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White House Opens Applications for Technology Modernization Fund
Nextgov: The White House on Tuesday published guidelines for federal agencies looking to bring their IT systems into the 21st century under new legislation.
The Office of Management and Budget on Tuesday outlined how department heads can use the provisions created by the Modernizing Government Technology Act to upgrade outdated IT infrastructure.
Passed as part of the National Defense Authorization Act, the law authorizes up to $500 million over two years for a central modernization fund through which agencies can borrow against to update aging, unsecure systems. It also establishes working IT capital funds where agencies can stash savings from other modernization projects—like migrating to cloud computing—to use for future projects.
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