Other Transaction Authorities (OTA) were created to provide selected agencies the flexibility necessary to adopt and incorporate business practices reflecting commercial industry standards and best practices into its award instruments. OTA allows for rapid procurement from non-traditional contractors without FAR-based competition.
Tag: OTA
OTA Offers Big Benefits…If You Know How to Use It
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Read MoreOther Transaction Authorities (OTA) were created to provide selected agencies the flexibility necessary to adopt and incorporate business practices reflecting commercial industry standards and best practices into its award instruments. OTA allows for rapid procurement from non-traditional contractors without FAR-based competition.