SECTION 55.59. 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 the Department, or the Department's authorized representative, and a representative of the contractor who has authority to bind the contractor.
(c) A partial settlement does not waive a contractor's rights under Texas Government Code, Chapter 2260, as to the parts of the claim that are not resolved.

Source Note: The provisions of this §55.59 adopted to be effective July 1, 2009, 34 TexReg 4323

                    
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