<<Prev Rule

Texas Administrative Code

 Next Rule>>
TITLE 16ECONOMIC REGULATION
PART 4TEXAS DEPARTMENT OF LICENSING AND REGULATION
CHAPTER 55RULES FOR ADMINISTRATIVE SERVICES
SUBCHAPTER DNEGOTIATION OF CERTAIN CONTRACT DISPUTES
RULE §55.59Settlement 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 the Department, or the Department's authorized representative, and a representative of the contractor who has authority to bind the contractor.

(c) A partial settlement does not waive a contractor'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 §55.59 adopted to be effective July 1, 2009, 34 TexReg 4323

Link to Texas Secretary of State Home Page | link to Texas Register home page | link to Texas Administrative Code home page | link to Open Meetings home page