Department of the Treasury

Fiscal Service

FY 2022 

Capital Investment Plan
Table of Contents

Major IT Investments ....................................................................................................... 4

Agency Accounting Services (AAS) ........................................................................................... 4

Automated Standard Application for Payments (ASAP)............................................................. 5

Central Accounting Services (CAS)............................................................................................ 7

Data Services ............................................................................................................................... 8

Debit Gateway ........................................................................................................................... 10

Debt Collection Services (DCS)................................................................................................ 11

Do Not Pay (DNP)..................................................................................................................... 13

Electronic Check Processing (ECP)........................................................................................... 14

Fiscal IT Application ................................................................................................................. 15

Fiscal IT Data Center/Cloud ...................................................................................................... 16

Fiscal IT Delivery ...................................................................................................................... 17

Fiscal IT End User ..................................................................................................................... 18

Fiscal IT Management (ITM) .................................................................................................... 18

Fiscal IT Network ...................................................................................................................... 19

Fiscal IT Platform ...................................................................................................................... 20

Fiscal IT Security and Compliance (ITSEC)............................................................................. 21

International Treasury Services (ITS.gov)................................................................................. 22

Invoice Processing Platform (IPP)............................................................................................. 23

Over the Counter Channel Application (OTCnet)..................................................................... 24

Pay.gov....................................................................................................................................... 25
Payment Services (PS)............................................................................................................... 27

Post Payment Services............................................................................................................... 28

Retail Securities Services (RSS)................................................................................................ 30

Revenue Collections Support Services (RCSS)......................................................................... 31

Stored Value Card (SVC) .......................................................................................................... 32

Tax Collection Services (TCS).................................................................................................. 33

Wholesale Securities Services (WSS) ....................................................................................... 35
Major IT Investments

Agency Accounting Services (AAS)

Description:

AAS includes Oracle e-Business Suite, PRISM, WebTA, PAWS, moveLINQ, and BFEM. This 

investment serves as the core system for providing administrative support to agencies subscribed to 

Fiscal Service Federal Shared Service Provider offerings.

Investment Obligations: (In Millions of $):

Type

FY2020 

Actual 

Obligations

FY2021 

Estimated 

Obligations

FY2022 

President's 

Budget

Change in 

$ % Chang e

Sub -Total DME Obligations (Including 

Internal labor (Govt. FTE)) 2.40 6.56 2.70 - 3.86 - 58.88%

Sub -Total O&M Obligations (Including 

Internal Labor (Govt. FTE)) 33.99 33.77 34.45 0.68 2.00%

Total Obligations 36.39 40.33 37.15 - 3.19 - 7.90%

Purpose, Accomplishments, Future Objectives:

Agency Accounting Services (AAS) is supported by Oracle e-Business Suite, PRISM and WebTA 

systems, and also includes BFEM, PAWS and moveLINQ. This investment serves as the core system 

for providing administrative support to agencies subscribed to Fiscal Service's Shared Service Provider 

offerings. The use of a common platform and utilization of common resources eliminates duplication 

of effort leading to cost reduction and increased efficiencies within the federal government. The system 

enables financial management of budget execution, purchasing, accounts payable, accounts receivable, 

disbursements, fixed assets, project accounting, inventory and order management, and employee time 

and attendance data. Revenue enhancement will occur through economies of scale as new customers 

are added to this platform. There are no dependencies between this investment and other investments. 

Continuing initiatives include the implementation of business intelligence tools (Oracle 

Analytics/Hyperion) to provide better reporting capabilities for our customers. AAS will continue to 

evaluate potential upgrades within the shared instance and manufacturing instance within Oracle for 

future implementation.

FY 2020 accomplishments include:

• Successfully implemented 48 Robotics Process Automations (RPA). 

• Implemented organizational/governance structure in relation to RPA.

• Implemented enhancements and new functionality for EOR to add upgrades and improvements 

as well as replacement of forms that used outdated technology. 

FY 2021 and beyond objectives:

• Implement a Data Warehousing/Data Analytics/Business Intelligence Reporting that will help 

handling large amounts of unstructured data to help identify, develop and otherwise create new 

strategic business opportunities.
• Evaluate applications which will provide workflow management capabilities for both business 

and technology related processes. 

• Evaluate and enhance budget formulation services for existing and potential customers. 

• Complete planning for the Discovery phase of various new customer implementation projects. 

• Complete planning for the implementation phase of various new customers. 

• Support activities associated with Financial Innovation and Transformation (FIT) Office's 

Federal Integrated Business Framework (FIBF). 

• Work with Office of Shared Services to evaluate and improve contract vehicles for customer 

onboarding and ongoing support needs. 

• Develop a plan to implement system enhancements in support of platform only customers as a 

result of lessons learned with cabinet level agencies. 

• Implement BFEM technical modernization, including efforts for the technology to be 

accessible to people with disabilities in support of Section 508 Compliance.

• Expand upon initial implementation of Robotics Process Automation.

Automated Standard Application for Payments (ASAP)

Description:

ASAP is a recipient-initiated electronic payment and information system used to make federal grant 

payments issued by federal agencies and reimbursements to financial agents for financial services on 

behalf of the government for debit cards program.

Investment Obligations: (In Millions of $):

Type

FY2020 

Actual 

Obligations

FY2021 

Estimated

Obligations

FY2022 

President's 

Budget

Change in 

$ % Change

Sub -Total DME Obligations (Including 

Internal labor (Govt. FTE)) 3.42 3.69 3.83 0.14 3.78%

Sub -Total O&M Obligations (Including 

Internal La bor (Govt. FTE)) 7.92 7.66 8.60 0.94 12.29%

Total Obligations 11.34 11.35 12.43 1.08 9.52%

Purpose, Accomplishments, Future Objectives:

Consistent with the Fiscal Service and Treasury missions, ASAP is a recipient-initiated electronic 

payment and information system used to make: federal grant payments; reimbursements to financial 

agents for services performed on behalf of the government; and authorized benefit disbursements to 

states. It is a shared service provider. The Federal Reserve Bank, Treasury's fiscal agent (12 U.S.C. 

391), develops and operates ASAP under Fiscal Service's direction. FY 2020, ASAP had 15,798 users 

and made payments totaling over $1 Trillion, which includes stimulus efforts (FY ending September 

30, 2020). Primary beneficiaries of the investment include states, Financial Institutions, Universities, 

non- and for-profit organizations, Indian Tribal organizations, Federal Program Agencies (FPAs) and 

the Fiscal Service. As stakeholders, users receive direct benefit from using the system for payment 

and/or reporting/information services. ASAP supports the Fiscal Service, Treasury, and user FPAs' 

abilities to exercise sound financial management practices and controls. ASAP's primary function is to 
make payments electronically via Automated Clearing House (ACH) and Fedwire. Its real-time 

interface with these systems provides next-day and same-day payments to recipients as well as 

provides immediate financial information to recipients, FPAs and Treasury, to enable informed 

decision-making. ASAP supports grant payment needs of FPAs through account management features 

that address federal cash management regulations such as the Cash Management Improvement Act of 

1990, Debt Collection Improvement Act of 1996, and Public Law 106-107 (Federal Financial 

Assistance Management Improvement Act of 1999). FPAs streamline the administration of grant 

payment processing by using ASAP’s business processes and cash management functions. ASAP was 

selected by the Chief Financial Officer (CFO) Council as one of two approved grant payment systems. 

Design efficiencies and robust functionality eliminates the need for redundant payment systems. ASAP 

management is dedicated to CPIC best practices, ensuring effective use of taxpayer dollars. An earned 

value management system is used to measure the project performance and certified project managers 

employ sound practices to manage development, production, and control activities.

FY 2020 accomplishments include: 

• Developed an application dashboard that significantly improved Help Desk and system 

analysts at all levels to rapidly query and retrieve user and organizational information to 

resolve user challenges across ASAP core functions (enrollment, account maintenance, 

banking info status). 

• In support of CASH forecasting request, developed new reporting that significantly improved 

transparency into ASAP 1031 Fedwire payments which account for over 75% of ASAP 

payments. 

• Developed a bulk recipient enrollment capability to support federal agency migration to ASAP 

as their grants payment application. Supported over 4,300 new enrollments in July 2020. 

• Continued to address technical debt of existing online reports and implement new reports. 

• Supported all production efforts and required infrastructure upgrades. 

FY 2021 objectives include: 

• Implement new Same-Day ACH payment window to support Pacific Time Zone customers. 

• Implement identity assurance changes to enforce 2-factor authentication for federal agency 

users in compliance with HSPD-12. 

• Complete ASAP inquiry and reports modernization to allow ASAP to migrate from 

WebFocus. 

• Address pre-execution tasks to support implementation of CAIA user provisioning 

implementation in FY 2022. 

For FY 2021 and beyond, development and operations objectives will predominately include and focus 

on system enhancements and modernization. These initiatives include interfacing with external systems 

to improve system efficiency, customizable information reporting for Federal Program Agencies 

(FPAs), system notification enhancements, and compliance with ISO 20022, the ISO standard for 

electronic data interchange between financial institutions. ASAP will also continue supporting stated 

benefits, all production efforts, required infrastructure upgrades, and enrolling new FPAs.
Central Accounting Services (CAS)

Description:

CAS provides a central point and location for all government-wide accounting data and reports within 

Fiscal Service. CAS produces reports essential to the federal government using GFRS, GTAS, DIMS 

and FCAS systems. CAS also includes systems (IPAC and G-Invoicing) that monitor the transfer of 

funds from one agency to another with standardized descriptive data. Additionally, CAS includes 

CARS which enables close monitoring of the government's monetary assets and liabilities.

