Management and Budget Office: 50 projects totaling over $ 500 million
This story is part of an exclusive look at projects funded by the Technological Modernization Fund. To view the other stories in this series, use the main navigation page.
What impact have TMF loans had in the past one to two years?
The Technology Modernization Fund is an innovative tool that enables IT modernization across the federal government. The TMF has funded projects for modernize legacy systems, accelerate the adoption of commercial capabilities and support the development and use of shared services among federal agencies. One example is the Department of Labor’s Work Certificate Processing Modernization Project which highlights the impact of TMF. This project digitizes a visa-on-paper labor certification process with modern and efficient “e-certification”. The modernization project also creates a shared data center that improves interagency collaboration and communications. The combined focus on data and digital strategy enables significant operational improvement in the quality, consistency and availability of mission-focused data for unions and their partner federal agencies.
How often do the TMF Board of Directors and OMB receive project updates?
TMF-funded projects provide quarterly updates to the board. In addition, the TMF program management office often communicates more frequently with the agency’s project team. The most significant trend emerging from these quarterly reviews is the importance of business and technology leaders working together to address modernization issues.
So far, how much money has been repaid on TMF loans?
Federal projects funded by the TMF repay loans in accordance with their approved project plans. When an agency repays TMF funds, those funds are then returned to the TMF program to be made available for reinvestment in future modernization efforts approved by the board. The TMF Board of Directors continues to review and approve investment projects. The latest project allocates $ 15 million to Customs and Border Protection (CBP) to modernize the agency’s 30-year-old collection tool, the Automated Trade System. This system is the last remaining mainframe system of CBP and operates on 3.9 million lines of COBOL code. Modernization not only improves the long-term supportability of the system, but also gives CBP the ability to better fulfill its mission.
Does the OMB or the board have any concerns regarding the repayment of TMF loans?
No – each project proposal is considered, in part, on its ability to repay the loan. As part of the proposal process, federal agencies also agree to repay the loan. The TMF Program Board and Management Office communicate frequently with each approved project team, helping to identify possible future issues. If the agencies feel they need to adjust the amounts or the repayment schedule, they can seek Board approval. In addition, administrative mechanisms are in place that would allow the TMF to recover allocated funds that an agency could not have reimbursed.
How do the board and OMB share these lessons?
For an agency to receive funds from the TMF, each project is required to produce a “playbook” at the end of its modernization effort. The playbook also encompasses a variety of perspectives and lessons learned from the modernization project. Knowledge is also shared through the TMF Project Management Office team who consults with agencies preparing to make a new proposal to the board, through other TMF board members who are themselves. same federal information officials, and through forums such as the CIO Council.
How many projects has the Council considered for possible loans in the past two or more years?
Federal agencies have submitted more than 50 project proposals, totaling over $ 550 million, to the TMF Board of Directors. The board approved 10 of these proposals. Each the project proposal represents a transformative modernization effort that has unique technical, financial and mission-oriented goals that the Council must consider. TMF’s Board of Directors evaluates every single project proposal using the open, transparent and fair process shared online at tmf.cio.gov.