Department of the Treasury 

Departmental Offices 

2024 

Capital Investment Plan 
Standard IT Investments .................................................................................................... 3 

Treasury Shared Security Operations Center (TSSOC) ............................................................. 3 

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

Cybersecurity Enhancement Account (CEA) ............................................................................ 4 

HR LoB - HRConnect ................................................................................................................ 5 

Treasury Enterprise Identity, Credential and Access Management (TEICAM) ........................ 6 

Major Non-IT Investments ................................................................................................ 8 

DO Electric Vehicle Fleet .......................................................................................................... 8 

Main Treasury Building and Freedman's Bank Building .......................................................... 9 
Note to Reviewers: Consistent with the corresponding Summary of Capital 

Investments table, the columns included in the investment tables below are defined 

as: 

 FY 2022 Actuals - Total actual obligations 

 FY 2023 Estimated Obligations - Anticipated obligation from all budgetary 

resources (i.e., balances from prior years, user fees, and FY 2023 Operating 

Plan levels). 

 FY 2024 President's Budget – Requested level reflecting the President’s 

FY 2024 budget submission. 

 

Standard IT Investments 

Treasury Shared Security Operations Center (TSSOC) 

Description: 

TSSOC functions as the Department wide security operations center providing security monitoring, 

incident coordination, incident response, and reporting. TSSOC operates 24x7x365 and actively 

coordinates with other federal agencies, DoD, and the IC. 

Investment Obligations: (In Millions of $): 

Type FY 2022 

Actual 

FY 2023 

Estimated 

Obligations 

FY 2024 

President's 

Budget 

Change in 

$ % Change 

Sub-Total DME Obligations (Including 

Internal labor (Govt. FTE)) 5 . 0 3 3 . 8 0 5 . 8 2 2 . 0 3 5 3 . 3 3 % 

Sub-Total O&M Obligations (Including 

Internal Labor (Govt. FTE)) 1 8 . 6 8 1 8 . 3 7 1 8 . 3 7 0 . 0 0 0 . 0 0 % 

Total Obligations 23.71 22.17 24.20 2.03 9.14% 

Purpose, Accomplishments, Future Objectives: 

Investments have contributed to Treasury's success in defending against cyber adversaries and provides 

leadership and direction in mitigating threats to Treasury systems and services. Future objectives 

include: collecting and storing data from all bureaus to meet M-21-31 objectives, expanding TSSOC to 

offer additional security operations and incident response services to bureaus, and improving 

communication and collaboration throughout the Department through automation. 
Major IT Investments 

Cybersecurity Enhancement Account (CEA) 

Description: 

The Cybersecurity Enhancement Account was created in FY 2017 to fund investments in critical 

cybersecurity capabilities with a Department-wide impact. The CEA is positioned as a centralized 

account to support enterprise-wide cyber services and to further enhance cyber capabilities, providing a 

platform to enhance efficiency, communication, transparency, and accountability around the 

Treasury’s mission. 

Investment Obligations (In Millions of $): 

Type FY 2022 

Actual 

FY 2023 

Estimated 

Obligations 

FY 2024 

President's 

Budget 

Change in 

$ % Change 

Sub-Total DME Obligations (Including 

Internal labor (Govt. FTE)) 4 1 . 3 7 1 0 0 . 0 0 2 0 7 . 8 5 1 0 7 . 8 5 1 0 7 . 8 5 % 

Sub-Total O&M Obligations (Including 

Internal Labor (Govt. FTE)) 0 . 0 0 0 . 0 0 7 . 1 5 7 . 1 5 0 . 0 0 % 

Total Obligations 41.37 100.00 215.00 115.00 115.00% 

Purpose, Accomplishments, Future Objectives: 

The CEA account focuses on an enterprise-wide investment approach to build stronger protections and 

further benefit the bureaus in their cybersecurity goals. This approach also unifies cyber spending 

across the Department. The FY 2023 President’s Budget includes $215 million for the CEA to protect 

and defend sensitive agency systems and information and strengthen the role of the Treasury Chief 

Information Officer (CIO) in identifying, responding, and protecting against cyber threats. The CEA 

initiatives are organized around the NIST Cybersecurity Framework as follows: 

• Identify the Business Context, Resources & Cybersecurity Risk Goal: Develop an 

organizational understanding to manage cybersecurity risk to systems, people, assets, data, 

and capabilities. 