Investment Obligations: (In Millions of $):

Type

FY2020 

Actual 

Obligations

FY2021 

Estimated

Obligations

FY2022 

President's 

Budget

Change in 

$ % Change

Sub -Total DME Obligations (Including 

Internal labor (Govt. FTE)) 8.11 12.59 11.36 - 1.23 - 9.78%

Sub -Total O& M Obligations (Including 

Internal Labor (Govt. FTE)) 77.55 85.35 87.09 1.74 2.04%

Total Obligations 85.66 97.94 98.45 0.51 0.52%

Purpose, Accomplishments, Future Objectives:

Central Accounting Services (CAS) provides Fiscal Service with the systems necessary to advance 

informed decision-making and improve government effectiveness by providing timely, reliable and 

transparent financial services and information. It also instills confidence and promotes reliance on 

federal government accounting and reporting. CAS includes systems such as Central Accounting and 

Reporting System (CARS), Division of Infrastructure Management Services (DIMS), CASH TRACK, 

Foreign Currency Accounting System (FCAS), Government-wide Treasury Account Symbol (GTAS), 

Governmentwide Financial Reporting System (GFRS), and Intra-Governmental Payment and 

Collection (IPAC) . It provides a central point and location for all government-wide accounting data 

and reports within Fiscal Service, including the Daily Treasury Statement (DTS), Monthly Treasury 

Statement (MTS), Schedules of Federal Debt, and the Financial Report (FR) of the United States 

Government. It also records investment and borrowing activity for government agencies.

The investment looks to improve reporting capabilities to advance Treasury initiatives for financial 

reporting, cash management, and management of securities. CAS also provides a foundation for future 

modernization efforts with a central accounting system founded on standard financial terms and 

formats that directly supports and enables Fiscal Service data transparency efforts and the President's 

Open Government Initiative. 

FY 2020 accomplishments include: 

• Completed and Implemented GTAS functionality as prioritized by the Product Owner needed 

to collect and finalize agency closing package data for the Financial Report of the U.S. 

Government. 

• Completed and Implemented Release of enhancements related to settlement and release 3.0. 

• Completed and deployed enhancements for Governmentwide roll-out of order functionality; 

develop updated specifications for invoice and performance; conduct user centered design 

sessions. 

• Improved continuous delivery pipeline, including matured test automation, automated 

deployments and built-in security testing.
• Completed CARS functions as prioritized by the Product Owner to support replacement of all 

Authority and Agency transaction processing and classification functions. 

• Continue replacement of the current CARS framework to remediate potential security 

vulnerabilities.

FY 2021 and beyond objectives include: 

• Complete activities to rewrite the Agency Transaction Module of Central Accounting 

Reporting System (CARS) (Release 3.0). 

• Implement planned Financial Report (FR) Corrective Actions to achieve auditability of the FR, 

inclusive of the General Fund. 

• Support Fiscal Service efforts to transition remaining agencies to daily CARS reporting. 

• Complete final steps in decommissioning Governmentwide Financial Report System (GFRS). 

• Further leverage Governmentwide Treasury Account Symbol (GTAS) data to reduce agency 

reporting burden

• Implement tactics to improve efficiency and decrease routine agency inquiries. 

• Upgrade to Oracle e-Business Suite release 12.2.7 to support G-Invoicing functionality. 

• Complete development and deploy the G-Invoicing solution to reduce buy/sell 

intragovernmental differences.

• Continue replacement of the G-Invoicing framework to remediate potential security 

vulnerabilities. 

• Develop complete end-to-end mappings of cash information flowing through to the DTS 

(2021).

Data Services

Description:

Data Services combines USAspending.gov, Financial Information Repository (FIR) and Data 

Transparency. USASpending fulfills certain requirements of the Federal Funding Accountability and 

Transparency (FFAT) Act of 2006 and Digital Accountability and Transparency (DATA Act) of 2014. 

The Financial Information Repository (FIR) also includes capabilities for Enterprise Products and 

Services, and Business Intelligence and Data Analytics (BIDA).

Investment Obligations: (In Millions of $):

Type

FY2020 

Actual 

Obligations

FY2021 

Estimated

Obligations 

FY2022 

President's 

Budget

Change in 

$ % Change

Sub -Total DME Obligations (Including 

Internal labor (Govt. FTE)) 16.63 8.29 8.40 0.11 1.38%

Sub -Total O&M Obligations (Including 

Internal Labor (Govt. FTE)) 16.74 25.00 26.04 1.04 4.16%

Total Obligations 33.37 33.29 34.44 1.16 3.47%
Purpose, Accomplishments, Future Objectives:

The Federal Funding Accountability and Transparency Act of 2006 (FFATA) was signed into law on 

September 26, 2006. The legislation required that federal contract, grant, loan, and other financial 

assistance awards be displayed on a publicly accessible and searchable website to give the American 

public access to information on how their tax dollars are being spent. Through the USAspending 

website and supporting services, the Bureau of the Fiscal Service delivers on Treasury’s strategic goal 

to increase access to and use of federal financial data in order to strengthen government-wide decisionmaking and accountability through data transparency. This work seeks to provide the public and 

federal agencies with access to a greater range of financial data. The implementation of the DATA Act 

requirements is nearly completed, but the work of federal spending transparency and accountability 

continues. The Office of Data Transparency at Fiscal Service continuously improves data quality and 

usability and looks for ways to draw value and insights from federal spending data. To support the 

Federal Financial Management vision, the FIR provides timely, reliable, secure, and consumable data 

to authorized federal users and the public. The web-based application promotes transparency, increases 

accountability, facilitates better decision-making, and improves operational efficiency. The FIR 

provides an single touch-point to centrally manage, analyze, and report on the financial data that the 

U.S. Treasury’s Bureau of the Fiscal Service (Fiscal Service) collects/receives. The FIR provides 

integrated financial management information across all Fiscal Service services and a robust Business 

Intelligence website that allows authorized users to analyze financial data trends, patterns, and other 

Business Intelligence concepts for improved decision-making. The centralized data is made available 

to Federal Program Agencies, OMB, Congress and public citizens. FIR employs financial management 

data standards to improve accessibility of financial management data for decision making and 

transparency reporting.

FY 2020 accomplishments include: 

• Completed high fidelity mockups for enhancements to both Advanced Search results and 

Agency Profile pages of USAspending.gov. 

• Developed a structure to improve performance with data growth and data quality of public data 

and strengthen DATA Act implementation. 

• Launched agency data dashboard, obtain feedback, and update with improvements. Issue a 

major DATA Act Information Model Schema (DAIMS) release. 

• Developed and issue Principles of Data Governance for the Fiscal Service. - Developed and 

internally published two data management and/or data quality policies for the bureau. 

• Launched fiscaldata.treasury.gov (FDTG. 

• Processed new Public datasets and buildout additional Central Accounting Reporting System 

(CARS) API connections. 

• Continued to modernize infrastructure/improve on technical debt including, upgrade Java 

Platform to Standard Edition 11 Development Kit, Update API framework to provide a more 

flexible and robust API to query data, Jenkins consolidation, logging improvements through an 

Elk Backup, upgrade FIR Public Postgres, and clean-up current Amazon Web Services (AWS) 

by coordinating with Smartronix. 

FY 2021 objectives and beyond include: 

• Automate the Metadata Repository. 

• Continue to work on improving data quality by implementing new versions of the DAIMS in 

the DATA Act Broker.

• Work on implementing Bureau-wide data strategy that leverages DATA Act data, as well as 

internal data, to improve Bureau operations and decision-making. 
• Work with the Office of the Fiscal Assistant Secretary, OMB, the CFO Council, and agency 

stakeholders to improve the quality of DATA Act data submitted to Treasury through policy 

changes and updates to the DATA Act Information Model Schema (DAIMS). 

• Complete integration of FIR program assets with the Data Transparency Organization. 

• Complete DMS Business Intelligence deliverables including DMS Branch KPI Dashboard, and 

Agency Relationship Management Scorecard.

Debit Gateway

Description:

The Debit Gateway receives check and ACH debit data from collection channels, determines best 

clearing method, creates/delivers entry presentment/origination files to payment mechanisms, and 

processes returned items.

Investment Obligations: (In Millions of $):

Type

FY2020 

Actual 

Obligations

FY2021 

Estimated

Obligations 

FY2022 

President's 

Budget

Change in 

$ % Change

Sub -Tot al DME Obligations (Including 

Internal labor (Govt. FTE)) 1.53 1.53 1.60 0.07 4.78%

Sub -Total O&M Obligations (Including 

Internal Labor (Govt. FTE)) 9.25 11.92 11.49 - 0.43 - 3.57%

Total Obligations 10.78 13.45 13.10 - 0.35 - 2.62%

Purpose, Accomplishments, Future Objectives:

The Debit Gateway is an application that processes electronic check and Automated Clearing House 

(ACH) debit transactions received from Fiscal Service collection channels and a handful of federal 

agencies, which result in the depositing of funds into the Treasury. It includes the ability to "decision" 

electronic check transactions whereby checks are converted to ACH debits or truncated and presented 

as image cash letters to optimize collectability and reduce unit clearing costs. It is built as a reusable 

service that can be utilized by other applications, so that these applications no longer need to present 

these transactions for settlement on their own. The Debit Gateway is designed to implement an 

enterprise architecture goal of having one (and only one) system per Fiscal Service business line. In 

this case, the business line is the settlement of electronic check and ACH debit transactions received 

via the collection channels on behalf of federal agencies, as opposed to each channel needing to 

provide settlement individually. The Debit Gateway benefits the Fiscal Service's mission of providing 

financial services, because a large portion of the government's revenue is received through this 

application. In addition, the Debit Gateway replaced a number of unnecessarily duplicative solutions in 

favor of a single, dedicated application for this business line. Also, the Debit Gateway benefits the 

Fiscal Service's mission of providing financial services to a large number of government agencies in an 

efficient and cost effective manner thus eliminating the need for redundant check/ACH clearing 

services offered by Financial Agents. Currently, the Debit Gateway processes transactions on behalf of 

multiple Fiscal Service collection channel applications: Pay.gov, OTCnet, Electronic Check Processing 

(ECP), and Agency Direct.
FY 2020 accomplishments include: 

• Debit Gateway had three releases to enhance the system and ensure all required processing 

changes from Check 21 and ACH are incorporated into the Debit Gateway. 

• Debit Gateway enhanced Incident Response and addressed resiliency gaps. 

• Assessed and implemented cyber security measures which includes encrypting account 

numbers in the database and purge transaction data history after 7 years. 

