Submitted by rgordon on Thu, 03/31/2022 - 14:44
The Technology Modernization Fund (TMF) is an innovative funding vehicle that gives agencies additional ways to deliver services to the American public more quickly, better secure sensitive systems and data, and use taxpayer dollars more efficiently. It was authorized by the Modernizing Government Technology Act of 2017. Investments receive incremental funding and technical expertise to ensure project success. To date, the TMF has received $175 million through the annual budget process and $1 billion through the American Rescue Plan to fund modernization projects.