OTAs

An Other Transaction Agreement (OTA)

An Other Transaction Agreement (OTA) is an acquisition instrument which allows agencies to enter into transactions “other than” standard Government contracts, grants and cooperative agreements.

As an alternative to the complex Federal Acquisition Regulation (FAR), which may discourage small businesses and other non-traditional contractors from seeking to work with the Government, OTAs provide a commonsense, flexible and user-friendly way of linking buyers and sellers of advanced technologies through a rapid, efficient and cost-effective acquisition instrument. An OTA replaces nothing. It simply is an additional tool that Congress has authorized to help Government program managers accomplish their missions.

OTAs offer great flexibility in tailoring the terms to a particular project and the needs of the participants, achieving the best approach to fulfilling the Government’s technology needs. Projects can therefore be awarded more quickly and cost-efficiently and engage more small and large businesses, as well as academic institutions.

An Other Transaction Agreement (OTA) is a cost-effective and collaborative acquisition alternative to the FAR for members seeking to do business with the Federal Government, and for rapid acquisition across the DoD of innovative technologies in support of the Warfighter.

 

  • It is NOT a standard procurement contract, grant or cooperative agreement

  • It is NOT subject to many provisions of the Federal Acquisition Regulation (FAR)

  • Project awards CANNOT be protested

  • It is a legally binding instrument

  • It is similar to a commercial-sector contract

  • It is provided by 10 U.S.C. § 2371b: Authority of the Department of Defense to carry out certain prototype projects

What is an OTA?
For Government

TXC helps Government to identify, acquire and transition critical technology innovations to the Warfighter. Project awards made using TXC OTAs offer great flexibility in tailoring the terms to a particular project and the needs of the participants, achieving the best approach to fulfilling the Government’s technology needs.

Key Benefits:

 

  • Broadens the technology base by reaching innovators not readily available to the DoD

  • Projects under $50M generally can be competitively awarded within 90 days.

  • Seamless transition from prototype into production

  • Flexibility in crafting Intellectual Property provisions

  • Accepts all “colors” of funding

  • Government program managers retain total project-management control

  • Award processes can be tailored to meet programmatic needs

  • Project payments are made based on measurable milestone achievement

  • Project awards cannot be protested

  • Other agencies–including DHS, DOE and H/HS–can also use CMGs OTAs

For Business

TXC’s OTAs provide businesses with a simplified and expedited pathway for doing business with the Federal Government. Member companies are permitted to collaborate directly with their government customer to develop project requirements to best meet their needs.

Key Benefits:

 

  • Simplifies the path to doing business with federal government

  • Projects under $50M generally can be obligated and awarded within 90 days.

  • Open to large and small businesses and academic institutions

  • Seamless transition from prototype into production

  • Promotes public/private collaboration

  • Flexibility in crafting Intellectual Property provisions

  • Awards cannot be protested

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