16 Tex. Admin. Code § 27.127 - Final Settlement Agreement
(a) A final
settlement agreement reached during or as a result of mediation that resolves
an entire claim or any designated and severable portion of a claim must be:
(1) in writing; and
(2) signed by representatives of the
contractor and the commission who have authority to bind each respective
party.
(b) If the
settlement agreement does not resolve all issues raised by each claim and, as
applicable, each counterclaim, the agreement must identify each issue that is
not resolved.
(c) A partial
settlement does not waive a contractor's rights under the Texas Government
Code, Chapter 2260, as to the parts of the claim that are not
resolved.
Notes
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