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George Sam

GSA VETS2 GWAC ceiling is raised from 5B to 6.1B




Due to its popularity as a critical tool for federal agencies that delivers faster, more compliant, and less costly IT acquisitions, GSA’s VETS 2 Governmentwide Acquisition Contract (GWAC) increased its ceiling to $6.1 billion. This increase ensures continued support for federal agencies and expands opportunities for Service-Disabled Veteran-Owned Small Businesses (SDVOSBs). With obligations nearing $3.6 billion the VETS 2 contract has seen substantial growth and the new ceiling aligns with the FY24 National Defense Authorization Act which increased the SDVOSB participation goal from three to five percent. This ceiling increase helps avoid disruptions, supports economic inclusion, promotes diversity, equity, inclusion and accessibility. Applica is proudly serving various clients like IRS, SBA, USDA, DHS FEMA, VA currently under VETS2 GWAC and contribute towards the success of this program.

 

Following is the link to Laura Stanton's Blog posting about the above: https://gsablogs.gsa.gov/technology/tag/vets-2/

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