Elizabeth Cain, formerly a financial management analyst at the General Services Administration’s office of the chief financial officer, has been named executive director of the Technology Modernization Fund, Fedscoop reported Tuesday.
GSA Administrator Emily Murphy, a 2018 Wash100 recipient, announced the appointment Tuesday during a hearing of the House Appropriations Committee’s financial services and general government subpanel.
The TMF executive director will help oversee the technical, business and fiscal assessments of the proposals to ensure “the dollars spent come back with a return on investment, that they’re able to repay the fund and continue that cycle of reinvesting,†Murphy told the committee.
The appointment came a month after the Office of Management and Budget named seven members to the TMF board that will review project proposals from federal agencies seeking to get funds through TMF, which was created as part of the enactment of the Modernizing Government Technology Act.
