Other Transaction Authority (OTA) rights were first granted to NASA in 1958 to increase innovation and speed of the space agency mission by providing an avenue for non-traditional contractors to participate in government contracting. Since then Congress has approved 11 agencies to utilize this authority. There has been a rapid increase in OTA usage since 2010 and the trend continues. It is an efficient, effective contracting methodology that appears to be outside the Federal Acquisition Regulations yet is ripe with landmines for clients.
In this program, attorney Marc Snyderman, former Chief Operating Officer and General Counsel of a mid-tier government contractor,
Excellent introduction to this area. Federal Acquisition Process is so complex. It is a great course to show that there are other options for doing business with the Federal Government. I will use materials and references to do further research about OTA.
Great presentation on a topic of government procurement that is not often discussed.
Very informative. I really appreciated the speaker's attention to background information as well as practical application.
I really loved the practical focus in this CLE.