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TMF relaxes payback rules for security, IT modernization, pandemic response -- GCN

By Chris Riotta
May 06, 2021
Agency IT projects addressing urgent cybersecurity, pandemic response and IT modernization needs now have relaxed payback requirements for money drawn from the $1 billion addition to the Technology Modernization Fund (TMF) included in the American Rescue Plan Act.
The updated model will foster cross-agency collaboration and allow the TMF Board to focus on four proposal categories: modernizing high-priority systems, cybersecurity, public-facing digital services and cross-government services and infrastructure, according to a joint May 4 statement from the Office of Management and Budget and General Services Administration.
Under the updated model, agencies will no longer be required to provide a full repayment for certain projects, with partial repayment provisions provided for those with a strong positive impact that will yield some financial savings, according to a statement from Gerry Connolly (D-Va.), the chairman of the Govern ....

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The Cybersecurity 202: Lawmakers scramble for legislative solutions to a growing ransomware crisis

The Cybersecurity 202: Lawmakers scramble for legislative solutions to a growing ransomware crisis
washingtonpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from washingtonpost.com Daily Mail and Mail on Sunday newspapers.

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The Cybersecurity 202: Lawmakers want greater resources, authorities for CISA to protect critical infrastructure

They say the nation's top cybersecurity agency can't adequately protect key industries like the water and power. ....

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TMF payback rules relaxed for cyber upgrades, pandemic response -- FCW

By Chris Riotta

The federal government will relax payback requirements for projects addressing urgent cybersecurity, pandemic response and IT modernization needs that draw on the $1 billion addition to the Technology Modernization Fund (TMF) included in the American Rescue Plan Act.
In a joint statement, the Office of Management and Budget and General Services Administration announced on Tuesday that the updated model will foster cross-agency collaboration and allow the TMF Board to focus on four proposal categories, including modernizing high-priority systems, cybersecurity, public-facing digital services and cross-government services and infrastructure.
The TMF, a revolving fund of no-year money, was established in 2017 but its capitalization spiked from $150 million to more than $1 billion with the passage of the Rescue Act this March. The fund was created with strict reimbursement requirements to allow for continual funding of new projects. At a recent Sen ....

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Jack London remembered for dedication, leadership, business acumen -- Washington Technology

Jack London remembered for dedication, leadership, business acumen
Leaders across the government market are mourning the death of Jack London, long-time chairman and former CEO of CACI International.
London died Jan. 20 at the age of 83. He had been with the company since 1972 and a senior executive since 1981.
But beyond any official titles, London is being remembered for his integrity and dedication to his company. And even more so to the government customers CACI served, particularly in the national security arena.
“He always kept the men and women who serve and sacrifice for our nation as foremost in his thoughts and actions,” said David Wennergren, a former CACI executive and now president of the American Council for Technology and Industry Advisory Council (ACT-IAC). ....

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