Modernization
Draft Senate COVID Relief Bill Includes $1B for Technology Modernization Fund
The fund gets a second chance at a boost after a $9 billion proposal didn’t make it to the House-passed bill.
Modernization
Tech Groups Urge Congress to Add Billions to TMF and Drop Some Repayments
Twelve advocacy groups representing the biggest names in tech asked for a major infusion of cash and some substantive changes to how the Technology Modernization Fund operates.
Digital Government
House Dems Push for $9B for Tech Modernization Fund in Next COVID Package
The funding would come from President Joe Biden’s $1.9 trillion COVID-19 relief plan.
Modernization
Biden-Harris Admin Proposes $10B in New IT and Cyber Funding for Federal Agencies
The administration wants to add $9 billion to the Technology Modernization Fund and give CISA a boost.
Modernization
How CBP Plans to Spend—and Repay—Its $15M Modernization Fund Loan
Agency officials already completed the first phase of modernizing the nation’s second-largest revenue collection system but needed an infusion of cash to keep the momentum going.
Modernization
CBP Gets $15M from Modernization Fund to Ditch Its Last Mainframe
The Customs and Border Protection Agency plans to upgrade a system that tracks imported goods and still relies on COBOL.
Digital Government
Federal Tech Guide to Trump's 2021 Budget
The Trump administration puts a priority on working capital funds, while proposed tech spending inches upward.
Modernization
TMF Program Office Won’t Recoup Current Costs Until 2025, Watchdog Says
Officials pushed back strongly against the report.
Modernization
Officials: Working Capital Funds Take Time But Have ‘Real Staying Power’
Agencies are still figuring out the best way to establish and govern IT working capital funds two years after passage of the MGT Act.
Modernization
Technology Modernization Fund Tapped for Two More Projects
The latest batch of grants leaves the fund with only about $24 million, less than 20% of its total endowment.
Digital Government
Will Hurd, The Most Vocal Lawmaker on Federal IT Issues, Won’t Seek Reelection
The three-term congressman plans to keep pushing on government IT issues from the private sector.
Modernization
Modernization Fund Program Isn’t Recouping Overhead Costs Fast Enough
The Technology Modernization Fund is incurring millions more in overhead costs than it is recouping in administrative fees.
Modernization
Trump Budget Request Seeks $150 Million for Tech Modernization Fund
The president’s fiscal 2020 budget proposal asks for lots of IT spending in defense, border surveillance tech and the Department of Veterans Affairs.
Modernization
Here’s What Technology Modernization Fund Dollars Are Doing Now
Three projects have awarded contracts so far and two have already spent a combined $6 million to date.
Modernization
Latest Technology Modernization Fund Award Will Support Governmentwide Payroll Project
With the seventh project award, the fund has just under $11 million left.
Modernization
Latest Bills to End Shutdown Include $25 Million Bump to Technology Modernization Fund
Previous spending packages didn’t allocate any additional money for the revolving fund.
Modernization
Technology Modernization Fund Gets Nothing in House-Passed Funding Bill
Though the president already threatened to veto the bill if it passes the Senate.
Modernization
Three Agencies Tap Technology Modernization Fund in Second Round
After the second round of projects, about $31.5 million is left in the TMF coffers.
Modernization
Agencies Can’t Dine and Dash on Technology Modernization Fund, Official Says
Awards are an advance, not a grant, and the program office has ways to make sure the fund stays solvent.
Modernization