SECTION 456.11. 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 agency who have authority to bind each respective party.
(c) A partial settlement does not waive a party's rights under the Government Code, Chapter 2260, as to the parts of the claim or counterclaim that are not resolved.

Source Note: The provisions of this §456.11 adopted to be effective June 5, 2008, 33 TexReg 4344

                    
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