TMF
Biden looks to preserve tech, cyber legacy with veto threat
Experts see continuity in tech policy from the Biden administration to a possible Kamala Harris presidency, with possible divergence on some national security and antitrust issues.
TMF names new director
The fund’s current deputy executive director, Larry Bafundo, will be taking the helm of a program facing down budget and authorization challenges in the coming months.
TMF announces new round of awards amid funding uncertainty
The $1 billion Technology Modernization Fund boost from the 2021 American Rescue Plan Act is running out, and it remains to be seen whether Congress will keep the program afloat.
Tech sees steep cuts in House Republicans’ funding proposal
The Technology Modernization Fund would once again see zero contributions in FY25, though the U.S. Digital Service would get new authority to get reimbursements from agencies under the bill.
House passes TMF reauthorization bill
The Modernizing Government Technology Reform Act includes changes around repayment to the TMF.
TMF doles out $47.8 million to NASA, Labor for modernization projects
The fund was zeroed out in the last appropriations round and will expire in 2025 without new legislation.
TMF, USDS hit with cuts in 2024 funding bill
The Technology Modernization Fund alone is slated for a $100 million clawback of American Rescue Plan Act funding under the appropriations package released Thursday.
Biden's $1.67 trillion budget boosts tech, AI
The Biden administration’s FY2025 budget request provides agencies with $3 billion “to responsibly develop, test, procure and integrate transformative AI applications across the federal government.”
TMF looks to fund AI projects
The revolving fund at the General Services Administration put out a call for “mission enabling” AI projects on Thursday.
TMF gets a new executive director, issues 3 more awards
The Technology Modernization Fund announced over $70 million in investments on Wednesday.
TMF’s planned cost savings have been ‘minimal’ in reality, GAO finds
The original intent of the revolving fund anticipated repayments on finished projects replenishing the pool for new ones. In reality, such repayments have been slow and slim.
Labor Department to use TMF to build a retirement ‘lost and found’
The registry will enable people to search for private employment retirement, group health and other welfare benefit plans that still owe them benefits.
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