Regulations last checked for updates: May 23, 2025

Title 48 - Federal Acquisition Regulations System last revised: Oct 18, 2025
All TitlesTitle 48Chapter 5Part 503Subpart 503.7 - Subpart 503.7—Voiding and Rescinding Contracts
View all text of Subpart 503.7 [503.703 - 503.703]
503.703 - 503.703 Authority.

Pursuant to FAR 3.703 and 3.705(b), the authority to void or rescind contracts resides with the Senior Procurement Executive.

[74 FR 51512, Oct. 7, 2009]
authority: 40 U.S.C. 121(c)
source: 64 FR 37204, July 9, 1999, unless otherwise noted.
cite as: 48 CFR 503.703
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