The federal government's usage of Other Transaction Agreements (OTA) has exploded in the past 5 years leading to an unprecedented level. An OTA is a legal instrument used by the federal government to enter into Other Transactions (OTs) with industry and academia.
OTAs are not contracts, grants, or cooperative agreements, and there is no standard set of regulations or template for them. They are used to speed up research and development, prototype development, production, and other projects. OTAs help federal agencies access technology faster than the traditional FAR protocol, and enable the government to take advantage of emerging technology opportunities.
What makes OTA contracts different:
1) Not FAR Based
2) Managed Through Consortia
3) Benefit of Insight Into Opportunities BEFORE Release
4) Very Flexible
5) Rapid Acquisition
Recommended attending personnel:
- Government Contracting Officers
- Contractors with Current Contracts
- Businesses that want to win direct federal contracts
- Business development
- Proposal writers
- Contract managers
- Industry Contract officers
Important: This briefing uses a Zoom-based communication connection via your network. This briefing will be accessible via phone if you are unable to connect online and recorded versions will be distributed with closed-caption for the hearing impaired. Instructions for login will be provided upon registration.
1 speaker on this recording.
