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OMB Guidance (M--18-12) on Implementation of the Modernizing Government Technology Act

 

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Abstract

 The MGT Act was enacted as part of the Fiscal Year 2018 National Defense Authorization Act (NDAA) on December 12, 2017. 1 The MGT Act has two primary provisions that address agency information technology (IT) modernization needs:

  1. The establishment of a centralized Technology Modernization Fund (TMF) and Technology Modernization Board (Board); 2 and
  2. The authorization for all CFO Act agencies3 to establish IT Working Capital Funds4 (WCFs).

 

This memorandum provides guidance to all agencies regarding the necessary planning for upcoming TMF activities, including the initial process for submitting project proposals to the Board, additional guidance to ·CFO Act agencies5 regarding the administration and funding of IT WCFs, and where to find additional information on topics such as disbursement and repayment process for the TMF funds.

1

Document Date: 
Feb 27, 2018
 
Author (organization): 
U.S. Office of Management and Budget
 
Document type: 
Law, Regulation, or Policy
 
Interests: 
Acquisition
Technology Management