Enhancing the impact of Technology Modernization Fund
Developing connections across the TMF and with larger IT investment programs will yield sustained positive outcomes for the government.
By Dan Chenok, Margaret Graves
May 11, 2021
Last week, the Office of Management and Budget issued new guidance regarding priorities and processes for agencies to submit proposals for the Technology Modernization Fund that support the American Rescue Plan Act. The guidance provides important insights on how the TMF can be leveraged to address mission objectives.
The TMF’s allocation of $1 billion under the ARP links technology investment to the broad set of modernization needs in agencies, with the OMB guidance focused on four critical areas that also connect with other key funding priorities in the ARP: