There are many benefits to using an OTA, primarily in decreased acquisition time and cost. There are other notable benefits, making the OTA a unique and desirable tool for program and contract managers alike, including: An OTA is not a contract, grant or cooperative agreement. As a result, OTA Initiatives are not subject to the Federal Acquisition Regulation (FAR) or its supplements. Federal funding generally can be obligated more quickly, and Initiatives are awarded in less time than typical FAR-based contracts. The Government may collaborate with contractors in tailoring the terms to the Initiative and the needs of the performing member(s), achieving the best approach to fulfilling the Government’s technology needs. Government rights to intellectual property are negotiable on an Initiative-by-Initiative basis. OTA Initiatives are awarded on a Firm Fixed Price basis. Payments are made based on measurable milestone achievements. Competition is required only to the maximum extent practicable. Awards are not subject to protest. UAH is a member of three Consortium with OTAs. Please note all communications to establish an award under either OTA to UAH, must start with the Federal Sponsoring Agency and the Consortium (CEED, C5, and/or VLC). If you have any questions, please contact Gloria Greene, Director, Office of Sponsored Programs at firstname.lastname@example.org or X2657. OTHER TRANSACTION AGREEMENT OPPORTUNITIES Additional information about the CEED and C5 OTA Frequently Asked Questions (FAQ) Consortium for Energy, Environment and Demilitarization (CEED)http://www.ceed-ota.org/ Consortium for Command, Control and Communications in Cyberspacehttp://c5technologies.org/ Vertical Lift Consortium (VLC) http://www.verticalliftconsortium.org/ NASC Industry Days - August 2019 The slides presented at the NASC Industry Days last week and this week are posted in the member portal on the NASC website, along with a list of the attendees of the August 7, 2019, event, who have approved the release of their contact information. To access the portal, all members must have individual log-in credentials, as advised in the notification sent earlier this week. If you need assistance with setting up your credentials or accessing the portal, please contact CMG.