By the time i took this job in 2015, having come out of the private sector. All the loan funding had been obligated and my principle focus was to ensure we had the best possible oversight practices, one of the first things i did was hire an independent Consulting Firm to do a Risk Assessment of all the companies fresh. Our approach was driven by three unique challenges. First, the challenges coops have had should not be viewed as a co op problem. But as a Small Business startup problem in a very difficult industry. I hazard to say that all the Small Companies experience similar challenges. Co op and nonco op. While we were making loans with companies to 30 to 50 employees, they are competing with companies with multiple thousands of people and worth tens of billions of dollar s in capital. Trial and error is a part of creating success. In this situation, with the limited capital available, and competing against giants. The coops had very little room for error. Second, as mr. Cumaha the
Generating 46 million in proceeds. Beyond our brick and mortar infrastructure is our Information Technology infrastructure in which the government and the Global Economy depends. Reliable i. T. Is vital to all of the services the government provides. However, many agencies are not able to effectively have i. T. Infrastructure, emission writ call systems due to large upfront Capital Investment needs and increasing share of costs that maintaining these older systems occupy in technology budgets. To address these issues, the budget includes requests to establish a 3. 1 billion Information Technology fund, which would be used to retire and modernize legacy and Information Technology systems to improve Cyber Security and the delivery of services as well as reduce costs. In closing, gsa has made significant progress in fulfilling our mission to delivery the best value and Real Estate Acquisition and Technology Services to government and the American People. The president s fy2017 request wil
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