Why use Ota
Why Use an Other Transaction?
OTA Opportunities by the Numbers
Total Spent On OTAS In FY21
$ 13.5 Billion
Total Spent By DOD On OTAS In FY19 – 21
$ 37 Billion
- The customer needs a flexible option to provide commercial-type term contracts to organizations who have innovative solutions (almost exclusively in the R&D space)
- The team is developing and researching processes, prototypes, or technologies for the advancement and testing of the feasibility of a technology
- A non-traditional company has a solution that the federal customer can utilize but needs to circumvent flexible IP rights and to lower the barrier to entry for the non-traditional
- There is an emphasis on trying to attract and recruit innovative, non-traditional companies to participate in government R&D projects
- The customer is looking for a reduction in program costs: streamlined management and processes of OT projects can result in accelerated timelines and reduced administrative cost