For those outside of the acquisitions community, the practices, policies and processes of federal procurement can seem quite impenetrable. But given that the US Government spent more than $665 billion on contracts in 2020, it is not a subject to be ignored.To that end, The Buzz with ACT-IAC  presents: Demystifying Procurement - a series designed to take you through the ins and outs of this complex, but vital, topic.In this episode, Stan Soloway, President and CEO of Celero Strategies, shares his insights on a unique aspect of federal procurement - other transaction authorities (OTA's).  He recently co-authored a report exploring where OTA's fit into the Federal acquisitions picture and how their use has evolved in recent years. Stan's Report: "Other Transactions Authorities: After 60 Years, Hitting Their Stride or Hitting The Wall?” Demystifying Procurement Series:Episode 1 - A Brief History of Government Contracting with Jim NagleEpisode 2 - A Crash Course in Modern Acquisitions with Lesley FieldEpisode 3 - Getting Creative within the FAR with Soraya CorreaSubscribe on your favorite podcast platform to never miss an episode! For more from ACT-IAC, follow us on LinkedIn or visit http://www.actiac.org.Learn more about membership at https://www.actiac.org/join.Donate to ACT-IAC at https://actiac.org/donate. Intro/Outro Music: See a Brighter Day/Gloria TellsCourtesy of Epidemic Sound(Episodes 1-159: Intro/Outro Music: Focal Point/Young CommunityCourtesy of Epidemic Sound)

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