The General Services Administration launched a new online dashboard Tuesday that lists agencies’ information technology spending using governmentwide acquisition contracts.
The dashboard’s goal is to help agencies make “data driven” decisions about where to invest IT funding and to give federal IT vendors insight into new business opportunities, the agency said in a press release.
Governmentwide acquisition contracts, or GWACs, are master contracts for popular IT products and services that agencies can simply purchase for a set price rather than negotiate their own agreements with the vendor or put requirement out for competitive bids.
The dashboard allows users to organize GWAC purchases stretching back to 2004 by agency or vendor.
“This tool is especially valuable to small businesses as it provides access to business intelligence they can use to assess market opportunity, decide how best to allocate resources, and identify potential teaming partners for future projects,” GSA Federal Acquisition Service Acting Commissioner Mary A. Davie said in a statement.
(Image via lucadp/Shutterstock.com)

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