“OMB released new guidance to agencies today for how the board will loan out the windfall funding Congress approved in the American Rescue Plan.
‘The TMF enables multi-year transformational projects by ensuring federal agencies have resources that exist throughout the lifecycle of modernization. We plan to use these resources to enable the federal government to better respond to SolarWinds and the COVID-19 crisis, and to support the economic recovery,’ said Federal Chief Information Officer Clare Martorana in a release…”
“Through the TMF funding, OMB told agencies to focus their proposals on four main areas: cybersecurity, high priority systems, public facing systems and the move to shared services.
Matthew Cornelius, the executive director of the Alliance for Digital Innovation, an industry association, and a former senior technology and cybersecurity advisor at OMB, said in an email to Federal News Network that priority investment areas make sense.
‘This new process creates a real multi-dimensional chess game for agencies. They must figure out what projects they have that they would like funded, if and how they fit in the new categories and in some form of repayment bucket, and then if they go to the TMF versus working through the normal budget and appropriations process,’ he said. ‘The fact is that OMB and the TMF board should already have a list of key priority areas developed over the past 15 months where they want to see this money, specifically, be put to use. Where that means agencies submit their own proposals, great – but there has to be a more aggressive top down push from the White House to bring agencies to the table to solve some of these governmentwide IT and cybersecurity issues made evident in the priorities.’…” Read the full article here.
Source: OMB tells agencies how they can win some of the $1B in the Technology Modernization Fund – By Jason Miller, May 4, 2021. Federal News Network.