Other Transaction Authorities (OTAs) have garnered significant attention recently because they help our government acquire innovative technologies much faster than typical Federal Acquisition Regulations (FAR)-based acquisitions, which can take years to complete.
Some have called OTAs the “cool new thing” in acquisition — words you wouldn’t normally hear when talking about federal contracting.
So, what are OTAs? And more importantly, why should agencies make these agreements part of their procurement process?
Keep reading this article at: https://federalnewsnetwork.com/commentary/2018/12/how-ota-collaborations-are-streamlining-government-acquisitions/