Interagency Acquisition Law and Legal Definition

Interagency acquisition refers to a procedure by which federal agencies and non-federal agencies obtain their required supplies or services from another agency called a servicing agency. The policies and procedures applicable to interagency acquisitions are laid under the Economy Act (31 U.S.C. 1535).

Examples of interagency acquisitions to which the Economy Act does not apply include:

1.Acquisitions from required or optional sources of supplies prescribed in Part 8, which have separate statutory authority (e.g., Federal Supply Schedule contracts); and;

2.Acquisitions using government wide acquisition contracts.

Interagency acquisition is in the best interest of the government and the supplies or services cannot be obtained as conveniently or economically by contracting directly with a private source.