GWAC stands for Government-wide Acquisition Contract. Sometimes the government can realize economies of scale by centralizing the purchasing of certain types of products or services. A GWAC consolidates purchasing across a number of federal government agencies.
Procurement reform has ushered numerous new and/or modified acquisition vehicles -- multiple award contracts -- such as multi-agency contracts and government-wide acquisition contracts (GWACs). These vehicles encourage long-term vendor agreements with fewer vendors.
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