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TITLE 16ECONOMIC REGULATION
PART 2PUBLIC UTILITY COMMISSION OF TEXAS
CHAPTER 27RULES FOR ADMINISTRATIVE SERVICES
SUBCHAPTER CNEGOTIATION AND MEDIATION OF CERTAIN CONTRACT DISPUTES
DIVISION 2NEGOTIATION OF CONTRACT DISPUTES
RULE §27.95Settlement 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.

Source Note: The provisions of this §27.95 adopted to be effective February 22, 2001, 26 TexReg 1493

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