A governmentwide acquisition contract (GWAC) is a type of contract used by the United States federal government to make purchases from a wide variety of pre-approved contractors. The General Services Administration (GSA) is the primary agency responsible for managing GWACs.
There are a variety of reasons why the government might use a GWAC rather than a traditional government procurement contract. First, GWACs can save the government time and money by allowing agencies to bypass the lengthy and costly process of soliciting and awarding individual contracts. Second, GWACs can help the government ensure that it is getting the best value for its money by allowing agencies to tap into the collective buying power of the federal government.
Third, GWACs can help the government meet its small business goals by ensuring that a certain percentage of the work is awarded to small businesses. Finally, GWACs can help the government ensure that it is using contractors that meet its standards for quality, experience, and security.
The GSA currently manages over 20 GWACs, with a total value of over $50 billion. Is GWAC a contract vehicle? Yes, GWAC is a contract vehicle. It is a contract between the US government and a company that provides IT services. The contract is for a specific period of time and has specific terms and conditions.
What is GSA GWAC?
The General Services Administration's (GSA) Government-Wide Acquisition Contracts (GWAC) are a set of long-term contracts that allow federal agencies to purchase information technology (IT) services from pre-approved contractors.
GWACs are an alternative to the traditional contracting process, which can be time-consuming and cumbersome. By using a GWAC, agencies can save time and money, and they can be assured that they are getting quality IT services from a pre-approved contractor.
There are a number of GWACs to choose from, each of which has its own area of focus. For example, the Alliant GWAC is focused on IT services, while the Millennia GWAC is focused on telecommunications services.
When choosing a GWAC, agencies should consider their specific needs and requirements. GWACs are a great way to save time and money, and to get quality IT services from a pre-approved contractor. Is Schedule 70 a GWAC? No, Schedule 70 is not a GWAC. Schedule 70 is a multiple-award, indefinite-delivery/indefinite-quantity (MA-IDIQ) schedule administered by the General Services Administration (GSA). It provides federal, state, and local government agencies with access to more than 5,000 commercial IT products and services from more than 870 pre-approved contractors.
What are the three types of indefinite delivery contracts?
There are three types of indefinite delivery contracts:
1. Indefinite Quantity Contracts (IQCs)
2. Indefinite Delivery Contracts (IDCs)
3. Indefinite Delivery, Indefinite Quantity Contracts (IDIQs)
What is the benefit of using IDIQ contracts?
There are many benefits to using Indefinite Delivery/Indefinite Quantity (IDIQ) contracts.
First, IDIQs offer flexibility to the government. They can be used to procure a wide variety of goods and services, as long as they fall within the scope of the contract. This means that the government can use IDIQs to respond to changing needs and requirements.
Second, IDIQs can be used to procure goods and services from a variety of vendors. This allows the government to get the best value for money, as it can choose the vendor that can provide the best goods or services at the best price.
Third, IDIQs can be used to procure goods and services in a timely manner. This is because the government does not have to go through the competitive bidding process each time it needs to procure goods or services.
Fourth, IDIQs can be used to procure goods and services in an efficient manner. This is because the government can use a single IDIQ contract to procure goods or services from multiple vendors.
Finally, IDIQs can be used to procure goods and services in a cost-effective manner. This is because the government can negotiate discounts and other favorable terms with vendors in bulk.