MGT Act

SBA pushes forward with modernization under working capital fund

by • 5 months ago

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

by • 11 months ago

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

by • 1 year ago

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

by • 1 year ago

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

by • 1 year ago

It "boggles the mind" that additional legislative authority would be needed, GAO said.

The Small Business Administration is setting up an IT working capital fund

by • 2 years ago

The agency is among the first to get going on this new IT modernization project funding capability.

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