[Code of Federal Regulations] [Title 48, Volume 6] [Revised as of October 1, 2003] From the U.S. Government Printing Office via GPO Access [CITE: 48CFR1604.703] [Page 122] TITLE 48--FEDERAL ACQUISITION REGULATIONS SYSTEM CHAPTER 16--OFFICE OF PERSONNEL MANAGEMENT FEDERAL EMPLOYEES HEALTH BENEFITS ACQUISITION REGULATION PART 1604--ADMINISTRATIVE MATTERS--Table of Contents Subpart 1604.7--Contractor Records Retention Sec. 1604.703 Policy. In view of the unique payment schedules of FEHBP contracts and the compelling need for records retention periods sufficient to protect the Government's interest, contractors shall be required to maintain records for periods determined in accordance with the provisions of FAR 4.703(b)(1).