//
you're reading...
ACQUISITION & CONTRACTING, Civilian, Executive, FEATURED ARTICLES, Industry News, Media Outlet

There’s still hope for IT modernization funding

Before House lawmakers left last month to campaign for re-election, they passed the Modernizing Government Technology (MGT) Act, which combines elements of two previous proposals.

In his fiscal 2017 budget, President Barack Obama had requested a $3.1 billion IT Modernization Fund that agencies could apply to draw on to replace outdated, legacy technologies and accelerate the move to the cloud. Agencies would have to repay — and thereby replenish — the fund from the savings achieved through their modernization investments.

Source: There’s still hope for IT modernization funding — FCW

Discussion

No comments yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: