US lawFederal (United States)RegulationsTitle 48 CFR — Federal Acquisition Regulations SystemChapter 29 — DEPARTMENT OF LABORPart 2903 — IMPROPER BUSINESS PRACTICES AND PERSONAL CONFLICTS OF INTERESTSubpart 2903.7—Voiding and Rescinding Contracts2903.70348 C.F.R. § 2903.703Authority.Last amended: 2024Year: 2026Length: 18 wordsOfficial source Cite as 48 C.F.R. § 2903.703 (2026)Pursuant to FAR 3.703 and 3.705(b), the authority to void or rescind contracts is delegated to the SPE.