What is an OTA?
An “Other Transaction Agreement” or “Other Transaction Authority” (OTA) is a streamlined vehicle that brings innovative research findings and state-of-the-art prototypes from industry to the Federal Government. An OTA relieves some of the contractual burdens typically placed on contractors working for federal clients, making it possible for non-traditional contractors – small and emerging companies – to participate in technology development.
The Other Transaction (OT) consortium model is an “enterprise partnership” between the government and technology providers in a specific domain. The OT consortium model relieves some of the contractual burdens typically placed on contractors working for federal clients.
Why does the government use OTAs?
The OT authority consortium enterprise is good government in action—the competition it promotes between large, traditional R&D providers, academic institutions, and small and nontraditional suppliers drives innovation across the entire US economy.
Government Supported Pathway
- Single point of entry to innovative organizations
- Consortia average 80% new, emerging innovations
- Elimination of barriers normally encountered under the traditional contracting process (FAR)
- Rapid solution delivery through streamlined contract execution
- Alignment of requirements through collaboration that delivers tailored solutions
- Flexible, industry tailed competition and contract terms