Technology Modernization Fund: Small Savings Achieved So Far, but Substantial Future Savings Expected
What GAO Found The Technology Modernization Fund (TMF) invests funding in agency projects to, among other things, modernize aging federal information technology (IT) systems. From fiscal years 2018 through 2025, the TMF received over $1 billion in net appropriations, of which the Technology Modernization Board invested about $1.03 billion in 68 unclassified projects (see figure). As of June 2025 (the latest data available at the time of this analysis), 24 TMF projects expected to achieve total s
Record details
Published: 23 July 2026
Source: US GAO Reports
Category: Policy
Topics: Finance, VC & PE
Retrieved: 25 July 2026
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ethics.ai (23 July 2026), “Technology Modernization Fund: Small Savings Achieved So Far, but Substantial Future Savings Expected,” evidence record 13164, https://ethics.ai/record/13164 (originally published by US GAO Reports).
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