[Code of Federal Regulations] [Title 48, Volume 1] [Revised as of October 1, 2003] From the U.S. Government Printing Office via GPO Access [CITE: 48CFR50] [Page 954] TITLE 48--FEDERAL ACQUISITION REGULATIONS SYSTEM CHAPTER 1--FEDERAL ACQUISITION REGULATION PART 50_EXTRAORDINARY CONTRACTUAL ACTIONS--Table of Contents Subpart 50.4_Residual Powers Sec. 50.402 General. (a) When approving or denying a proposal for the exercise of residual powers, the approving authority shall sign and date a Memorandum of Decision containing substantially the same information called for by 50.306. (b) Every contract entered into, amended, or modified under residual powers shall comply with the requirements of 50.307.