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Other Transaction Authority
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Other Transaction Authority : Understanding & Examining Its Uses by Federal Agencies

Book Details

Format Hardback or Cased Book
ISBN-10 1607415194
ISBN-13 9781607415190
Publisher Nova Science Publishers Inc
Imprint Nova Science Publishers Inc
Country of Manufacture US
Country of Publication GB
Publication Date Feb 11th, 2011
Print length 138 Pages
Weight 362 grams
Dimensions 23.80 x 15.70 x 1.50 cms
Ksh 25,900.00
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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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