Texas Administrative Code (Last Updated: March 27,2024) |
TITLE 34. PUBLIC FINANCE |
PART 1. COMPTROLLER OF PUBLIC ACCOUNTS |
CHAPTER 1. CENTRAL ADMINISTRATION |
SUBCHAPTER F. NEGOTIATION AND MEDIATION OF CONTRACT DISPUTES |
SECTION 1.372. 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) A settlement agreement must be in writing and signed by representatives of the contractor and the agency who have authority to bind each respective party. (c) A partial settlement does not waive either party's rights under Government Code, Chapter 2260, with respect to the parts of the claim or any counterclaim that are not resolved. Source Note: The provisions of this §1.372 adopted to be effective November 29, 2001, 26 TexReg 9631