45 adopted to be effective February 12, 2004, 29 TexReg 1196