(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.
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