Description

Book Synopsis
An "other transaction" (OT) is a special vehicle used by federal agencies for obtaining or advancing research and development (R&D) or prototypes. An OT is not a contract, grant or co-operative agreement, and there is no statutory or regulatory definition of "other transaction". Only those agencies that have been provided OT authority may engage in other transaction. Generally, the reason for OT authority is that the government needs to obtain leading edge R&D and prototypes from commercial sources, but some companies are unwilling or unable to comply with the government''s procurement regulations. This book examines the "other transaction authority" and its uses by the federal agencies.

Other Transaction Authority: Understanding &

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A Hardback by Tara M Morrison

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    View other formats and editions of Other Transaction Authority: Understanding & by Tara M Morrison

    Publisher: Nova Science Publishers Inc
    Publication Date: 11/02/2011
    ISBN13: 9781607415190, 978-1607415190
    ISBN10: 1607415194
    Also in:
    Science funding and policy Scientific research

    Description

    Book Synopsis
    An "other transaction" (OT) is a special vehicle used by federal agencies for obtaining or advancing research and development (R&D) or prototypes. An OT is not a contract, grant or co-operative agreement, and there is no statutory or regulatory definition of "other transaction". Only those agencies that have been provided OT authority may engage in other transaction. Generally, the reason for OT authority is that the government needs to obtain leading edge R&D and prototypes from commercial sources, but some companies are unwilling or unable to comply with the government''s procurement regulations. This book examines the "other transaction authority" and its uses by the federal agencies.

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