Agencies could apply to use part of the $3 billion through fiscal 2022 specifically for "technology-related modernization activities to prevent, prepare for, and respond to coronavirus."

GAO has doubts about whether the TMF will be able to recover operating expenses; OMB says don't worry.

The House version of the bill, which passed in June, includes $35 million for the revolving fund.

If the past year is any indication, there are a few items the federal IT community should be closely watching when the budget request drops.

This is now the seventh modernization project to receive TMF funding, bringing the grand total awarded to $90 million of the $100 million appropriated for the fund in fiscal 2018.