From time to time GovEvents will come across information we feel our members and audience would benefit from. Here's something we wanted to share:
The Modernizing Government Technology (MGT) Act became the law of the land on Dec. 21, when President Trump signed it into law as part of the National Defense Authorization Act (NDAA). This is the much-vaunted revolving capital fund-cut out of the original FITARA bill in committee-that establishes a central bucket of money at the Office of Management and Budget (OMB), managed by the General Services Administration (GSA), for Feds to modernize legacy IT systems. Great idea when you consider that the Government Accountability Office (GAO) tells us Uncle Sam owns 777 supply chain systems and over 600 HR systems-and in light of the fact that we spend 80 percent of the $80-120 billion annual IT budget on life support for geriatric systems that should long since have been euthanized...
Show Me the Money.
However, while MGT is now the law, what does it really mean? This is an interesting question. Recent talk of MGT has trumpeted the $500 million central revolving capital fund-exciting, but a long step down from the $3.1 billion IT modernization piggy bank originally attached to FITARA. That said, it's significant to note that while the MGT Act made it into law, appropriators sat on their hands. Yes, believe it or not, there's no funding for MGT at this time. And, interestingly, there's a discrepancy between the bill, that authorizes $250 million each year in FY18 and FY19, and President Trump's budget request for MGT FY18, which was $228 million.
So, MGT NBD? Absolutely not. And, here's why... Continue reading