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TITLE 34PUBLIC FINANCE
PART 1COMPTROLLER OF PUBLIC ACCOUNTS
CHAPTER 1CENTRAL ADMINISTRATION
SUBCHAPTER FNEGOTIATION AND MEDIATION OF CONTRACT DISPUTES
RULE §1.372Settlement Agreement
(a) A settlement agreement may resolve an entire claim or any designated and severable portion of a claim.

(b) A settlement agreement must be in writing and signed by representatives of the contractor and the agency who have authority to bind each respective party.

(c) A partial settlement does not waive either party's rights under Government Code, Chapter 2260, with respect to the parts of the claim or any counterclaim that are not resolved.

Source Note: The provisions of this §1.372 adopted to be effective November 29, 2001, 26 TexReg 9631

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