• Several releases had User Interface (UI) upgrades. The User Interface project will continue of 

the next few years

FY 2021 and beyond objectives include: 

• Debit Gateway will have three releases per year to enhance the system and ensure all required 

processing changes from Check 21 and ACH are incorporated into the Debit Gateway. 

• Continue the User Interface (UI) upgrade project. 

• Continue to enhance resiliency with the Disaster Recovery Exercise quarterly stay program. 

• Work to reduce technical debt.

Debt Collection Services (DCS)

Description:

DCS collects delinquent non-tax debt & tax via levy, prevents improper payments and strives to be 

fiscally responsible with federal funds. Systems covered in this investment include the CRS, CSNG, 

CTS, DUDE, ESKER/IDMS, TOP and TROR.

Investment Obligations: (In Millions of $):

Type

FY2020 

Actua l 

Obligations

FY2021 

Estimated

Obligations

FY2022 

President's 

Budget

Change in 

$ % Change

Sub -Total DME Obligations (Including 

Internal labor (Govt. FTE)) 6.53 5.26 5.54 0.27 5.15%

Sub -Total O& M Obligations (Including 

Internal Labor (Govt. FTE)) 22.84 32.41 31.44 - 0.97 - 2.99%

Total Obligations 29.38 37.68 36.98 - 0.70 - 1.85%

Purpose, Accomplishments, Future Objectives:

The Cross-Servicing (CSNG) program uses demand letters, Private Collection Agencies (PCAs), 

administrative wage garnishment, repayment agreements, and other collection tools to collect non-tax 

delinquent debt owed to the federal government. In addition to debt collection, the systems within the 

DCS portfolio allows Federal Government users to access data, view reports and provide requested 

information to debtors. The Treasury Offset Program (TOP) is a centralized offset program which 

collects delinquent debts owed to federal agencies and states. The Integrated Document Management 

System (IDMS) is also being reported under the DCS investment. IDMS provides customers Digital 

Document Storage and Retrieval, Digital Business Processes, and Records Management Solutions for 

the Fiscal Service internal customers. The DMS Universal Data Ecosystem (DUDE) is cloud based 

modern BI, Reporting, and Advanced Analytics platform on the AWS GovCloud commercial cloud. 

This modern, industry standard, data management platform will digitally transform the legacy 
Information Repository data warehouse. DUDE enhanced the ability of data analysts to leverage both 

relational and unstructured data to achieve greater insights to support data driven making to project, 

predict, and achieve delinquent debt collection targets.

FY 2020 accomplishments include: 

• CSNG programmed to put debts of creditor agencies on “hold” for collection activities due to 

the CARE S Act and COVID-19. • Supported the launch of streaming data into the DUDE.

• Concluded large stabilization efforts such as refinement of Administrative Wage Garnishment 

and updating system’s capability to manage multiple debtors on a single account.

• Gathered data from ex IDMS. 

• Decommissioned 2 physical servers and migrated to enhanced virtual servers infrastructure, 

new storage, more current and secure versions of the Windows Server O/S. 

• Doubled number of fax lines and migrated to enhanced digital telephony trunks for the fax 

service. 

• Established and tested switch over to Esker DR DB DUDE. 

• Received issuance of Authority To Operate (ATO). System went live on 7/20/20 with data 

ingested, processed, and curated from four (4) source systems (TOP, CSNG, CRS, TROR). 

• System integrated metadata management into the data ingest process which strengthens our 

data governance maturity posture. 

• System has first in class data streaming capability which allows for dynamic near real time 

reporting and visual System went live on 7/20/20 with data ingested, processed, and curated 

from four (4) source systems.

• TOP programmed to only offset debts not impacted by the CARES Act and COVID-19, i.e. 

child support.

• DPAS implementation – Implemented December 2019. 

• Returned Mail with the use of Rules Engine for ONI – Implemented on February 2020. 

• Returned Mail with the use of Rules Engine for Warning letters – Implemented on June 2020. 

FY 2021 and future objectives include: 

• CSNG Core Team will worked to implement the LINK module and Debtor Self Service (IVR 

and Web) modules for CSNG. CSNG Core Team will also work on implementing Contact 

Savvy, third party data integration and letters modernization. 

• IDMS/IBML Scanner Windows Upgrade: Upgrade Production scanning environment to a 

supported and more secure version of Windows server.

• IDMS Technical Refresh Development Environment: Perform technical refreshes on the 

development application server hardware, application server software, application and database

to supported versions. 

• IDMS Technical Refresh Preproduction Environment: Perform technical refreshes on the 

preproduction application server hardware, application server software, application and 

database to supported versions.

• IDMS Technical Refresh Production Environment.
Do Not Pay (DNP)

Description:

Do Not Pay Business Center (DNPBC) provides centralized access to data as well as analytical 

services to help detect and prevent improper payments. DNPBC is comprised of the DNP Portal and 

Data Analytics Services.

Investment Obligations: (In Millions of $):

Type

FY2020 

Actual 

Obligations

FY2021 

Estimated

Obligations

FY2022 

President's 

Budget

Change in 

$ % Change

Sub -Total DME Obligations (Including 

Internal labor (Govt. FTE)) 4.51 4.45 4.46 0.00 0.06%

Sub -Total O&M Obligations (Including 

Internal Labor (Govt. FTE)) 17.17 24.09 26.27 2.18 9.06%

Total Obligations 21.68 28.54 30.73 2.19 7.66%

Purpose, Accomplishments, Future Objectives:

The Do Not Pay Portal is used by agencies to verify information about potential recipients of federal 

payments or benefits. To the extent permitted by law, the Data Analytics Center employs data analytics 

to help federal and state users reduce the amount of improper payments made in federally-funded 

programs. The DNPBC (Do Not Pay Business Center) allows agencies administering federal programs 

to better utilize technology to access eligibility information through a single portal in a timely, more 

cost effective manner. The initial implementation allowed online interaction by program offices and 

contracting officers through a user interface to improve program decision-making. Since its initial 

launch, the investment added the capability to submit files for batch processing or to be continuously 

monitored in the Portal. The long-term strategic direction is to assist agencies in using database checks 

and analytics to identify improper payments through seamless integration into the Treasury payment 

stream. The DNPBC supports Fiscal Service's mission of promoting the financial integrity and 

operational efficiency of the U.S. government.

FY 2020 accomplishments include: 

• Rewrite the user interface for Batch Match in the Do Not Pay portal. (Release 6.1). 

• Rewrite the Continuous Monitoring module within the Do Not Pay user interface. (Release 

6.2). 

• Implementation of the Continuous Monitoring Application Programming Interface. (Release 

6.2). 

• Rewrite the Reports user interface in the Do Not Pay application. (Release 6.3). 

• Implementation of the Reports Application Programming Interface (Release 6.3). 

• Development of cloud-based long-term solution for development and analytical data 

processing platforms due to end of life/support of current database appliance working with our 

technology service partners. 

• Evaluation and implementation of additional payment streams, as appropriate and prioritized 

by the Product Owner and interfacing applications. 

• Implementation of Application Programming Interface with government agencies.

FY 2021 objectives include: 
• Continuous Integration with automated unit tests on code check-in and development builds. 

• Implementation of new architecture replacing specialized software with open source 

mainstream technologies.

• Rearchitecture of Payments User Interface. 

• Implement Payment Adjudication Application Programming Interface. 

• Enhance Whitelist management in the Do Not Pay application. 

• Automating Rules of Behavior checkbox in the Do Not Pay application. 

• Expanding data source Access Group Administration. 

• Implement IRS Death Data into the Do Not Pay Portal.

Electronic Check Processing (ECP)

Description:

The ECP (Electronic Check Processing) system facilitates and streamlines the check clearing process 

via Lockbox Networks. Checks written to the government will be electronically converted or truncated 

via Check 21 and settled by the Debit Gateway. The system is used by Federal agencies and their 

vendors, Financial Agents and Fiscal Agents.

Investment Obligations: (In Millions of $):

T y p e

FY2020 

Actual 

Obligations

FY2021 

Estimated

Obligations

FY2022 

President's 

Budget

Change in 

$ % Change

Sub -Total DME Obligations (Including 

Internal labor (Govt. FTE)) 2.53 3.34 2.09 - 1.26 - 37.56%

Sub -Total O& M Obligations (Including 

Internal Labor (Govt. FTE)) 5.16 7.83 9.28 1.46 18.60%

Total Obligations 7.69 11.17 11.37 0.20 1.79%

Purpose, Accomplishments, Future Objectives:

ECP is a pass-through application that allows batch processing of lockbox and mobile paper-based 

transactions, receiving check/remittance data and images and serves as a repository for agency research 

and reporting needs. ECP receives thousands of files per day from Financial Agents and forwards the 

items to Debit Gateway for settlement via ACH or Check 21. ECP is used by agencies, Financial 

Agents, Debit Gateway and ECP administration for reconciliation and balancing purposes, reporting, 

and item research. ECP improves transactional paper government collections, as measured funds 

availability provides cost savings to taxpayers and the federal government by eliminating paper check 

transportation and reducing settlement time with the following benefits: 

• Provides improved financial and remittance information to agencies. 

• Receives real-time data containing settlement and return information.

• Increases the speed of collections while decreasing the cost.

• Automates the preparation of settlement reporting and government wide remittance image 

repository access.

FY 2020 accomplishments include:
• Processing of 78,068,387 items with a total value of $426.1 billion. 

• Release 3.1.1 (maintenance, optimization) – November 2019. 

• Release 3.2 (Chrome Browser Support) – March 2020. 

• Release 3.2.1 (CSRF Remediation) – March 2020. 

• OHS 12C Upgrade – March 2020. 

• Release 3.2.2 & Release 3.2.3 (WebLogic Upgrade, production issue fix) – May 2020. 

• Release 4.0 (Oracle 19c Upgrade) – May 2020. 

• Release 4.1 (Functional) – August 2020. 

• Release 4.1.1 (patch release) – September 2020. 

• Successful 3 week extended stay Disaster Recovery exercise – October 2019. 

• Successful 1 day Disaster Recovery Exercise – August 2020. 

