Partnership aimed at grants management

FreeBalance Inc. and PEC Solutions Inc. announced a strategic alliance Monday to jointly pursue opportunities to help federal agencies Web enable and automate their grants management systems.

FreeBalance recently released its e-Grants software, which built on its experience providing financial software to governments worldwide.

The company is targeting a May deadline for federal agencies to submit to Congress their plans to automate and streamline grants management systems. The federal government provides about $300 billion in grants annually to state, local and tribal governments as well as academic institutions and research organizations.

PEC has experience providing Web-enabled electronic government solutions and will help bring FreeBalance's e-government software to the federal market, said Bruce Lazenby, president and chief executive officer of FreeBalance.

"We are a product company, and PEC is a services company," Lazenby said. "Any complex application requires great software and great services."

PEC likely will act as the prime contractor on any opportunities the companies jointly pursue, Lazenby said. The companies will collaborate on sales and business development initiatives, marketing campaigns, solution delivery and post-implementation support for the grants management systems.

The alliance will be used to focus purely on electronic grants management for the near term, Lazenby said.

A Federal Register notice Jan. 17 asked for input on agencies' grants management processes as part of the federal Chief Financial Officers Council's effort to create a portal to centralize federal grants information.

In the future, FreeBalance hopes to work with PEC to market its upcoming releases of e-permits and e-licensing products, Lazenby said.

Featured

  • Defense
    Ryan D. McCarthy being sworn in as Army Secretary Oct. 10, 2019. (Photo credit: Sgt. Dana Clarke/U.S. Army)

    Army wants to spend nearly $1B on cloud, data by 2025

    Army Secretary Ryan McCarthy said lack of funding or a potential delay in the JEDI cloud bid "strikes to the heart of our concern."

  • Congress
    Rep. Jim Langevin (D-R.I.) at the Hack the Capitol conference Sept. 20, 2018

    Jim Langevin's view from the Hill

    As chairman of of the Intelligence and Emerging Threats and Capabilities subcommittee of the House Armed Services Committe and a member of the House Homeland Security Committee, Rhode Island Democrat Jim Langevin is one of the most influential voices on cybersecurity in Congress.

Stay Connected

FCW INSIDER

Sign up for our newsletter.

I agree to this site's Privacy Policy.