The White House’s proposed fiscal 2018 budget includes $228 million for a central fund to support updates to the federal information technology infrastructure, Federal News Radio reported Monday.
The Office of Management and Budget and the General Services Administration will manage the IT Modernization Fund that would serve as a “proof of concept†in which an interagency board of experts will assess business cases and decide on IT projects that need funding.
“Assuming a five-year repayment, we believe the fund will help address about $800 million in modernization projects over 10 years,†said a senior official with OMB.
“We are looking for things that could be common platforms, that multiple agencies have similar needs and things that are not putting all the eggs in one basket when it comes to the fund,†the official added.
The official said some of the agency projects that ITMF could support include help desk consolidation, initiative to facilitate email migration to the cloud and IT programs that cost between $3 million and $5 million, the report added.