• ECP Table Top Exercise – August 2020. 

• Completed Annual ECP Security Assessment and achieved Authority to Operate (ATO) for 

2020.

Through February, the investment’s FY 2021 accomplishments included processing $113.9 billion and 

17,612,311 million transactions. Overall, ECP is trending steady due to projects remaining on schedule 

with no significant issues and production operations running stable. 

Other accomplishments include: 

• Implementing the necessary code to being able to purge records in accordance to the record 

retention schedule.

• Enabled monthly archiving job in October 2020.

• Completed Table Top Exercise – November 2020. 

• Successful extended stay Disaster Recovery exercise November 2020 – January 2021. 

• Onboarded Social Security Administration from Agency Direct to assist with COVID related 

backlogs. 

• Completed a proof of concept for future enterprise Common Approach to Identity Assurance 

integration to enable multi-factor authentication in ECP. 

FY 2021 future objectives include: 

• Patch Release 4.2.1 (IRS Tax Class ‘0’) – March 2021.

• Release 4.3 (Functional release/reporting) – June 2021. 

• Release 5.0 (CAIA Onboarding) – June 2021 – January 2022. 

• Complete annual ECP Security Assessment and achieve Authority to Operate (ATO).

Fiscal IT Application

Description:

A Fiscal Service IT infrastructure Standard Investment providing enterprise-wide shared application 

capability including application development, application support and operations, and business 

software expenditures. Also included are application resources shared across the enterprise (e.g., 

testing personnel, integrated development environments, and testing software).
Investment Obligations: (In Millions of $):

Type

FY2020 

Actual 

Obligations

FY2021 

Estimated

Obligations

FY2022 

President's 

Budget

Change in 

$ % Change

Sub -Total DME Obligations (Including 

Internal labor (Govt. FTE)) 0.00 3.91 0.00 - 3.91 - 100.00%

S u b -Total O&M Obligations (Including 

Internal Labor (Govt. FTE)) 23.42 0.00 0.00 0.00 0.00%

Total Obligations 23.42 3.91 0.00 - 3.91 - 100.00%

Purpose, Accomplishments, Future Objectives:

The Fiscal IT Application Standard Investment provides enterprise-wide shared application capability 

including application development, application support and operations, and business software 

expenditures. Also included are application resources shared across the enterprise (e.g., testing 

personnel, integrated development environments, and testing software).

In FY 2020, the Fiscal IT Application Standard Investment continued to provide support for an 

enterprise-wide shared application capability related to application maintenance and operations. In FY 

2021, the Standard Investment is providing DME support for preparing the enterprise application 

capability to utilize Cloud services and further application IT modernization.

Fiscal IT Data Center/Cloud

Description:

A Fiscal Service IT infrastructure Standard Investment for provisioning data center and cloud services 

with purpose-built facilities to securely maintain computer equipment as well as provide racks/cabinets 

and cabling, redundant power, data connectivity, environmental controls relative to temperature, 

humidity and fire suppression, physical security, and the personnel necessary to run and operate the 

facilities and infrastructure.

Investment Obligations: (In Millions of $):

Type

FY2020 

Actual 

Obligations

FY2021 

Estimated

Obligations

FY2022 

President's 

Budget

Change in 

$ % Change

Sub -Total DME Obligations (Including 

Internal labor (Govt. FTE)) 5.05 1.53 0.00 - 1.53 - 100.00%

Sub -Total O&M Obligations (Including 

Internal Labor (Govt. FTE)) 66.39 0.00 0.00 0.00 0.00%

Total Obligations 71.44 1.53 0.00 - 1.53 - 100.00%

Purpose, Accomplishments, Future Objectives:

The Fiscal IT Data Center/Cloud Standard Investment provides data center services to support Fiscal 

Service's IT infrastructure and users. The goal of the investment is to deliver exceptional programs and 
services through information technology strategies that establish flexible, adaptable, and practical 

services and processes while at the same time minimizing overall IT infrastructure expenses.

The accomplishment for the Fiscal IT Data Center/Cloud investment in FY 2020 was to continue 

providing data center services for the Fiscal IT infrastructure to support users. The investment enables 

Fiscal Service to improve results, manage IT resources effectively to accomplish the Bureau's mission, 

and deliver quality customer service. This leads to improved operational effectiveness, improved 

timeliness of investment information to investors, and increased opportunities in meeting the 

borrowing needs of the federal government. Also in FY 2020, the Standard Investment provided DME 

support to structure Cloud environments for Fiscal IT Cloud adoption. In FY 2021, the investment's 

objective is to continue providing DME support for implementing Cloud infrastructure environments 

for Fiscal IT Cloud adoption and further IT modernization.

Fiscal IT Delivery

Description:

A Fiscal Service IT infrastructure Standard Investment for providing an enterprise-wide shared IT 

services delivery capability. Delivery resources, products, and services shared across the enterprise, 

such as Project Management Office (PMO) personnel and account managers, are also included.

Investment Obligations: (In Millions of $):

Type

FY2020 

Actual 

Obligations

FY2021 

Estimated

Obligations

FY2022 

President's 

Budget

Change in 

$ % Change

Sub -Total DME Obligations (Including 

Internal labor (Govt. FTE)) 0.00 0.00 0.00 0.00 0.00%

Sub -Total O&M Obligations (Including 

Internal Labor (Govt. FTE)) 18.41 6.40 6.50 0.10 1.50%

Total Obligations 18.41 6.40 6.50 0.10 1.50%

Purpose, Accomplishments, Future Objectives:

The purpose and goal of the Fiscal IT Delivery Standard Investment is to provide an enterprise-wide 

shared delivery capability that includes enabling capabilities such as delivery resources, products, and 

services shared across the enterprise (e.g., PMO personnel and account managers) are included.

The accomplishment for the Fiscal IT Delivery Standard Investment in FY 2020 was to continue 

providing operations and maintenance support for an enterprise-wide shared delivery capability that 

includes enabling capabilities such as delivery resources, products, and services shared across the 

enterprise. In FY 2021, the objective for this Standard Investment remains the same, providing an 

enterprise-wide shared delivery capability.
Fiscal IT End User

Description:

A Fiscal Service IT infrastructure Standard Investment providing end user services including 

computing devices and support for end users and costs to build, manage, and run end user computing 

devices for the enterprise and deliver centralized support to end users.

Investment Obligations: (In Millions of $):

Type

FY2020 

Actual 

Obligations

FY2021 

Estimated

Obligations

FY2022 

President's 

Budget

Change in 

$ % Change

Sub -Total DME Obligations (Including 

Internal labor (Govt. FTE)) 0.00 0.30 0.00 - 0.30 - 100.00%

Sub -Total O&M Obligations (Including 

Internal Labor (Govt. FTE)) 35.17 21.03 21.34 0.32 1.50%

Total Obligations 35.17 21.33 21.34 0.02 0.07%

Purpose, Accomplishments, Future Objectives:

The Fiscal IT End User Standard Investment provides end user services to support Fiscal Service's IT 

infrastructure and users. The goal of the investment is to deliver exceptional programs and services 

through information technology strategies that establish flexible, adaptable, and practical services and 

processes while at the same time minimizing overall IT infrastructure expenses.

The accomplishment for FY 2020 and continued goal for FY 2021 in the Fiscal IT End User Standard 

Investment is to continue providing operations and maintenance support Fiscal IT infrastructure service 

users. The investment enables Fiscal Service to improve results, manage IT resources effectively to 

accomplish the Bureau's mission, and deliver quality customer service. This leads to improved 

operational effectiveness, improved timeliness of investment information to investors, and increased 

opportunities in meeting the borrowing needs of the federal government. Also, in FY 2021, the 

Standard Investment plans to provide DME support to implement a hardware related workspace 

management network redesign to further technology modernization.

Fiscal IT Management (ITM)

Description:

A Fiscal Service IT infrastructure Standard Investment comprised of Architecture and Engineering 

(EA), Capital Planning and Investment Control (CPIC), IT executive management and strategic 

planning, and IT finance services.
Investment Obligations: (In Millions of $):

Type

FY2020 

Actual 

Obligations

FY2021 

Estimated

Obligations

FY2022 

President's 

Budget

Change in 

$ % Change

Sub -Total DME Obligations (Including 

Internal labor (Govt. FTE)) 2.20 3.40 0.00 - 3.40 - 100.00%

Sub -Total O&M Obligations (Including 

Internal Labor (Govt . FTE)) 15.69 15.59 15.82 0.23 1.50%

Total Obligations 17.89 18.99 15.82 - 3.17 - 16.68%

Purpose, Accomplishments, Future Objectives:

The main objective for the Fiscal IT - IT Management Standard Investment is to continue providing 

enterprise architecture and strategic planning support to Fiscal Service. The investment enables Fiscal 

Service to improve results, manage IT resources effectively to accomplish the Bureau's mission, and 

deliver quality customer service. This leads to improved operational effectiveness, improved timeliness 

of investment information to investors, and increased opportunities in meeting the borrowing needs of 

the federal government.

The Fiscal IT - IT Management Standard Investment accomplishes the management of costs to 

administer and plan IT for Fiscal Service. This includes executive management, strategic management, 

enterprise architecture, IT finance, capital planning and investment reporting, and vendor management. 

In FY 2020, the Standard Investment provided operations and maintenance support of these managerial 

areas and provided DME support for establishing infrastructure and professional services for 

ServiceNow and Application Programming Interfaces (APIs) to further IT modernization efforts. In FY 

2021, the investment will continue the operations and maintenance support and continue DME support 

to utilize professional serviced to prepare infrastructure to deploy ServiceNow and APIs.

Fiscal IT Network

Description:

A Fiscal Service IT infrastructure Standard Investment providing network services including data and 

voice equipment along with transport methods to connect systems and personnel for communication 

purposes and providing core connectivity within enterprise data centers as well as connectivity to and 

access within office buildings and remote locations.

