The Technology Modernization Fund has saved little — but big savings are expected later — GAO finds
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July 23, 2026 01:51 PM ET
The head of GSA — which administers the TMF — argued that the GAO report understates the benefit of the program because it distinguishes between cost savings and cost avoidance.
Agency projects financed by the Technology Modernization Fund have only realized about $13.5 million in savings through June 2025, according to a Government Accountability Office report released Thursday, but the program is expected to eventually yield roughly $1.06 billion.
Between fiscal year 2018 and 2025, TMF has spent $1.03 billion on 68 unclassified projects across 40 agencies. Of that total, 24 projects expect to eventually yield savings totaling about $1.06 billion, 37 did not expect to yield savings and seven were cancelled before June 2025, GAO found.
Over half of those estimated savings — $578.76 million — are expected to come from the Department of Agriculture’s Network Modernization. The...
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