Within 24 hours of receiving its most substantial boost yet, the Technology Modernization Fund (TMF) awarded the Department of Labor $9.6 million to modernize its enterprise data infrastructure on Friday.
The announcement of the 11
th ever TMF project came the day after the fund received a $1 billion funding boost from the American Rescue Plan. That's a dramatic expansion for the fund, which has been getting appropriations of around $25 million.
"The news of the Technology Modernization Fund getting a $1 billion boost from the American Rescue plan couldn't have come at a better time" said David Shive, GSA Chief Information Officer and TMF Board member, in a General Services Administration announcement about the decision.