Other Transaction Agreement (OTA)
What Is An OTA?
An Other Transaction Agreement (OTA) is a streamlined purchasing vehicle that brings innovative research findings and state-of-the-art prototypes from industry to the federal government. OTA-based collaborations are not subject to some of the regulations that apply to Federal Acquisition Regulation (FAR)-based acquisitions. OTAs enable fast acquisition of critically-needed technologies.
Why does BARDA use OTAs?
The OTA authority consortium enterprise is good government in action—the competition it promotes between large, traditional R&D providers, academic institutions, and small and nontraditional suppliers drives innovation across the entire US economy.
The OTA model provides flexibility for better Government/Industry collaboration.
Interested in Joining?
The OTA-based consortium model allows government and industry to communicate more openly from requirement generation to the proposal stage; it affords greater technology and prototype acquisition speed, getting solutions to end-users sooner; and it emphasizes engaging a diverse range of technology suppliers by casting a wider net for capturing ideas and innovations.
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