Current through Reg. 49, No. 52; December 27, 2024
Section 27.95 - Settlement Agreement(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 commission who have authority to bind each respective party.(c) A partial settlement does not waive a party's rights under the Texas Government Code, Chapter 2260, as to the parts of the claims or counterclaims that are not resolved.16 Tex. Admin. Code § 27.95
The provisions of this §27.95 adopted to be effective February 22, 2001, 26 TexReg 1493