The Technology Modernization Fund could get a $1 billion cash infusion if the Senate stimulus bill becomes law. The language of the bill includes some structural changes to the fund too.
- Alan Thomas, Former Commissioner of the Federal Acquisition Service at GSA, said he thinks the bill is “reasonably well-written” and that the most important part is the money itself.
- While there is debate as to whether to keep the current model, in which agencies have to pay back the money, or switch to a more traditional model, Thomas believes the payback model should stay, as it encourages accountability and sound business cases.
- Thomas said he thinks there is enough demand for the money and that the TMF board would be able to take on higher capacity, especially if it focuses on a few large projects instead of many small projects.