Current through Reg. 49, No. 43; October 25, 2024
Section 3.70 - Settlement Agreement(a) The parties may, at any time during a negotiation or mediation conducted pursuant to this subchapter, reach a settlement agreement to resolve an entire claim or any designated and severable portion of a claim. A settlement agreement must identify any unresolved portion of the claim.(b) To be enforceable, a settlement agreement must be in writing and signed by representatives of the contractor and the Land Office authorized to bind each respective party.(c) A partial settlement does not waive a contractor's rights under Texas Government Code, Chapter 2260, as to unresolved parts of the claim.31 Tex. Admin. Code § 3.70
Adopted by Texas Register, Volume 44, Number 47, November 22, 2019, TexReg 7186, eff. 11/25/2019