Investment Obligations: (In Millions of $):

Type

FY2020 

Actual 

Obligations

FY2021 

Estimated

Obligations

FY202 2 

President's 

Budget

Change in 

$ % Change

Sub -Total DME Obligations (Including 

Internal labor (Govt. FTE)) 11.50 1.06 0.00 - 1.06 - 100.00%

Sub -Total O&M Obligations (Including 

Internal Labor (Govt. FTE)) 12.44 0.00 0.00 0.00 0.00%

Total Obligations 23.94 1.06 0.00 - 1.06 - 100.00%
Purpose, Accomplishments, Future Objectives:

The Fiscal IT Network Standard Investment provides network services to support Fiscal Service's IT 

infrastructure and users. The goal of the investment is to deliver exceptional programs and services 

through information technology strategies that establish flexible, adaptable, and practical services and 

processes while at the same time minimizing overall IT infrastructure expenses.

Accomplishments in FY 2020 for the Fiscal IT Network Standard Investment include providing 

operations and maintenance support for the Fiscal IT network infrastructure, network devices, and end 

user service. The investment enables Fiscal Service to improve results, manage IT resources effectively 

to accomplish the Bureau's mission, and deliver quality customer service. This leads to improved 

operational effectiveness, improved timeliness of investment information to investors, and increased 

opportunities in meeting the borrowing needs of the federal government. In FY 2020, the investment 

also provided DME support for a Software Defined Network (SDN) solution, a Wide Area Network 

(WAN) redesign, and preparation for a Trusted Internet Connection (TIC) move to co-located data 

centers. Objectives for FY 2021 include continuing operations and maintenance support for network 

infrastructure, network devices, and end user service and also includes continued infrastructure 

development DME support for moving TIC to co-located data centers.

Fiscal IT Platform

Description:

A Fiscal Service IT infrastructure Standard Investment for provisioning an enterprise-wide platform 

capability, including database, middleware, mainframe database, and mainframe middleware.

Investment Obligations: (In Millions of $):

Type

FY2020 

Actual 

Obligations

FY2021 

Estimated

Obligations

FY2022 

President's 

Budget

Change in 

$ % Change

Sub -Total DME Obligations (Including 

Internal labor (Govt. FTE)) 0.00 1.80 0.00 - 1.80 - 100.00%

Sub -Total O&M Obligations (Including 

Internal Labor (Govt. FTE)) 15.05 0.00 0.00 0.00 0.00%

Total Obligations 15.05 1.80 0.00 - 1.80 - 100.00%

Purpose, Accomplishments, Future Objectives:

The Fiscal IT Platform Standard Investment includes managing costs associated with distributed and 

mainframe databases and middleware systems. This includes DBMS software and tools, labor, and 

outside services.

The accomplishment for FY 2020 and continued goal for FY 2021 in the Fiscal IT Platform Standard 

Investment is to continue providing operations and maintenance support for Fiscal IT infrastructure 

platform service users. The investment enables Fiscal Service to improve results, manage IT resources 

effectively to accomplish the Bureau's mission, and deliver quality customer service. This leads to 

improved operational effectiveness, improved timeliness of investment information to investors, and 
increased opportunities in meeting the borrowing needs of the federal government. Also, in FY 2021, 

the investment plans to provide DME support to implement an Application Programming Interface 

(API) platform management tool and continue modernization of application orchestration and delivery.

Fiscal IT Security and Compliance (ITSEC)

Description:

A Fiscal Service IT infrastructure Standard Investment providing security programs and services 

including costs related to IT security compliance and disaster recovery as well as costs to define, 

establish, enforce, and measure security, compliance, and disaster recovery readiness for the enterprise.

Investment Obligations: (In Millions of $):

Type

FY2020 

Actual 

Obligations

FY2021 

Estimated

Obligations

FY2022 

President's 

Budget

Change in 

$ % Change

Sub -Total DME Obligations (Including 

Internal labor (Govt. FTE)) 0.00 0.06 0.00 - 0.06 - 100.00%

Sub -Total O&M Obligations (Including 

Internal Labor (Govt. FTE)) 62.27 23.91 24.26 0.36 1.50%

Total Obligations 62.27 23.97 24.26 0.30 1.25%

Purpose, Accomplishments, Future Objectives:

The Fiscal IT ITSEC Standard Investment covers costs associated with IT security resources setting 

policy, establishing process and means, measuring compliance, and responding to security breaches. 

Additionally, the investment captures costs associated with IT compliance such as establishing controls 

and measuring compliance to relevant legal and compliance requirements. Costs associated with a 

specific system’s Security Assessment and Accreditation (SA&A) or Information System Security 

Officer (ISSO) labor costs are not included. The investment also includes costs associated with 

privacy, but does not include mission (non-IT) security and compliance. Also in FY 2021, the 

investment plans to continue security and compliance technical and identity assurance modernization.

The FY 2020 accomplishment and FY 2021 continuing goal of the Fiscal IT ITSEC Standard 

Investment is to continue supporting the mission of Fiscal Service to promote the financial integrity 

and operational efficiency of the federal government through exceptional accounting, financing, 

collections, payments, and shared services. The benefit of annotating a security investment allows 

security program resources and costs to be individually quantified and reflects the importance of data 

security to the Fiscal Service mission.
International Treasury Services (ITS.gov)

Description:

ITS.gov is the federal government shared service system for processing international payments and 

collections. ITS supports the Fiscal Service mission to provide centralized payments and provides 

screening for Office of Foreign Asset Control compliance.

Investment Obligations: (In Millions of $):

Type

FY2020 

Actual 

Obligations

FY2021 

Estimated

Obligations

FY2022 

President's 

Budget

Change in 

$ % Change

Sub -Total DME Obligations (Including 

Internal labor (Govt. FTE)) 4.90 4.76 5.20 0.44 9.21%

Sub -Total O&M Obligations (Including 

Internal Labor (Govt. FTE)) 14.88 15.79 17.76 1.97 12.45%

Total Obligations 19.79 20.55 22.96 2.40 11.70%

Purpose, Accomplishments, Future Objectives:

ITS.gov supports the Fiscal Service mission to provide centralized federal payment, collection, and 

reporting services. ITS.gov provides consolidated, web-based international payment, collection, and 

reporting, with Office of Foreign Asset Control (OFAC) screening, for federal agencies. ITS.gov 

supports payments to 240 foreign countries or territories in over 142 currencies for both TreasuryDisbursed Offices (TDO) and Non Treasury-Disbursed Offices (NTDO), including the Department of 

Defense, Veterans Administration, and Social Security Administration. For FY 2020, ITS.gov will 

process more than 8.2 million foreign payment transactions valued at more than $28.5 billion US 

Dollars. ITS will provide OFAC screening shared services for more than 3.6 million domestic Fedwire 

and IAT ACH transactions valued at more than $500 Billion USD. In total for FY 2020, ITS will 

process and screen more than 11.8 million payments valued at over $528 billion US Dollars. ITS.gov 

benefits include: 

• Web-Based, secure payment and collections portal; 

• Designed around a distributed, stable processing platform with consolidated database support; 

• Enforces encrypted access controls with separation of duties to ensure payment security and 

integrity; 

• Eliminates multiple legacy foreign payment systems across government and allows Treasury to 

realize savings through a consolidated economy of scale system; 

• Reduces the need for agencies to maintain large cash balances outside of Treasury

• Provides Office of Foreign Asset Control screening for all payments and as a shared service to 

other Fiscal Service applications; - Expedites foreign payment settlement;

• Automates processing to improve data integrity; 

• Supports manual and bulk file processing; and

• Provides on-demand, customizable electronic reporting capabilities.

FY 2020 accomplishments include: 

• Multi-year effort to enhance ITS to support ISO 20022 standards for all processing and 

outputs.

• SWIFT VPN and Security Enhancements. 

• OFAC System Updates and Process Enhancements. 
• International Direct Deposit Updates and Enhancements. 

• Service Provider Interface updates - Technical Debt remediation.

• Supporting continued PM2020+ Future State system requirements.

FY 2021 and beyond objectives include: 

• Multi-year effort to enhance ITS to support ISO 20022 standards for all processing and 

outputs. 

• SWIFT VPN and Security Enhancements. 

• OFAC System Updates and Process Enhancements. 

• International Direct Deposit Updates and Enhancements. 

• Service Provider Interface updates - Technical Debt remediation. 

• Supporting continued PM2020+ Future State system requirements.

Invoice Processing Platform (IPP)

Description:

IPP provides a centralized electronic invoicing and payment information portal accessible to all 

participants in federal payment transactions.

Investment Obligations: (In Millions of $):

Type

FY2020 

Actua l 

Obligations

FY2021 

Estimated

Obligations

FY2022 

President's 

Budget

Change in 

$ % Change

Sub -Total DME Obligations (Including 

Internal labor (Govt. FTE)) 0.25 0.46 0.53 0.07 14.92%

Sub -Total O& M Obligations (Including 

Internal Labor (Govt. FTE)) 21.73 22.46 22.77 0.31 1.38%

Total Obligations 21.98 22.93 23.30 0.38 1.65%

Purpose, Accomplishments, Future Objectives:

IPP provides a centralized electronic invoicing and payment information portal accessible to all 

participants in federal payment transactions: agencies, payment recipients, and the Fiscal Service. IPP 

enables the presentation of electronic orders, receipt of electronic invoices, automated routing and 

approval (workflow), electronic notifications and Treasury payment information. IPP is designed to 

yield government-wide efficiencies by (1) reducing or eliminating paper based processing by accounts 

payable, (2) enhancing Treasury's value and service to its citizens by increasing access to and quality 

of payment data, and (3) providing a single central application in which government finance 

departments can engage with their suppliers, and in which government suppliers can engage with 

agencies. IPP supports the Fiscal Service's goal to provide accurate, timely payments by optimizing 

agency use of electronic mechanisms. IPP stakeholders include federal agencies and their commercial 

vendors. IPP's key stakeholders are federal agencies and vendors.

FY 2020 accomplishments include: 

• Onboarded 145 Agencies. 
• Successfully deployed RADs 5.5.1, 5.6, 5.6.1, and 5.6.2. 

• Conducted User Group meetings in December 2019 and June 2020. 

• IPP processed $51.8 B in total dollars that represent all invoices processed using IPP. 

Future objectives include: 

• Increase of electronic invoicing transactions submitted through IPP. 

