Federal Analysis
Congress Reauthorizes Technology Modernization Fund
March 19, 2026
Congress has reauthorized the Technology Modernization Fund (TMF) through the fiscal year ending September 30, 2026, ensuring continued federal investment in IT modernization projects across multiple agencies. This reauthorization allows the TMF to operate as a revolving fund, supporting multi-year initiatives that enhance federal IT systems, improve service delivery, strengthen cybersecurity, and generate cost savings for taxpayers. The TMF board, led by Federal CIO Greg Barbaccia and acting executive director Jessie Posilkin, will continue to evaluate and fund high-impact modernization proposals, enabling agencies such as USDA, VA, and HUD to advance critical technology upgrades.
- Why this matters: The TMF's reauthorization provides procurement professionals with ongoing opportunities to support federal IT modernization efforts, emphasizing scalable, secure, and efficient technology solutions.
- Agencies can leverage TMF funding to accelerate modernization projects that improve operational efficiency and cybersecurity posture.
- Contractors should align proposals with TMF priorities focused on service delivery improvements and cost-effectiveness to increase competitiveness.
- The revolving fund structure supports sustained multi-year contracts, encouraging long-term vendor partnerships and strategic planning.
Congress recently reauthorized the Technology Modernization Fund (TMF) through Sept. 30, 2026, enabling the TMF board to continue selecting the strongest proposals and recommending funding where it will deliver the greatest impact.
— Jessie Posilkin, Acting Executive Director, Technology Modernization Fund
Agencies
Technology Modernization Fund, U.S. Department of Agriculture, U.S. Department of Veterans Affairs, U.S. Department of Housing and Urban Development, House Oversight and Government Reform Committee
Locations
Sources
- Jessie Posilkin - Government Executive · Government Executive · Mar 16
- Congress reauthorized the Technology Modernization Fund through the fiscal year. Why that matters and whatβs next - Government Executive · Government Executive · Mar 16
- Jessie Posilkin - Washington Technology · Washington Technology · Mar 19