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48 CFR § 2903.703 - 2903.703 Authority.

---
identifier: "/us/cfr/t48/s2903.703"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "48 CFR § 2903.703 - 2903.703   Authority."
title_number: 48
title_name: "Federal Acquisition Regulations System"
section_number: "2903.703"
section_name: "2903.703   Authority."
chapter_number: 29
chapter_name: "DEPARTMENT OF LABOR"
subchapter_number: "A"
subchapter_name: "GENERAL"
part_number: "2903"
part_name: "IMPROPER BUSINESS PRACTICES AND PERSONAL CONFLICTS OF INTEREST"
positive_law: false
currency: "2026-03-24"
last_updated: "2026-03-24"
format_version: "1.1.0"
generator: "[email protected]"
authority: "5 U.S.C. 301; 40 U.S.C. 486(c)."
regulatory_source: "89 FR 66618, Aug. 16, 2024, unless otherwise noted."
cfr_part: "2903"
---

# 2903.703 2903.703   Authority.

Pursuant to FAR 3.703 and 3.705(b), the authority to void or rescind contracts is delegated to the SPE.