(a) A final settlement agreement reached during, or as a result
of, mediation that resolves an entire claim and/or counterclaim or any designated
and severable portion of a claim and/or counterclaim shall be in writing and
signed by representatives of the contractor and the board who have authority
to bind each respective party.
(b) If the settlement agreement does not resolve all issues
raised by the claim and counterclaim, the agreement shall identify the issues
that are not resolved.
(c) A partial settlement does not waive a party's rights under
Texas Government Code, Chapter 2260, as to the parts of the claim or counterclaim
that are not resolved.
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