The OT authority consortium enterprise is good government in action—the competition it promotes between large, traditional R&D providers, academic institutions, and small and nontraditional suppliers drives innovation across the entire US economy.
The Basket Provision is another innovative acquisition tool that can be employed within OT-based Consortia. It is not uncommon for industry to propose technology development projects that cannot go forward due to a lack of available funding at the time the source selection decisions are made, despite being deemed valuable by the Government. It is also possible that proposed technology development projects may be valid and approved, but not necessary to accomplish immediate Government needs. In such cases, approved proposals can be held in an “electronic basket” for two or more years. This allows for subsequent award of the previously-approved proposal in the event of emerging urgent needs, interest in the proposal by a different funding sponsor, end-of-year sweep-up funds or subsequent year funding availability. The provision also eliminates costly, time-consuming start-from-scratch responses to new requirements or funding opportunities.
It benefits Government by:
Unlike the FAR (Federal Acquisition Regulation), the OT-based consortium model allows government and industry to communicate more openly, from requirement generation to the proposal stage; it affords greater technology and prototype acquisition speed, getting solutions to end users sooner; and it emphasizes engaging a diverse range of technology suppliers or all sizes, casting a wider net for capturing ideas and innovations.
View frequently asked questions and to learn more about joining NSTIC here.