The discussion of renormalization group flows in four-dimensional conformal field theories has recently focused on the a-anomaly. It has recently been shown that there is a monotonic decreasing function which interpolates between the ultraviolet and infrared fixed points such that Delta a = a_UV - a_IR > 0. The analysis has been extended to weakly relevant and marginal deformations, though there are few explicit examples involving interacting theories. In this paper we examine the a-theorem in the context of the gauged vector model which couples the usual vector model to the Banks-Zaks model. We consider the model to leading order in the 1/N expansion, all orders in the coupling constant lambda, and to second order in g^2. The model has both an IR and UV fixed point, and satisfies Delta a > 0.