If there is one term that has punctuated government contracting in 2018, it is “OTA.”
The use of OTAs or “other transaction authority” agreements has grown significantly in the federal government over the last year, due to this contract vehicle’s ability to help federal agencies rapidly incorporate new technologies required to ensure the success of today’s complex missions.
Although this style of contract is not new to the federal contracting community (in fact, it was brought onto the scene in the 1950s to aid NASA in the space race), we can expect to see additional use of OTAs to gain access to groundbreaking technologies faster and more efficiently in 2019.
There are three things you can expect to see from OTAs in the next year and beyond.
Keep reading this article at: https://www.nextgov.com/ideas/2018/12/what-expect-other-transaction-authorities-2019/153713/
