Even though most federal procurements are done using the onerous laws set forth in the Federal Acquisition Regulation (Far) and company health supplements, agencies are significantly relying on the more versatile, but lesser-known, Other Transaction Agreements (OTAs) to fulfill developmental specifications. Congress has approved only a confined quantity of companies to use this authority, which was very first incorporated in NASA’s enabling laws to assure NASA had the adaptability to meets its exceptional…
By: Bass, Berry & Sims PLC
More Stories
How Law Influences Business and Economic Activities
The Future of Law: Emerging Trends and Innovations
Key Principles of Law Every Citizen Should Know