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Other Transaction Authority In Government Contracting: An Alternative and Innovative Procurement Methodology
Produced on June 13, 2017
Course Information
Course Description
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,
Learning Objectives:
- Understand what OTA is and how it works
- Identify when OTA can be valuable
- Appreciate and avoid pitfalls clients can fall into
- Best practices for representing a nontraditional defense contractor
Credit Information
Faculty
Marc Snyderman
Marc I. Snyderman, Esq
For the past 20 years, Marc Snyderman has provided leadership on mission critical projects with a diverse range of organizations to improve performance and strengthen organizational effectiveness. His experience ranges from a corporate associate at Ballon, Stoll, Bader & Nadler, PC in New York City, to in house counsel positions in cable television at Insight Communications Company, Inc. as well as the roles of Chief Operating Officer and General Counsel of a mid-tier government contractor, Universal Technical Resource Services, Inc shepherding CAGR of 26% per year for 5 years straight.
Mr. Snyderman’s diverse background in legal and operational leadership positions, provides him a unique perspective on issues and leadership challenges. He currently runs his own law firm providing outside general counsel services to small and mid-sized companies. He also provides strategic advice on operations and growth and serves on the Board of Advisors of Hangtime Media as well as advising several non-profit boards.
He has been a speaker on various government contracting issues such as sequestration and taught continuing education courses in that area for the National Contract Management Association. He received certification in Daniel Pink’s Drive motivation theory and is an active blogger and social media expert in the fields of leadership, motivation and business strategy.
Further, Mr. Snyderman instituted and ran full day manager’s training sessions for the management team at the government contractor he served as a C-level executive for on topics ranging from management to compliance.
Marc holds a B.A. degree from Dickinson College, a J.D. from Rutgers School of Law and an Certificate of Executive Education in Business from Mendoza School of Business, University of Notre Dame. He is a member of the American Bar Association.
Reviews
Very good instructors. Good examples
Outstanding!
Good course on an interesting way to contract with the federal government.
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.
Thanks!
I really loved the practical focus in this CLE.