By Bob Dunn
May 04, 2021
In the private sector, adoption of open standards-based technology has been on a roll for years. Federal agencies have been slower to embrace these models, though adoption has been climbing steadily.
Embrace of standards-based technology may be about to accelerate amid increasing recognition in Washington about the need to modernize federal IT systems. The government still heavily relies on proprietary legacy systems that can be expensive to maintain, more vulnerable to cyberattacks and often struggle to meet the expectations of digital-savvy citizens.
As a Deloitte report put it: “For most agencies, core systems have delivered reliable and consistent results for decades. In many cases, however, they have become difficult and costly to maintain. Federal budgets have not kept pace with increasing maintenance costs, limiting investments in new capabilities. What’s more, security vulnerabilities continue to increase risk of exposure. Additionally,
By Chris Riotta
The federal government will relax payback requirements for projects addressing urgent cybersecurity, pandemic response and IT modernization needs that draw on the $1 billion addition to the Technology Modernization Fund (TMF) included in the American Rescue Plan Act.
In a joint statement, the Office of Management and Budget and General Services Administration announced on Tuesday that the updated model will foster cross-agency collaboration and allow the TMF Board to focus on four proposal categories, including modernizing high-priority systems, cybersecurity, public-facing digital services and cross-government services and infrastructure.
The TMF, a revolving fund of no-year money, was established in 2017 but its capitalization spiked from $150 million to more than $1 billion with the passage of the Rescue Act this March. The fund was created with strict reimbursement requirements to allow for continual funding of new projects. At a recent Senate hearing, cu
OMB Prioritizes Cyber, COVID Tech For New TMF Payback Model Feverpitched/iStock.com
email May 4, 2021
Officials urged agencies to pitch projects that focus on hack cleanup, COVID-19 response or economic recovery by June 2 for maximum repayment flexibility from the Technology Modernization Fund.
The federal agencies managing a central fund for loaning money to other agencies to upgrade aging IT a fund that just received $1 billion from Congress as part of the second COVID-19 stimulus package released an outline Tuesday updating priorities and making fundamental changes to how the fund works.
The Technology Modernization Fund was created as part of the 2017 Modernizing Government Technology Act, or MGT Act, envisioned as a self-sustaining fund that would loan money for projects with wide potential impact and a solid return on investment that would replenish the fund on a three- to five-year cycle.
Government Executive
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Quick Hits As the use and power of artificial intelligence increases, the risk for AI to become the hacker, rather than the victim also grows, according to a new report. Read more in GCN. Washington Technology editor-in-chief
Nick Wakemansays that the new iteration of beta.SAM.gov addresses some of the issues with earlier versions but still has room for improvement.
Posted by FCW Staff on Apr 29, 2021 at
2:22 AM