Other Transaction Agreements (OTAs): What You Need To Know | October 22, 2024 @ 1PM-4PM

There has been a significant growth in federal agencies’ use of Other Transaction Agreements (OTAs). These are valid U.S. Government contracts but, because of special statutory authority, are not subject to the Federal Acquisition Regulation (FAR). Not every federal agency has authority to use this special contracting method and not every federal agency has the same scope of authority for contracting. This course will provide an overview of OTAs, a description of the scope of agencies’ authority to use this special contracting method, and what vendors can expect in the solicitation, negotiation, and award of an OTA contract.