Assisted NC businesses in winning 4,353 contracts minimum value of $16.87 billion
Support Provided by Fayetteville Technical Community College
Assisted NC businesses in winning 4,353 contracts minimum value of $16.87 billion
Support Provided by Fayetteville Technical Community College
Other Transactions and Other Transaction ConsortiaFor more information or assistance with OTA or Consortia processes, please contact Denny Lewis or Bob Burton, with the North Carolina Defense Technology Transition Office. Other Transaction Authority (OTA) is the term commonly used to refer to the (10 U.S.C. 2371b) authority of the Department of Defense (DoD) to carry out certain prototypes, research, and production projects. Other Transaction (OT) authorities were created to give DoD the flexibility necessary to adopt and incorporate business practices that reflect commercial industry standards and best practices into its award instruments. As of the 2016 National Defense Authorization Act (NDAA) Section 845, the DoD currently has permanent authority to award OT under (10 U.S.C. 2371) for (1) Research, (2) Prototype, and (3) Production Purposes. Source: https://acqnotes.com/acqnote/careerfields/other-transaction-authority-ota What is an “Other Transaction”Other Transactions (OTs) are procurement instruments other than contracts, grants, or cooperative agreements enabling flexible business arrangements to acquire research and development to support technology advancement or to quickly develop a prototype…OTs are a mechanism to access innovative research and development, especially from *non-traditional contractors who may be challenged by requirements of traditional contracts, grants, or cooperative research and development agreements.
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FY21 NC FEDERAL AND DOD COUNTY TOTALS
FY21 FEDERAL SPENDING HEAT MAP
NORTH CAROLINA: YOUR MISSION IS OUR MISSION, Economic Development Partnership of North Carolina
MAILING ADDRESS:
North Carolina Military Business Center
PO Box 1748
Fayetteville, NC 28303
The NC Military Business Center, the NC Community College System, and the State of North Carolina do not officially endorse events. These items are posted strictly for the information and convenience of NCMBC customers. |