• Onboarding of additional agencies and suppliers. 

• Security fixes, infrastructure modernization and optimization. 

• Outreach expansion for agencies and suppliers. 

• Modernization efforts for the platform to adapt to the customer’s needs.

Over the Counter Channel Application (OTCnet)

Description:

OTCnet is the government's one system solution for the collection of $150 billion annually in all types 

of checks, currency, credit/ debit cards and coins transacted at federal agency Point of Sale locations 

worldwide.

Investment Obligations: (In Millions of $):

Type

FY2020 

Actual 

Obligations

FY2021 

Estimated

Obligations

FY2022 

President's 

Budget

Change in 

$ % Change

Sub -Total DME Obligations (Including 

Internal labor (Govt. FTE)) 8.64 9.88 10.23 0.36 3.60%

Sub -Total O& M Obligations (Including 

Internal Labor (Govt. FTE)) 15.60 14.66 14.90 0.24 1.61%

Total Obligations 24.23 24.54 25.13 0.59 2.41%

Purpose, Accomplishments, Future Objectives:

OTCnet is the government's one system solution for the collection of $150 billion annually in all types 

of checks, currency, credit/ debit cards and coins transacted at federal agency Point of Sale locations 

worldwide. OTCnet is a complex system that utilizes a broad range of technologies with 12 external 

interfaces and a substantial user community who uses the system across the globe. The primary 

beneficiaries of this investment are the agency end users, Financial Institutions, and government. 

OTCnet yields substantial cost savings as a shared service across the government servicing over 96 

agencies and over 80 Financial Institutions.

FY 2020 accomplishments include: 

• Completed the implementation of credit and debit card functionality in OTCnet, and rollout to 

agencies. 

• Implemented Chrome Browser Support for Check Processing. 

• Implement important technology upgrades and address important defects and enhancements. 

• Implemented the Credit and Debit Card Support for OTCnet Kiosk Tablet. Customers using 

the OTC Kiosk Tablet will have the option to pay using credit, debit, or gift cards. 
• Enhanced OTCnet to support an alternative Chrome Browser in addition to Internet Explorer 

to keep up with rapid changes in browsers.

FY 2021 and FY 2022 objectives include: 

• Provide Mobile Check Capture capability in OTCnet. 

• Implement important technology upgrades and address important defects and enhancements. 

• Conduct evaluation of Operational Dashboard design options. 

• Implement Operational Dashboard Minimal Viable Product (MVP) and full built out. • 

Introduce detail transactions for Deposit Reporting.

Pay.gov

Description:

Pay.gov satisfies agencies and consumers demands for electronic alternatives by providing the ability 

to complete forms, make payments and submit queries 24 hours a day electronically. Pay.gov is web 

based allowing customers to access their accounts from any computer with Internet access. Pay.gov 

provides a suite of services allowing agencies to obtain and process collections in an efficient and 

timely manner.

Investment Obligations: (In Millions of $):

Type

FY2020 

Actual 

Obligations

FY2021 

Estimated

Obligations

FY2022 

President's 

Budget

Change in 

$ % Change

Sub -Total DME Obligations (Including 

Internal labor (Govt. FTE)) 6.08 7.70 8.55 0.85 11.09%

Sub -Total O& M Obligations (Including 

Internal Labor (Govt. FTE)) 24.49 36.11 39.20 3.09 8.56%

Total Obligations 30.56 43.80 47.75 3.94 9.00%

Purpose, Accomplishments, Future Objectives:

Pay.gov Services (Pay.gov) provides a government-wide Internet collection channel for Federal 

Program Agencies (FPAs) to collect non-tax revenue. It provides a suite of electronic financial services 

and interfaces to enable federal agencies to make financial collections electronically, specifically over 

the Internet. By providing the Internet collection channel, Pay.gov helps promote the all-electronic 

Treasury vision. Pay.gov Services directly support the collection and deposit of funds into the Treasury 

on behalf of federal agencies. This is a key component of the multi-faceted government-wide financial 

management mission of the Fiscal Service. One of the critical goals of the Fiscal Service is to convert 

paper-based transactions to electronic methods; Pay.gov is the primary program supporting this goal. 

Fiscal Service also had the goal of providing citizens with convenient and secure payment options, 

Pay.gov delivers this medium. Previous strategic goals that Pay.gov has helped the Fiscal Service meet 

include: 1) Providing timely collection of federal government receipts, at the lowest cost, through an 

all-electronic Treasury; and 2) Establishing policies and processes to facilitate the integration of ecommerce technologies into the payments and collections infrastructure. Pay.gov services support the 

Fiscal Service's mission by providing a secure, efficient, and user-friendly collection channel for 

citizens and businesses to use when paying an agency. This service promotes operational efficiency 
and financial integrity. The key beneficiaries of Pay.gov are the FPAs and citizens. By collecting funds 

over the Internet, Treasury and FPAs receive the funds faster, more securely and more accurately than 

mailed or in person transactions. Citizens benefit from Pay.gov by being able to make payments from 

any Internet-capable device. In addition, the cost per payment through Pay.gov is less than the cost per 

paper payment. As a service, FPAs are both the primary customers and stakeholders of Pay.gov.

As of July, FY 2020 accomplishments included collecting $162 billion and 138 million transactions. 

The overall status of Pay.gov is green and the overall trend is steady due to projects remaining on 

schedule with no significant issues and production operations running stable. No outstanding risks 

without mitigation strategies. Other accomplishments include: 

• Begun Continuous Availability project to improve uptime and availability by leveraging cloud 

infrastructure.

• Implemented strategic forms solutions, including an integration with a newer and more modern 

forms technology solution that will also be used by the Mobile Program. 

• Executed communication plan for converting all agencies off the legacy OCI Interactive 

interface by 4Q 2020.

• Prioritized, develop, and implement billing and usability enhancements for CRS and other 

billing agencies. 

Future objectives include: 

• Sustain Business Operations by holding monthly and quarterly meetings with all business 

partners. 

• Cybersecurity: Web Application Firewall (WAF) phase 1 and 2 rollout. Potential long-term 

solutions to CyberClean. 

• Forms & Billing Solutions: Forms migration tactical plan work to determine waves and how to 

prioritize. 

• OCI-I Conversion: All strategic priority agencies will actively convert. Engage three additional 

groups of agencies for batch conversion conversations and commitments. 

• Mobile Program (Public Facing App): Implemented eGov common components accordions on 

Proof-of-Purchase page. 

o Indicated clearly on the confirmation page when an email receipt is sent. 

o Auto-formatted Case ID field for U.S. Courts Public App forms. 

o Added quick actions (share email receipt) to main conf. page for better access.

o Added Error messaging on form fields. 

o Added Dropdowns/picklists. 

o Added Text boxes. 

o Field Labels & Font Style/Sizing. 

o Added Buttons.
Payment Services (PS)

Description:

Payment Services is the domestic payment disbursement engine of the federal government. The systems 

included in the investment are used by agencies to create and disburse all checks, EFT and wire transfer 

payments in a secure manner.

Investment Obligations: (In Millions of $):

Type

FY2020 

Actual 

Obligations

FY2021 

Estimated

Obligations

FY2022 

President's 

Budget

Change in 

$ % Change

Sub -Total DME Obligations (Including 

Internal labor (Govt. FTE)) 9.07 11.27 11.67 0.40 3.51%

Sub -Total O&M Obligations (Including 

Internal Labor (Govt. FTE)) 34.39 48.10 50.31 2.21 4.60%

Total Obligations 43.46 59.37 61.97 2.61 4.39%

Purpose, Accomplishments, Future Objectives:

Payment Services (PS) is the only resource for Federal Program Agencies (FPAs) to certify ACH, Check, 

wire transfers, IAT, CTX, ASAP, and ITS.gov payments. PS reduces costs for the federal government by 

eliminating redundant certification tools, overhead, and unique applications for over 200 agencies (such 

as Social Security Administration (SSA), Office of Personnel Management (OPM), and the Internal 

Revenue Service (IRS)). PS provides a security assurance level 4 system for payment certification and 

maintains the only resources for processing, settlement, and distribution payments. In addition, PS is the 

conduit for all eligible payments to be screened thru Do Not Pay and TOP for possible elimination of 

improper payments, and payment offsets when debts are owed, therefore saving the government dollars. 

This investment also includes the system of record for all payment voucher data eliminating the need for 

agencies to have their own infrastructure for maintaining this information. In addition, it includes the 

provisioning system that distributes etokens (iKeys) to users needed to access Payment applications.

FY 2020 accomplishments include: 

• Updated the PAM Operations request functionality to allow notifications to be emailed to the 

Help Desk. 

• SPS resiliency - new hardware was installed in both data centers to support site switch. 

• Improved SPS GUI to standardized date formats and validate data entry. 

• Performed regular site switches of both PAM and SPS (2-3 per year). –

• Addressed technical debt and security enhancements. 

• Enhanced Same Day ACH capability; increased single item maximum to $100K. 

• Successfully supported all payment volume increases related to CARES ACT without 

performance issues. 

FY 2021 and beyond objectives include enhancing application capabilities to include the following: 

• Enhance PIV functionality to include new users as well as migrating iKey users.

• Wire Offset eligibility screening from SPS/PAM. 

• Enhance CashTrack Real-Time reporting. 

• Mailstream updates for increased operational efficiency. 
• STEM - Secure Trust Enrollment Module: enhance enrollment process to be more secure and 

efficient. 

• Enhance Recertification process for SPS. 

• Complete Webserver and MQ resiliency updates.

Post Payment Services

Description:

The Post Payment Services Investment covers the legacy post payment systems and development of a 

new platform to provide a single source for aftermath payment processing for Federal Program 

Agencies. It simplifies reconciliation activities, improves information exchange, and reduces paperbased processes for users.

