DHS SILICON VALLEY PROGRAM FUNDS 5 INTERNET OF THINGS SECURITY PROJECTS

"DHS’ Science and Technology Directorate awarded a total of about $1 million to five startups specializing in securing the internet of things..." "...the contracts are issued under its Other Transaction Authority, which allows the department to engage with nontraditional contractors and at a pace much quicker than regular contracts."

Top issues going into the new year

"Recently, DoD leaders again began looking into the use of "other transaction authority," allowing for contracting outside the federal acquisition regulation (FAR). Regardless of what method or authority, the agreement between what the government requires and what industry delivers is a (frequently complex) contract."