A Governmentwide Acquisition Contract, or GWAC, is a specific type of procurement instrument utilized by federal agencies to acquire comprehensive information technology (IT) solutions. As a pre-competed, multi-award vehicle, GWAC allows agencies to save substantial time and resources. The contract’s pre-established terms and conditions streamline the ordering process, reducing lead times and administrative burdens. Its indefinite delivery, indefinite quantity (IDIQ) feature allows for flexibility in terms of volume and timeframe, enabling agencies to adapt to changing needs or unexpected circumstances.
GWAC offers numerous advantages over traditional acquisition methods. It fosters competition among providers, which leads to better value and innovation. Furthermore, the contract simplifies the acquisition process, aiding in the efficient spending of government funds. Through GWAC, agencies can procure a broad range of IT solutions more economically, such as system design, software engineering, information assurance, and enterprise architecture solutions. This government-wide approach to procurement enhances inter-agency collaboration, leading to strategic sourcing and increased purchasing power.
