SmartBuy picks up portfolio management

The General Services Administration earlier this month added portfolio management software to its growing list of enterprise license agreements.

The General Services Administration earlier this month added portfolio management software to its growing list of enterprise license agreements.The agency has signed a SmartBuy agreement with ProSight Inc. of Portland, Ore., for its Project Portfolio management titles, including ProSight Portfolios and Fastrack.Tom Kireilis, SmartBuy’s senior program manager, said the agreement for ProSight licenses and maintenance was signed by the Army’s Small Computer Program and Army Contracting Agency. Other agencies also can buy from the contract, he said.The Army’s initial deal, worth $5 million, offers $2.3 million in cost avoidance, Kireilis said. The discount ranges from 8 percent to 39 percent off GSA’s Federal Supply Service schedule prices, the Army said in a release. For maintenance, training and installation services, agencies would get discounts of 3 percent to 10 percent off schedule prices.The ProSight deal is the seventh SmartBuy agreement GSA signed and the third since January. GSA has not yet finalized an agreement with IBM Corp., Kireilis said.Kireilis said there are more SmartBuy agreements in the works that GSA will announce in the next month or so, but he would not name them.