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Real World OTAs
August 17, 2020 @ 11:00 am - 1:00 pm
One event on August 17, 2020 at 11:00 am
Federal contractors and U.S. Government agencies have recently had a renewed interest in using novel forms of agreements to develop new technologies. Other Transaction Authority agreements, in particular, have provided both industry and agency personnel with much needed flexibility to negotiate unique terms that meet the needs of each party. OTA frameworks are constantly changing and it can be difficult to track the new considerations that present themselves when working in the space. How much the principles of traditional government contracting apply can vary wildly between OTA frameworks. And understanding of those rules, and how they interact with the needs of the government (and it’s contractors) is integral to effectively using these novel procurement vehicles.
In this two-part mini-series, our instructors will discuss the frameworks that apply to Other Transaction Authority agreements and the differences between these forms of agreements and traditional government contracts. The workshop will focus on novel issues raised by Other Transaction Authority agreements and key terms to address in negotiations. The class will center around various applied OTAs problems that bring the abstract principles governing different types of OTA into the real world.