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Agencies Spent $10.4B in 10 Years Using Other Transactions. Here's Where It Went.
NextGov: Defense and civilian agencies have been using other transaction authorities—a lightly regulated contracting process outside of the Federal Acquisition Regulation—to fast-track acquisition of bleeding-edge technologies and encourage private sector innovators to work with the government.
At inception, OT authorities were created to support research and development efforts but that’s not always how they are used. To get a better idea of the scope of OT contract spending—both in dollars and purpose—Nextgov pulled more than 10 years of contracting data from the Federal Procurement Data System.
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