384 - What is the Economy Act?

If you work in the Government acquisition world, this podcast is for you. (not just for Contracting Officers!)It may be surprising to learn that the federal government sometimes duplicates effort and misses out on economies of scale when buying.  (that's a joke...)Kevin and Paul explain the Economy Act, which allows federal agencies to order goods and services from other federal agencies in order to reduce overlapping activities and leverage economy of scale.  Utilizing the Economy Act may be the path of least resistance for an acquisition, easing the process for both government and industry.    _________If you enjoy this podcast, check out Skyway Acquisition at skywaymember.com  to begin your relationship with our team of former contracting officers. The Skyway Community is the essential resource for context in the government market. Give us a call at 877-884-5280 or email us at [email protected]  LinkedIn CO Podcast Group: https://www.linkedin.com/groups/6796606/ Facebook Government Contracting Network Group: https://www.facebook.com/groups/GovernmentContractingNetwork ___________Kevin Jans and Paul Schauer created the Contracting Officer Podcast to help government and industry acquisition professionals understand more about how the other side thinks. As former government Contracting Officers who have also worked on the industry side, Kevin and Paul share their perspectives in support of the podcast’s mission:  Make government contracts better, one contract at a time.