Investment Obligations: (In Millions of $):

Type

FY2020 

Actual 

Obligations

FY2021 

Estimated

Obligations

FY2022 

President's 

Budget

Change in 

$ % Change

Sub -Total DME Obligations (Including 

Internal labor (Govt. FTE)) 8.07 9.56 10.12 0.55 5.78%

Sub -Total O&M Obligations (Including 

Internal Labor (Govt. FTE)) 34.46 52.71 55.58 2.87 5.45%

Total Obligations 42.53 62.27 65.70 3.43 5.50%

Purpose, Accomplishments, Future Objectives:

The Post Payment Services investment supports Treasury Strategic Plan Goal 4, via Strategic Objective 

4.3 "Federal Financial Performance" which is improve federal financial management performance 

using innovative practices to support effective government. Strategy 4.3A identifies the Bureau of the 

Fiscal Service to provide new tools and capabilities in support of the financial management 

community. This is covered under the Bureau's Plan via Objective 1.1 "Modernize core businesses 

through comprehensive business transformation". The investment is abiding by Executive Order 13800 

on “strengthening the cybersecurity of Federal networks and critical infrastructure”. The investment is 

consolidating all post payment processing into one comprehensive application by merging processing 

currently performed by multiple legacy systems. This consolidation will reduce costs associated with 

operations & maintenance of legacy systems, reduce duplicative functionality, eliminate redundancy of 

data across systems & provide a single source of payment data and post payment processing for 

Treasury Disbursed Federal agencies. The Post Payment Modernization Initiative will enhance and 

streamline business processes and provide productivity gains that will simplify reconciliation activities, 

improve information exchange, reduce paper-based processes, integrate disparate processes, modernize 

business processes, reduce improper payments, and enable self-service functions for agencies. The 

system will include functionality to process claims/adjudications, cancellations, check reconciliation, 

settlements, offsets, and accounting along with customer service and self-service applications. Benefits 

will be realized through cost avoidance, cost savings, and performance improvements as measured by: 

• decommission of legacy systems; 

• improved ability to deliver services and respond quickly to customer inquiries and more 

accurately;

• elimination of duplicate assets;

• minimized interfaces and duplication of data; 
• improved reliability of systems; 

• develop reusable services within and beyond post payments; 

• scale to accommodate increases in workload or demand; 

• streamline automation of operations; 

• re-engineer all post payment activity to a modernize real time business processing; and

• modernize technology & technical environment Beneficiaries include Federal Agencies, NonTreasury Disbursing Offices, Federal Reserve Bank and the American public.

FY 2020 accomplishments include: 

• Multiple post payment legacy applications supported the Economic Impact Payments. 

• Treasury Check Verification Application (TCVA) extended the hours of availability to 

accommodate the demand due to Stimulus payments. 

• Implemented Treasury Check Verification System (TCVS) solution as a replacement for 

TCVA. 

• The Post Payment Modernization Initiative (PPMI) finalized the TCIS/TRACS value chain & 

value streams & completed check processing by re-engineering the check reconciliation 

process (VS 1). 

• PPMI migrated from the Cloud Pilot environment to the Fiscal Agency Production Cloud (FA 

PC) & to staging in Prod. 

• PPMI took on added functionality to ingest ACH payment data for analytics. 

• PPMI began development for the check cancellation processing (VS 2).

• Complete development & implement the ACH non-receipt workload (PAC-13 Project). 

• Began the ACH Reclamation Process via Pay.Gov (PAC-46 Project). 

• Deployed minor releases of legacy applications for minor data changes & bug fixes. 

• TCIS implemented PIV access for Dept. of State in lieu of a PKI token. 

• Applications participated in annual disaster recovery exercises. 

• The Post Payment System (PPS) continued to support 3 critical use cases. 

FY 2021 & beyond objectives include: 

• Due to a schedule adjustment from the dependency of the FA PC ATO the PPMI parallel 

processing will not start as planned in the last qtr. CY 2020 but in the first qtr. CY 2021. 

• PPMI will continue the redesign and implement the check first approach to replace TCIS and 

TRACS by streamlining automation of operations and re-engineering of the check 

cancellations, claims & exception processes through iterative deliverables using agile 

methodologies. 

• PPMI will continue to improve the following business functions as they relate to check 

payments with technological enhancements and efficiencies for: post payment transactions, 

exception resolution, information sharing, and security controls. 

• Migrate ACH Reclamation Process via Pay.Gov to PACER upon completion of successful 

testing and make available for Financial Institutions to respond electronically instead of using 

the paper form. 

• PPS data will be moved to the future Do Not Pay cloud hosted analytic environment for use by 

the Payment Integrity Center of Excellence. 

• Identify alternative solutions for remaining use cases in PPS. 

• Continue to support and maintain legacy applications until decommissioned.
Retail Securities Services (RSS)

Description:

RSS is a consolidated investment containing multiple systems and applications to support the two 

primary missions of the Retail program: (1) to sell and service U.S. Treasury securities held directly by 

private individuals and organizations, and (2) to manage the Judgment Fund appropriation used to pay 

most court settlements and Justice Department compromise settlements against the United States.

Investment Obligations: (In Millions of $):

Type

FY2020 

Actual 

Obligations

FY2021 

Estimated

Obligations

FY2022 

President's 

Budget

Change in 

$ % Change

Sub -Total DME Obligations (Including 

Internal labor (Govt. FTE)) 7.87 47.10 60.57 13.47 28.60%

Sub -Total O&M Obligations (Including 

Internal Labor (Govt. FTE)) 28.55 47.98 61.88 13.91 28.98%

Total Obligations 36.42 95.07 122.45 27.38 28.80%

Purpose, Accomplishments, Future Objectives:

The mission of the Retail program is to offer Americans simple and accessible Treasury securities to 

build savings and help enable financial confidence. To achieve our mission, Retail maintains publicfacing applications to sell and service U.S. Treasury Securities directly to U.S. citizens to promote 

savings. In addition to servicing Treasury securities, Retail is also responsible for managing the 

Judgment Fund appropriation used to pay most court settlements and Justice Department compromise 

settlements against the United States. The program’s mission crosswalks to the Fiscal Service goal to 

“deliver innovative financial management solutions that provide a modern, seamless customer 

experience,” which in turn crosswalks to the Department’s goals of Transforming Government-Wide 

Financial Stewardship and Achieve Operational Excellence. To achieve our mission, Retail maintains 

public-facing applications to sell and service U.S. Treasury Securities directly to U.S. citizens to 

promote savings. The Retail program is also responsible for servicing older Treasury debt instruments 

that matured, but remain unredeemed. This legacy debt dates back to the founding of our federal 

republic in 1789. This servicing is not provided as a courtesy, but directly serves a core goal of the 

Treasury to maintain the "full faith and credit of the U.S. Federal government," by honoring all debt 

obligations of the Federal government regardless of its age. In order to achieve its mission, the Retail 

program maintains multiple IT applications to sell and service its products. These systems are 

maintained under the consolidated investment portfolio known as the Retail Securities Services (RSS). 

These applications include relatively new internet-based systems and older mainframe-based systems 

that are hosted on various IT platforms maintained by both Fiscal Service and Federal Reserve 

personnel. For the last twenty years, the Retail program has aggressively pursued its goals by utilizing 

IT innovations, telecommunication improvements, and the internet to upgrade its product line, services 

and operations. The internet has provided us an opportunity to provide our customers more interactive 

services that empower self-servicing. These innovations and on-going project plans enable the Retail 

program to continue to remain relevant into the 21st century, while still being able to efficiently service 

legacy debt obligations.

In FY 2020, Retail began development work to replace its aging TreasuryDirect (TD) application with 

a more modernized public-facing application called Treasury Retail Investment Manager (TRIM). 

With the deployment of TRIM, Retail will also roll out a new type of savings security for the public. 
This security will have much simpler, and easy to understand terms and conditions. Also in FY 2020, 

Retail received a Congressional mandate to take pro-active steps to reduce the outstanding balance of 

Matured and Un-redeemed Debt (MUD). To comply with this mandate, Retail is initiating an extensive 

project to modernize its operations and IT application support. First, security ownership records 

maintained in physical form are being digitized and indexed so that the information will be converted 

to a dynamic and integrated database. Second, Retail's current IT application inventory is too 

technologically dated to support an aggressive program to reduce the MUD balance by enabling more 

active self-service on the customer’s part. Consequently, Retail partnering with its IT service providers 

to initiate an extensive modernization program to replace its outdated architecture with a modernized 

and more interactive architecture that will leverage the dynamic ownership record database. The 

digitization and indexing effort will begin in FY 2021 and likely run through FY 2022. Detailed project 

planning for the modernization piece of the MUD project will start in FY 2021 with development 

efforts expected to begin in FY 2022 and run through FY 2024. The strategic goal of the MUD project 

is to transform our customers from passive actors dependent on customer service intervention into 

active players by providing them with the necessary tools to perform self-service. These efforts will 

significantly reduce the Retail program support and overhead costs, empower our customers, and 

expediate the processing of servicing requests.

Revenue Collections Support Services (RCSS)

Description:

RCSS collectively encompasses revenue collection data and associated information that enables the 

federal government to operate and serve the public. The systems provide a general support role in the 

revenue collections broader business line. RCSS includes the following systems: Bank Management 

Service (BMS), Collections Information Repository (CIR), Cash Management Improvement Act 

System (CMIAS), Treasury Collateral Management and Monitoring (TCMM), and Treasury Cash 

Management System (TCMS).

Investment Obligations: (In Millions of $):

Type

FY2020 

Actual 

Obligations

FY2021 

Estimated

Obligatio n s

FY2022 

President's 

Budget

Change in 

$ % Change

Sub -Total DME Obligations (Including 

Internal labor (Govt. FTE)) 7.42 7.58 8.36 0.79 10.38%

Sub -Total O&M Obligations (Including 

Internal Labor (Govt. FTE)) 38.41 36.21 40.02 3.81 10.52%

Total Obligations 45.83 43.78 48.38 4.59 10.49%

Purpose, Accomplishments, Future Objectives:

RCSS consolidates the following systems: Bank Management System (BMS), Collections Information 

Repository (CIR), Cash Management Improvement Act System (CMIAS), Treasury Collateral 

Management and Monitoring (TCMM) and Treasury Cash Management System (TCMS). Collectively, 

these systems enable revenue collection and associated information that enables the federal 

government to operate and serve the public. The systems provide a general support role in the revenue 
collections broader business line. Most of the systems are in a steady state and have a low funding 

level.

