Interagency Acquisition: A Comprehensive Guide to Its Legal Framework

Definition & Meaning

Interagency acquisition is a process where federal and non-federal agencies procure supplies or services from another agency, known as the servicing agency. This method is governed by the Economy Act (31 U.S.C. 1535), which outlines the policies and procedures for such acquisitions. The goal of interagency acquisition is to ensure that government agencies can obtain necessary resources more conveniently and economically than if they were to contract directly with private vendors.

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Real-world examples

Here are a couple of examples of abatement:

Example 1: A federal agency needs specialized equipment that is not available through commercial vendors. They may use interagency acquisition to procure this equipment from another federal agency that has the capability to provide it.

Example 2: A state agency requires IT services and decides to acquire these services through a federal agency that offers them as part of its interagency acquisition program. (hypothetical example)

Comparison with related terms

Term Definition Key Differences
Interagency Acquisition Procurement of supplies/services between federal and non-federal agencies. Focuses on inter-agency transactions.
Government Contracting Process of obtaining goods/services from private vendors. Involves private entities rather than inter-agency transactions.
Cooperative Purchasing Joint procurement by multiple agencies to leverage buying power. Involves collaboration among agencies, but may include private vendors.

What to do if this term applies to you

If you find that interagency acquisition applies to your situation, consider the following steps:

  • Identify the supplies or services you need and determine if they can be obtained through another agency.
  • Consult the Economy Act to understand the applicable procedures.
  • Explore US Legal Forms for templates that can assist you in managing the acquisition process.
  • If the process seems complex, consider seeking professional legal advice to ensure compliance.

Quick facts

Attribute Details
Governing Law Economy Act (31 U.S.C. 1535)
Applicable Agencies Federal and non-federal agencies
Purpose To procure supplies/services conveniently and economically

Key takeaways

Frequently asked questions

It is a process where federal and non-federal agencies procure supplies or services from another agency.