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TITLE 31NATURAL RESOURCES AND CONSERVATION
PART 10TEXAS WATER DEVELOPMENT BOARD
CHAPTER 380ALTERNATIVE DISPUTE RESOLUTION
SUBCHAPTER BNEGOTIATION OF CONTRACT DISPUTES
RULE §380.27Settlement Agreement

(a) A settlement agreement may resolve an entire claim and/or counterclaim or any designated and severable portion of a claim and/or counterclaim.

(b) To be enforceable, a settlement agreement must be in writing and signed by representatives of the contractor and the board who have authority to bind each respective party.

(c) A partial settlement does not waive the parties' rights under Texas Government Code, Chapter 2260, as to the parts of the claims or counterclaims that are not resolved.


Source Note: The provisions of this §380.27 adopted to be effective April 11, 2001, 26 TexReg 2746

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