Department of the Treasury (Treasury)

Reimagine use of Federal Acquisition Regulation (FAR) Subparts 12.6 and 13.5, to procure technology development services using commercial procedures. Acquisitions are marked by brief and goal-oriented requirement documents, short proposal times, multiple awardees and contracts with short periods of performance (base and option periods). Option periods are used as performance phases, where only successfully demonstrated solutions are carried forward.

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 815, the DoD currently has permanent authority to award OT under (10 U.S.C. 2371) for (1) Research, (2) Prototype, and (3) Production Purposes. 11 other agencies have OT authority - including DHS and NASA.