Contact Information: Contact: Colleen Raney Marketing Director Fedarra, LLC (503) 327-9146 colleen.raney@fedarra.com
Fedarra Delivers Affordable New Reporting Services to Small- and Medium-Sized Stimulus Package Recipients
Web-Based and Concierge Services Make It Fast and Easy for Stimulus Award Recipients to Complete Mandatory Recovery Act Reporting
| Source: Fedarra, LLC
LAKE OSWEGO, OR--(Marketwire - September 8, 2009) - Fedarra, a veteran-owned business offering
unique web-based stimulus package reporting services, today announced new
reporting services for small- and medium-sized stimulus package recipients.
All recipients of American Recovery and Reinvestment Act (ARRA) stimulus
awards must report quarterly to the Office of Management and Budget (OMB),
per the Recovery Act and OMB reporting guidance, with the first reporting
deadline fast approaching on October 10, 2009.
Unlike most states and large corporations, local government and small and
medium business recipients often do not have the staff, knowledge and tools
to efficiently complete the required stimulus reporting. Fedarra offers
three new services to make the complex reporting process easy, fast and
accurate.
Fedarra's Basic Package is designed for budget-conscious organizations that
are comfortable managing the reporting process on their own. The simple,
intuitive web-based service guides the recipient every step of the way.
Features include free registration, automated data collection and field
population, accuracy checks, job calculation and an audit trail.
Fedarra's Plus Package offers a personal Concierge Service to manage the
reporting process for the customer. The Concierge Service, analogous to
hiring a tax preparation professional, provides a dedicated individual to
manage reporting preparation, data collection, job calculation,
registration and report review prior to filing. The Concierge also alerts
customers of OMB reporting updates and impending deadlines and is an expert
stimulus reporting resource.
Fedarra's Premium Package offers the personal Concierge Service found in
the Plus Package and extends that service to the prime recipient's
sub-recipients and vendors.
"Learning a completely new and complex reporting process can be a daunting
task when a government or business team has a pressing list of priorities
and limited staff," said John Cimral, founder and CEO of Fedarra. "Without
Fedarra, recipients can expect to spend hours educating themselves on
reporting requirements and then many additional hours registering,
preparing and filing using the complex federal reporting system. Fedarra
guides the recipient, either through a straightforward and painless
web-based tool or with the personal assistance of a Concierge, to simplify
the process."
"Fedarra has the advantage of a leadership team that truly understands the
needs of government and business," continued Cimral. "It has been my
privilege to assemble a staff with significant experience in the government
and business markets that is dedicated to customer satisfaction and doing
the job right the first time."
Pricing and Availability
The Fedarra Basic Package can be purchased for a quarterly price of $299
per award. The price includes reporting for the prime recipient
organization and all sub-recipients and vendors that are involved with the
recipient's stimulus award(s). Payment is not required until a report is
filed, allowing the prime recipient to test the service prior to purchase.
The Fedarra Plus Package, which includes the Concierge Service, is $599 per
award each quarter and covers the prime recipient organization's reporting.
The Fedarra Premium Package is also $599 per award each quarter, plus $199
per sub-recipient and vendor. All Fedarra services include free reporting
registration with the Federal Government.
All Fedarra services are available now to help organizations complete the
reporting registration process. The complete reporting process will be
available October 1, 2009; the first day the Federal Government will accept
reports. For organizations that sign up for any Fedarra service, Fedarra
provides a free Stimulus Reporting Kit and membership to the Fedarra Forum,
a 2009 ARRA think tank community.
About Fedarra, LLC
Fedarra is a veteran-owned business offering unique web-based and concierge
Stimulus Package reporting services to federal, state and local government
and businesses. Fedarra was founded by technology thought leader John
Cimral, former CEO of ProSight (now ORACLE), a leader in portfolio
management and enterprise investment management software. Fedarra is
headquartered in Lake Oswego, Oregon. For additional information, please
visit www.fedarra.com.