Texas Administrative Code
Title 7 - BANKING AND SECURITIES
Part 1 - FINANCE COMMISSION OF TEXAS
Chapter 10 - CONTRACT PROCEDURES
Subchapter A - NEGOTIATION AND MEDIATION
Section 10.9 - Conduct of Negotiation

Universal Citation: 7 TX Admin Code ยง 10.9

Current through Reg. 49, No. 38; September 20, 2024

(a) Negotiation is a consensual bargaining process in which the parties attempt to resolve a claim and counterclaim. A negotiation under this subchapter may be conducted by any method, technique, or procedure authorized under the contract or agreed upon by the parties. The parties may conduct negotiations with the assistance of one or more neutral third parties. The parties may choose to mediate their dispute in accordance with §§ RSA 10.14- RSA 10.21 of this subchapter.

(b) To facilitate meaningful evaluation and negotiation of the claims and any counterclaims, the parties may exchange relevant documents that support their respective claims, defenses, counterclaims or positions.

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