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

Source Note: The provisions of this §27.127 adopted to be effective February 22, 2001, 26 TexReg 1493; amended to be effective July 3, 2024, 49 TexReg 4768