The negotiating team for Prince George's County school teachers has agreed with the county on a tentative contract settlement and will present it to the union board of directors today, union president Toby Rich said yesterday.

If the directors of the Prince George's County Education Association vote to accept the settlement, it will be sent to the general membership for a ratification vote, Rich said.

Details of the proposed settlement between the 7,000 county teachers and the school board could not be learned yesterday.

Sources have said that the school board voted last week to offer the teachers a package of wage increases and benefits amounting to a 7.3 percent increase over the present contract, which expires June 30. The package reportedly included at least a 4.5 percent increase in wages and a health insurance plan that would allow teachers to pay only part of the cost for prescription drugs.

The cost of the new teachers' contract will be added to the $271 million budget the school board has already submitted to County Executive Lawrence J. Hogan. Last year's contract, which granted the teachers a 6 percent increase in wages, cost the board more than $10 million.