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This article from International Institute of Space Law is published by Eleven international publishing and made available to anonieme bezoekerNASAS Transactional Approach to Commercializing Space
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NASA's transactional approach refers to a systematic method for managing and overseeing financial transactions and contracts to ensure compliance with federal regulations and effective allocation of resources.
Individuals and organizations engaged in contracts or financial transactions with NASA are required to file under NASA's transactional approach, including contractors, grantees, and vendors.
To fill out NASA's transactional approach, individuals must provide accurate details regarding the transaction, including the nature of the work, financial data, and compliance information as specified in the guidelines provided by NASA.
The purpose of NASA's transactional approach is to ensure transparency, accountability, and effective management of public funds in all transactions and agreements the agency engages in.
Information that must be reported includes transaction details, party names, financial amounts, contract dates, compliance with federal regulations, and any relevant project descriptions.
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