C.__Offers to compromise and settle the claim by a combination of repairs and monetary payment and includes a detailed description of the proposed repairs and a timetable for the completion of such repairs and making payment; or

D.__Disputes the claim and states that the contractor will not remedy the defect or compromise and settle the claim.

5.__Contractor's rejection of claim; failure to respond or remedy. If a claimant receives a written statement that the contractor will not proceed further to remedy the defect pursuant to subsection 2, paragraph E or subsection 4, paragraph D or the contractor does not respond to the claimant's notice of claim within the time required by subsection 2, the claimant may bring an action against the contractor for the claim described in the notice of claim without further notice except as otherwise provided by this Title.

6.__Claimant's acceptance of offer; failure to respond or remedy.__If a claimant accepts a contractor's offer made pursuant to subsection 2, paragraph A, B or C or subsection 4, paragraph A, B or C and the contractor does not make the monetary payment or remedy the construction defect within the agreed timetable, the claimant may bring an action against the contractor for the claim described in the notice of claim without further notice except as otherwise provided by this Title and file the contractor's offer and claimant's acceptance, which creates a rebuttable presumption that a binding and valid settlement agreement was created.

7.__Claimant's rejection of offer.__If the claimant rejects an offer made by a contractor pursuant to subsection 2 or 4 to remedy a construction defect or to settle a claim by monetary payment or a combination of both, the claimant may serve written notice of the claimant's rejection on the contractor. The notice must include the known specific factual and legal reasons for the claimant's rejection of the contractor's offer.

8.__Supplemental offer.__Upon receipt of a claimant's rejection and the reasons for the rejection under subsection 7, the contractor may, within 15 days of receiving the rejection, make a supplemental offer pursuant to subsection 2, paragraph A, B or C or subsection 4, paragraph A, B or C.

9.__Claimant's rejection of supplemental offer.__If the claimant rejects a supplemental offer made by the contractor pursuant to subsection 8, the claimant may serve written notice