Texas Administrative Code (Last Updated: March 27,2024) |
TITLE 1. ADMINISTRATION |
PART 3. OFFICE OF THE ATTORNEY GENERAL |
CHAPTER 68. NEGOTIATION AND MEDIATION OF CERTAIN CONTRACT DISPUTES |
SUBCHAPTER B. NEGOTIATION OF CONTRACT DISPUTES |
SECTION 68.33. 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 unit of state government who have authority to bind each respective party. (c) A partial settlement does not waive a contractor's rights under the Government Code, Chapter 2260, as to the parts of the claim that are not resolved. Source Note: The provisions of this §68.33 adopted to be effective May 31, 2000, 25 TexReg 4719