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Technology Modernization Fund Board Picks First Projects
NextGov: The Technology Modernization Fund Board has picked the first four projects to begin its $100 million investment experiment.
The board, tasked with managing the technology modernization fund created as part of the Modernizing Government Technology Act, received nine proposals from agencies hoping to get funding to upgrade critical legacy IT systems.
Federal CIO Suzette Kent, the board’s chair, said Sunday those nine proposals have been whittled down to four.
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