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Most of the grants from the Technology Modernization Fund in fiscal year 2023 focused on cybersecurity efforts, accounting for 10 of the 18 awards, according to the fund’s Oversight Committee’s annual report. , which accounted for more than $114 million of the $177 million total.
These projects “work across government agencies to address immediate security gaps and improve the public’s ability to access services” and include EPA, FTC, SSA, USAID, Department of Defense, HHS, and HUD. Government agencies including the Department of Labor, Department of Transportation and Department of Finance are involved, the report said. The remaining six, totaling more than $55 million, focus on public digital services, and the remaining two involve high-priority systems.
Going forward, the fund will continue to make strategic investments to accelerate IT modernization while decommissioning legacy systems, strengthening cybersecurity, and enhancing digital experiences to deliver a government that meets today’s expectations. “I will.”
The TMF is a national government-wide fund designed to provide upfront funding to allow agencies to replace legacy systems rather than continuing to spend over time to keep them running. The agency would then repay the fund from savings. However, GAO recently reported that of the 37 projects funded since the program’s creation in 2017, only eight have seen measurable savings, most of which are still underway. There is still potential for savings.
A bill (HR-5527) that recently passed the House committee level and is ready for a floor vote would require agencies to report in more detail about their ability to repay TMFs before receiving funds.
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