Government OTA Terms & Conditions OverviewNo Standard Template: Unlike traditional contracts, OTAs do not have a fixed set of mandatory clauses or a standard format.FAR Exemption: They are generally exempt from the rigid Federal Acquisition Regulation (FAR) rules.Customized Rules: The government agency and the suppliers negotiate terms to fit the specific research or prototype project.Fewer Restrictions: They contain less fine print, which makes the contracting process faster and easier for new commercial partners.
