Government Matters (May 9, 2021)
New guidance from the Office of Management and Budget gives agencies opportunities to pay back the loans over time or, in some cases, not at all. Matthew Cornelius, Executive Director of the Alliance for Digital Innovation, said the minimal repayment option is beneficial because some very important, timely projects, such as cybersecurity improvements, might not generate cost savings. Cornelius said he applauds the Office of Management and Budget and the General Services Administration for the “simple and yet sophisticated” rule changes.
New Technology Modernization Fund repayment rules expand opportunities for cross-agency efforts