NIH's Use and Oversight of Its Other Transaction Authority
The National Institutes of Health (NIH) is one of very few Federal entities with the authority to award Other Transactions (OTs). OTs are, by definition, awards other than procurement contracts, cooperative agreements, or grants. OTs are intentionally flexible and are generally not subject to the Federal Acquisition Regulation, the Uniform Guidance, or other regulations, unless otherwise noted in the terms and conditions of the OT award. As such, OTs are higher risk than traditional awards and should generally only be used when the objectives of a federally funded project cannot be accomplished under a traditional award, such as a contract or grant. This study will analyze NIH's use of OTs and determine the extent to which NIH is documenting required and encouraged parts of OTs. Additionally, we will determine what mechanisms NIH uses to oversee funds awarded through OTs to help ensure the effective stewardship of NIH funds.
|Announced or Revised
|Expected Issue Date (FY)
|National Institutes of Health
|NIH's Use and Oversight of Its Other Transaction Authority
|Office of Evaluation and Inspections