SECTION 27.95. 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 must 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 does not waive a party's rights under the Texas Government Code, Chapter 2260, as to the parts of the claims or counterclaims that are not resolved.

Source Note: The provisions of this §27.95 adopted to be effective February 22, 2001, 26 TexReg 1493

                    
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