Technology Modernization Fund: Past Awards Highlight Need for Continued Scrutiny of Agency Proposals, Statement of David B. Hinchman, Acting Director, Information Technology and Cybersecurity, Testimony Before the Subcommittee on Government Operations, Committee on Oversight and Reform, House of Representatives [open pdf - 753KB]
From the Government Accountability Office (GAO) Highlights: "Enacted in 2017, the provisions commonly referred to as the Modernizing Government Technology (MGT) Act established the TMF [Technology Modernization Fund] in recognition of the challenges in modernizing federal information systems. OMB [Office of Management and Budget] and GSA [General Services Administration] administer the TMF, and a Technology Modernization Board comprised of federal IT [information technology] executives reviews agency project proposals. Since the program's creation, it has received over $1.1 billion in appropriations and made awards to over 20 projects that sought to address the federal technology challenges on which GAO has extensively reported. The MGT Act included a provision for GAO to report biannually on the TMF and the projects receiving these funds. This testimony summarizes past GAO reporting on the TMF, including (1) the status of the fund and approved projects and (2) the reliability of selected projects' cost saving estimates. This statement is primarily based on the results of GAO's prior work, which includes the reports cited in this statement. GAO also reviewed the status of approved projects as of May 2022, and agencies' efforts to address its recommendations."
Government Accountability Office: http://www.gao.gov/