BMS - Code, test and deployed BMS Release 1.6 into production in April 2020. This release included 

BMS Software Upgrades, Security Updates, Report Enhancements and High Priority Backlog items). 

Future objectives for BMS are - Implement releases into production that will address security 

requirements, infrastructure changes, and minor enhancements. TCMM-Code, test and deployed 

TCMM Release 2.1 and 2.2 into production in December 2019 and May 2020. These two releases 

included Software Upgrades, Security Updates, Report Enhancements and High Priority Backlog 

items. Future objective -TCMM - Incorporate HP Fortify tool and other security tools, Selenium 

scripting, and high priority defects and minor enhancements CIR Release 6.2 included an Oracle 

upgrade. It was completed 6/2020. Future objectives include addressing technical debt through 

upgrading the database and changes to the commercial settlement process CMIAS -CMIAS has 

proposed rebuilding CMIAS on the FRB’s National IT AWS Gov Cloud which will result in fixing the 

Struts vulnerability and CMIAS’ data integrity problems, as well as provide a host of benefits in the 

implementation of the Cash Management Improvement Act. These benefits will be quantified and 

described in detail once formal approval is received. TCMS/DVS-Achieve operational excellence in 

processing vouchers to meet NSS, CIR and PIR deadlines. Replace the User Interface. Future 

objectives: Separate TCMS/DVS application into two stand-alone applications in the cloud.

Stored Value Card (SVC)

Description:

SVC is a cash management service that uses smart cards to reduce cash and associated workload and 

risks in unique "closed" operational environments such as military bases and ships.

Investment Obligations: (In Millions of $):

Type

FY2020 

Actual 

Obligations

FY2021 

Estimate d

Obligations

FY2022 

President's 

Budget

Change in 

$ % Change

Sub -Total DME Obligations (Including 

Internal labor (Govt. FTE)) 11.25 8.75 9.30 0.55 6.24%

Sub -Total O&M Obligations (Including 

Internal Labor (Govt. FTE)) 48.23 46.76 48.29 1.53 3.27%

Total Obligations 59.48 55.51 57.59 2.08 3.74%

Purpose, Accomplishments, Future Objectives:

SVC reduces the more than $2 Billion in coins, currency, and checks in circulation at military bases 

across the world with electronic currency, thus reducing the high costs associated with security, 

transporting, and accounting for cash. Since inception, over $73.2 Million electronic Funds Transfer 

(EFT) transactions in excess of $9.9 Billion have been processed through the SVC e-commerce 

program. SVC helps Fiscal Service reach the President's mandate to complete government-wide 

implementation of shared electronic commerce solutions. SVC has effectively replaced or reduced cash 

at over 80 military bases and installations in 19 countries (including the U.S.) and on over 150 ships. 

The primary goal of the SVC program is to provide a cost effective solution for the government that 
enables them to meet their electronic cash management needs. In this effort, SVC is consolidating the 

current three separate and distinct SVC programs (EZpay, EagleCash, and Navy Cash/Marine Cash) 

into a universal One-Card Solution to minimize duplication, avoid proprietary technologies, and gain 

more economies of scale through reuse of shared services across military services. The successful 

consolidation will result in a cost savings of over $527 million by FY 2023. SVC's key customers are 

the military starting in basic training and continuing on through the life of the military personnel while 

deployed on land as well as on ships at sea. The primary stakeholders are - The Departments of the 

U.S. Army, Air Force, Marine Corp. and Navy; Defense Finance and Accounting Service (DFAS); 

Navy Supply System (NAVSUP); Federal Reserve Bank of Kansas City (FRBKC); and PNC Bank.

During FY 2021, the SVC program successfully completed the initiative for modernization of the 

EagleCash and EZpay environments by piloting and limited deployment of the One-Card, while 

continuing to make progress on the replacement of devices that have exceeded end-of-life. The 

objectives for FY 2022 will be to complete the replacement of end-of-life devices with new equipment 

and continue the deployment on the One-Card initiative and Navy Cash Modernization. In addition, we 

will continue the back-office consolidation consisting of multiple phases.

Tax Collection Services (TCS)

Description:

TCS enables both business and individual tax payers to pay federal taxes electronically following a 

Congressional Mandate for Treasury to process government collections electronically. TCS includes 

EFTPS and development of a new Transforming Tax Collections (T2C) system which modernizes tax 

collection services for the federal government and provides a better customer experience.

Investment Obligations: (In Millions of $):

Type

FY2020 

Actual 

Obligations

FY2021 

Estimated

Obligations

FY2022 

President's 

Budget

Change in 

$ % Change

Sub -Total DME Obligations (Including 

Internal labor (Govt. FTE)) 27.94 16.70 85.27 68.57 410.59%

Sub -Total O&M Obligations (Including 

Internal Labor (Govt. FTE)) 149.93 143.44 161.71 18.27 12.73%

Total Obligations 177.87 160.14 246.98 86.84 54.22%

Purpose, Accomplishments, Future Objectives:

EFTPS enables both business and individual taxpayers to pay federal taxes electronically via phone, 

internet (www.eftps.gov, IRS Direct Pay), Fedwire, ACH credit, credit cards, or via a third party. 

EFTPS is managed by a designated Treasury Financial Agent (TFA), pursuant to the authority 

delegated to the Fiscal Service by the Secretary of the Treasury to designate Financial Institutions to 

provide banking services to the federal government (12 U.S.C. 90 and 265). This multi-function 

investment directly supports the government-wide financial management mission of the Fiscal Service, 

and is a partnership program with the Internal Revenue Service (IRS). The primary justifications for 

investing in EFTPS are the following:
• Maximize the percentage of tax collections received electronically by the federal 

government. 

• Minimize the amount of time for taxpayers to complete a tax payment using electronic 

payments.

• Reduce the government cost to process a federal tax. 

• Provide a 24 x 7 x 365 mechanism to collect federal tax revenue. 

The Fiscal Service has been given authority for a Permanent and Indefinite appropriation from 

Congress as part of the Consolidated Appropriations Act, 2004 (Pub. L 108-199) to perform critical 

banking services on behalf of the federal government, including for the purposes of tax collection for 

FY 2004 and beyond. Funds for this investment are allocated from this authority and are submitted to 

OMB on an annual basis as part of the congressional justification for the President's Budget. EFTPS

has been in existence since the FY 1996 appropriations to cover the operations and maintenance of the 

following critical functions: New taxpayer enrollment; Tax payment processing; Fulfillment/mail 

services; Customer service; and General operations. Less than 10 percent of each FY funding is 

allocated to minor software enhancements to accommodate changes to the tax code. The Transforming 

Tax Collections (T2C) initiative will transform and modernize EFTPS, one of the nation’s most 

valuable assets. T2C will transform the business operations of tax collections through process 

improvements and modernization, safeguarding this critical function for future years while improving 

the customer experience and streamlining operations. This transformation will also help reduce 

operating costs and increase taxpayer compliance and confidence.

EFTPS accomplished the following objectives for FY 2020:

• Annual statutory Tax type changes (2020 EFile, Credit Card changes, Internal Revenue 

Code 965)

• Cybersecurity Initiatives

• Fraud monitoring tools 

TCS plans to complete the following future objectives:

• Annual regulatory tax type changes

• Fraud Initiatives

• Cybersecurity Initiatives

• NACHA compliance 

• T2C Phase One
Wholesale Securities Services (WSS)

Description:

WSS effectively finances government operations through the announcement, auction, and issuance of 

marketable Treasury bills, notes, bonds, Treasury inflation-protected securities, and floating rate notes 

through the Treasury Automated Auction Processing System (TAAPS).

Investment Obligations: (In Millions of $):

Type

FY2020 

Actual 

Obligations

FY2021 

Estimated

Obligations

FY2022 

President's 

Budget

Change in 

$ % Change

Sub -Total DME Obligations (Including 

Internal labor (Govt. FTE)) 2.25 8.84 16.76 7.91 89.46%

Sub -Total O&M Obligations (Including 

Internal Labor (Govt. FTE)) 37.34 31.29 33.20 1.91 6.10%

Total Obligations 39.59 40.14 49.96 9.82 24.47%

Purpose, Accomplishments, Future Objectives:

The Wholesale Securities Services investment is used to effectively finance government operations by 

offering Treasury securities through reliable, accurate, and secure electronic systems. Treasury 

auctions are high dollar volume, time critical operations, and include a broad range of bidders 

participating in each auction. To execute this important role, the investment leverages the Treasury 

Automated Auction Processing System (TAAPS), which handles the announcement, auction, and 

issuance of Treasury securities.

In FY 2020 WSS conducted over 350 auctions and awarded over $15.3T in Treasury marketable 

securities (through July). This represents a 27% increase in the number of auctions and a 48% increase 

in awarded securities over 2019 activity. For comparison, 325 auctions were held and $11.7T was 

awarded in FY 2019. This increase in activity and effort has not gone unnoticed by Fiscal Service, 

Treasury, and the American people as this effort supported the CARES Act Economic Impact 

Payments that eased stress on the economy during the pandemic crisis. This level of activity represents 

a record-breaking year in financing the Federal Government. Financing Operations began conducting 

auctions 100% remotely on Mar 24 in response to the pandemic and has continued mandatory telework 

through the remainder of the year, with no significant deficiencies or issues reported. The first 20-year 

bond since 1986 was auctioned successfully on May 20. A new borrowing record was set the week of 

May 25-29, auctioning $624B, and on May 27 five auctions in a single day were conducted for the first 

time ever. - Due to the deactivation and official close-out of the TITAN program in Mar 2020, the 

TAAPS Sustainable Operations and Maintenance program was created to ensure that the system 

remains operational and up to date. A network targeted resiliency assessment of TAAPS was 

completed in February and an implementation plan to address findings was completed in May. A 

modernization activity to explore options for a new financing system is in the discovery phase of 

assessment. Analysis will determine a go-forward strategy to ensure auction capabilities and core 

functionality, system sustainability, and the ability to support developing debt financing requirements.