Within the world of US Federal Government Contracting, it is easy to become overwhelmed with all the acronyms that get thrown around. One acronym you might have come across is GWAC.
Within the world of U.S. Federal Government Contracting, it is easy to become overwhelmed with all the acronyms. One acronym you might have been wondering about lately is MATOC.
Being on the winning side of an Indefinite Delivery, Indefinite Quantity (IDIQ) contract opens up the opportunity to earn millions and even billions of dollars through the work generated by subsequent task orders.
According to a 2017 US Government Accountability Office (GAO) report, spending by federal agencies on indefinite delivery/indefinite quantity (IDIQ) contracts accounts for about a third of total government contract obligations.
If you’re new to Federal Government contracting, you may be overwhelmed with all the new terminology and the many different procurement and contract types you hear about.
If you're exploring contract vehicle options in the federal market, chances are you're eyeing up a number of Government Wide Acquisition Contracts (GWACs).
So your company is hunting "big game" in the government contracting world? Well, you are not alone.