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TITLE 16ECONOMIC REGULATION
PART 1RAILROAD COMMISSION OF TEXAS
CHAPTER 20ADMINISTRATION
SUBCHAPTER ACONTRACTS AND PURCHASES
DIVISION 2RESOLUTION OF CONTRACT CLAIMS
RULE §20.67Final Settlement Agreement

(a) Representatives of the contractor and the Commission who have authority to bind each respective party shall sign a written 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.

(b) If the parties do not resolve all issues raised by the claim and counterclaim, the agreement shall identify the issues that are not resolved.

(c) A partial settlement shall not waive a party's rights under Texas Government Code, Chapter 2260, as to the parts of the claim that are not resolved.


Source Note: The provisions of this §20.67 adopted to be effective February 12, 2004, 29 TexReg 1196

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