The Office of Management and Budget is officially accepting submissions from agencies seeking funds to modernize their outdated technologies under the Modernizing Government Technology Act.
OMB issued its formal guidance Feb. 27 outlining how agencies should apply to receive money from the centralized modernization fund, housed by the General Services Administration, and how to navigate using their IT working capital funds.
“The [Technology Modernization Fund] and agency IT working capital funds represent years of hard work between the administration and Congress to address our technology modernization efforts and provide the necessary resources that will drive change needed to get us into the 21st century,” Federal CIO Suzette Kent, who officially assumed her role Feb. 27, said in a statement.
