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OTA Spending On The Rise

Venue

This is a virtual event, accessible online and/or over the phone. Access instructions will be provided after registration.

Description

The use of Other Transaction Authority (OTA) has more than doubled in the past five years, to $2.3 billion in fiscal 2017 from $1 billion in fiscal 2012, according to a Bloomberg Government analysis. As more agencies recognize the benefits of using OTA, such as access to nontraditional contractors and faster acquisition processes, they may ramp up OTA spending even more. As spending increases, it becomes more important for contractors to track.
In the past, the use of OTA, and its relief from many of the laws and regulations associated with government contracting, has had many benefits, but there have been some bad experiences that have led Congress to tighten the reins.

Join Bloomberg Government and NDIA to explore both the opportunities and risks in the growing use of OTA.
 

Presenters

Jon Etherton
  • President
  • Etherton and Associates, Inc

From 1985 to 1999, Jon Etherton served as a professional staff member to the Senate Armed Services Committee and was assigned to provide support to the republican committee members on acquisition and contract policy issues. Jon was involved with the formation and passage of the Goldwater-Nichols Act in 1986, the so-called section 800 panel legislation in 1990, the Federal Acquisition Streamlining Act of 1994, the Federal Acquisition Reform Act and the Information Technology Management Reform Act of 1996, as well as all of the acquisition policy provisions in titles IX, VIII and elsewhere in each of the annual National Defense Authorization bills during his period of Senate service. From 2005 to 2007, Jon served as a member of the Acquisition Advisory Panel established by section 1423 of the National Defense Authorization Act for Fiscal Year 2004. Jon is currently serving as Senior Fellow for Acquisition Reform at the National Defense Industrial Association and was co-author with Will Goodman of Pathway to Transformation: NDIA Acquisition Reform Recommendations, which was presented to the House and Senate Armed Services Committees in November 2014.

Robert Levinson
  • Senior Defense Analyst
  • Bloomberg Government

Robert Levinson is a Senior Defense Analyst with Bloomberg Government. He specializes in analyzing DOD spending trends, budget activity, and identifying the largest opportunities being released at the Pentagon. He is a retired lieutenant colonel in the U.S. Air Force with more than 20 years of service. Levinson worked for Booz Allen Hamilton as a strategic communications consultant. He has a bachelor’s degree from the U.S. Air Force Academy, a master’s from the University of California, and is a Harvard Kennedy School for Senior Executives graduate. Follow me @levinsor.