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working capital fund

DoD/News/Press Releases/Wash100
DoD’s FY 2020 Financial Audit Reports 530 Resolved Issues; David Norquist Quoted

The Department of Defense's (DoD) fiscal year 2020 audit of financial statements has found that its organizations resolved 530 findings from the FY 2019 audit and addressed challenges despite COVID-19 disruptions. Four

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by Brenda Marie Rivers
November 17, 2020
DoD/Government Technology/News/Press Releases
Seven Federal Agencies Respond to Sen. Maggie Hassan’s IT Modernization Inquiry

Sen. Maggie Hassan (D-N.H.) asked 10 federal agencies in June about their efforts to modernize their legacy information technology systems and seven of those agencies responded. The Department of Defense (DoD), Small Business

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by Jane Edwards
August 24, 2020
Government Technology/News
Admin Officials on Agencies’ Individual Working Capital Funds for IT Upgrades

The Modernizing Government Technology Act passed in 2017 requires federal agencies to come up with internal working capital funds to support information technology modernization initiatives and administration officials said agencies are having

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by Jane Edwards
November 21, 2019
News
DISA’s Contracting Arm to Reduce IT, Telecom Acquisition Service Fee in October

The Defense Information Systems Agency’s contracting arm will reduce the fee it charges to clients for enterprise procurement services by start of fiscal year 2020. DISA said Monday that the Defense Information Technology Contracting

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by Jane Edwards
June 18, 2019
News
Lisa Hershman: DoD Eyes Category Management, Logistics to Find Savings in FY 2019

Lisa Hershman, acting chief management officer of the Department of Defense, told Defense News in an interview published Friday that DoD is focusing on five key initiatives to find greater savings in fiscal

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by Jane Edwards
February 11, 2019
Government Technology/News
Lawmakers Urge Sens. Ron Johnson, Claire McCaskill to Mark Up Federal IT Modernization Bill

Four senators have asked Senate Homeland Security and Governmental Affairs Committee Chairman Ron Johnson (R-Wisconsin) and Sen. Claire McCaskill (D-Missouri), the committee’s ranking member, to mark up a bipartisan bill that would

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by Jane Edwards
May 30, 2017
Government Technology/News
House OKs Modernizing Government Technology Act

The House on Wednesday passed by a voice vote a bipartisan bill that would authorize federal agencies to create their own working capital funds to update their information technology systems, Nextgov reported Wednesday.

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by Jane Edwards
May 19, 2017
News
CBO: House’s Government IT Modernization Bill to Cost $9B from 2017 to 2021

The Congressional Budget Office has said a House bill that would set up new budget accounts to fund updates to federal information technology systems would cost $9 billion to implement over five years, a figure

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by Jane Edwards
December 6, 2016
Government Technology/News
House Bill Seeks to Establish Agency Working Capital Funds for IT Modernization

House lawmakers have introduced a bipartisan bill that would authorize federal agencies to create their own working capital funds to update their information technology systems, Nextgov reported Thursday. Rep. Will Hurd (R-Texas)

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by Jane Edwards
July 15, 2016
News
CBO: DoD’s Operations & Maintenance Spending Rose 47% From 2000 to 2012

A new Congressional Budget Office report says the Defense Department’s operation and maintenance funds for DoD-wide programs and agencies rose 7 percent from 1980 through 2000 and 5 percent between 2001 and 2015. CBO

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by Jane Edwards
July 5, 2016
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