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You are here: Home / Government Contracting News / Trump budget creates $228 million technology modernization fund

May 23, 2017 By AMK

Trump budget creates $228 million technology modernization fund

The Trump administration today proposed $228 million in funding for a Technology Modernization Fund housed within the General Services Administration.

The budget states the central fund will help transition agencies from older IT infrastructure to “more efficient and secure technologies.” It outlines four parameters for the fund: An independent board would review agency proposals, agencies would repay the fund, IT acquisition and development experts would help agencies implement their plans, and agencies would use agile development techniques.

The proposal suggests the administration fully backs IT modernization legislation called the Modernizing Government Technology Act that passed the House last week and now awaits Senate review.

Keep reading this article at: http://www.nextgov.com/cio-briefing/2017/05/trump-budget-creates-228m-technology-modernization-fund/138087/

Filed Under: Government Contracting News Tagged With: acquisition policy, budget, GSA, IT, modernization, Modernizing Government Technology Act, technology

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