Other Transaction (OT) Authority / L. E. Halchin.

Format:

Book

Author/Creator:

Halchin, L. Elaine, author.

Series:

CRS report for Congress.

CRS report for Congress

Language:

English

Subjects (All):

Government purchasing--Law and legislation--United States.

Government purchasing.

Research--United States--Finance.

Research.

Physical Description:

1 online resource (34 pages).

Place of Publication:

Washington, District of Columbia : Congressional Research Service, 2008.

Summary:

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 cooperative 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 transactions. OT authority originated with the National Aeronautics and Space Administration (NASA) when the National Aeronautics and Space Act of 1958 was enacted. Subsequently, seven other specific agencies have been given OT authority: the Department of Defense (DOD), Federal Aviation Administration (FAA), Department of Transportation (DOT), Department of Homeland Security (DHS), Transportation Security Administration, Department of Health and Human Services, and Department of Energy. Other federal agencies may use OT authority under certain circumstances and if authorized by the Director of the Office of Management and Budget (OMB).