MGT Act
The pandemic isn’t the only thing pushing CIOs to modernize IT
Many needs predate the global crisis, according to the Professional Services Council, and will need attention moving forward.
SBA pushes forward with modernization under working capital fund
The SBA has a $6 million working capital fund it's using to support seven ongoing IT modernization projects.
Watchdog predicts ‘ongoing challenges’ collecting administrative fees for TMF
GAO has doubts about whether the TMF will be able to recover operating expenses; OMB says don't worry.
Senate spending bill doesn’t include TMF funding
The House version of the bill, which passed in June, includes $35 million for the revolving fund.
Will Hurd won’t seek reelection in 2020
He'll look for other opportunities to "solve problems at the nexus between technology and national security."
Most agencies still don’t have MGT Act-enabled working capital funds
It "boggles the mind" that additional legislative authority would be needed, GAO said.
