[Code of Federal Regulations] [Title 14, Volume 5] [Revised as of January 1, 2008] From the U.S. Government Printing Office via GPO Access [CITE: 14CFR1209.303] [Page 71] TITLE 14--AERONAUTICS AND SPACE SPACE ADMINISTRATION PART 1209_BOARDS AND COMMITTEES--Table of Contents Subpart 3_Contract Adjustment Board Sec. 1209.303 Functions of Board. (a) The Board is authorized to act for and exercise the authority of the Administrator in cases involving request by NASA contractors for extraordinary contractual adjustments under the Act. Such authority will be exercised in accordance with the standards and procedures established by the Administrator, subject to such limitations as the Administrator may prescribe. (b) The Board shall have the power to approve, authorize or direct any action, including the modification or release of any obligations, and to make determinations and findings which are necessary or appropriate for the conduct of its functions, and may adopt such rules of procedure as it considers desirable. (c) The concurring vote of a majority of the total Board membership shall constitute an action of the Board. Decisions of the Board shall be final but the Board may reconsider and modify, correct or reverse any Board decision previously made.