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.
General
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