Governmentwide acquisition contract

A governmentwide acquisition contract (GWAC) is considered a multiagency contract but, unlike other multiagency contracts, is not subject to the same requirements and limitations, such as documenting that the contract is in the best interest of the government, set forth under the Economy Act. The Clinger-Cohen Act of 1996 authorized GWACs to be used to buy information technology goods and services. These contracts are operated by an executive agent designated by the Office of Management and Budget.