![]() ![]() Flexibility: One of the primary benefits of OTA contracts is their flexibility, enabling agencies to tailor agreements to meet their specific needs. ![]() ![]() In recent years, Congress has continued to expand the use of OTAs to other federal agencies, such as the Department of Homeland Security and the Department of Energy. Over the years, this authority was extended to other government agencies, including the Department of Defense (DoD) through the 1989 National Defense Authorization Act. The inception of OTA contracts can be traced back to the National Aeronautics and Space Act of 1958, which endowed the National Aeronautics and Space Administration (NASA) with the authority to establish agreements with private entities for research and development purposes. This essay will explore the history of OTA contracts, discuss the advantages and disadvantages compared to traditional government contracting methods, and present best practices for employing OTA contracts in R&D projects. These contracts have provided agencies with increased flexibility and speed in procurement, while also attracting non-traditional partners. Other Transaction Authority (OTA) contracts have emerged as an innovative mechanism for funding research and development (R&D) projects in the government sector. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |