Technology Modernization Fund Reauthorization Excluded from NDAA, Threatening Government Tech Projects
The Technology Modernization Fund (TMF), a crucial financial resource for U.S. government technology projects, was not included in the final text of the National Defense Authorization Act (NDAA). This exclusion leaves the future of the TMF uncertain, as its authorization is set to expire soon. The TMF, established in 2017, supports long-term modernization projects that do not align with the annual appropriations cycle. Without reauthorization, approximately $160 million in funding will be frozen, affecting new investments. The General Services Administration (GSA) and the Office of Management and Budget have been advocating for the fund's continuation, emphasizing its role in saving work hours and delivering cost savings. The House Oversight and Reform Committee plans to address the reauthorization in the new year.