• Protect the Delivery of Critical Infrastructure Services Goal: Develop and implement 

appropriate safeguards to ensure delivery of critical services. 

• Detect Cybersecurity Events Goal: Develop and implement appropriate activities to identify the 

occurrence of a cybersecurity event. 

• Respond to Detected Cybersecurity Incidents Goal: Develop and implement appropriate 

activities to take action regarding a detected cybersecurity incident. 

• Recover by Maintaining Resilience and Restoration Plans Goal: Develop and implement 

appropriate activities to maintain plans for resilience and to restore any capabilities or 

services that were impaired due to a cybersecurity incident. 

In FY 2022, CEA continues investment in critical cybersecurity activities to improve the effectiveness 

and resiliency of our operational capabilities, in alignment with the Administration’s cybersecurity 

priorities (M-22-16). The Department has made demonstratable progress against various Executive 

Orders and other guidance priorities, with nearly all security monitoring in the cloud, establishing 

minimum operating standards for Treasury security operations centers, and significant progress against 

MFA and encryption objectives. Securing the cloud will be a major priority in the coming year, with a 

recently awarded multi-cloud contract serving as the foundation for our accelerated adoption of cloud 
capabilities. Treasury will develop new approaches to security monitoring, vulnerability management, 

and security posture management. These cloud investments will in turn provide natively encrypted 

data-at-rest and in transit. 

In FY 2023 and FY 2024, CEA investments will focus on accomplishing the following goals: 

• Enhance Department-wide coordination of cybersecurity efforts and improve responsiveness to 

threats. 

• Provide leadership with greater visibility into cybersecurity efforts and encourage information 

sharing. 

• Improve identification of cyber threats and better protect information systems from attack. 

• Provide platform to enhance communication, collaboration, and transparency. 

HR LoB - HRConnect 

Description: 

HR Connect is a Human Resources enterprise system. It is a web-based solution built on PeopleSoft 

software. HR Connect transforms core back-office HR functions, moving them from a processingcentric capability to a strategic-centric capability. 

Investment Obligations: (In Millions of $): 

Type FY 2022 

Actual 

FY 2023 

Estimated 

Obligations 

FY 2024 

President's 

Budget 

Change in 

$ % Change 

Sub-Total DME Obligations (Including 

Internal labor (Govt. FTE)) 2 . 1 0 1 2 . 0 3 1 1 . 4 3 - 0 . 6 1 - 5 . 0 3 % 

Sub-Total O&M Obligations (Including 

Internal Labor (Govt. FTE)) 2 6 . 9 7 2 8 . 3 5 2 7 . 6 1 - 0 . 7 4 - 2 . 6 1 % 

Total Obligations 29.07 40.38 39.04 -1.34 -3.33% 

Purpose, Accomplishments, Future Objectives: 

HRConnect is Treasury's enterprise human resources system. It is one of four federal OPM HR Lines 

of Business providing HR services to the federal government. HRConnect is based on a combination of 

(a) web-based solution built on PeopleSoft commercial-off-the-shelf software, (b) Software as a 

Service (SaaS) platforms (e.g., Talent Management and Career Connector), and (c) internally 

developed applications (e.g., Entrance on Duty System). HRConnect transforms core back-office HR 

functions, moving them from a processing-centric capability to a strategic-centric capability enabled 

through its commercial software underpinning. Additionally, self-service components of the software 

fundamentally transform the standard government HR service delivery model, putting additional 

information, services and processes (i.e., personal data, position management, requests for personnel 

action, recruitment, reporting, etc.) directly in the hands of managers and employees. 

HRConnect supports the common HR Line of Business processes and provides core HR functionality 

that is interoperable, portable and scalable. This shared solution provides automated systems that are 

configurable to the individual organizations' needs while providing a single solution across the 

Department and federal landscape. HRConnect's core functions include: Personnel Action Processing, 

Managing Payroll, Administering Benefits, Time and Attendance and Labor Distribution. By enabling 
the retirement of legacy systems and automating and streamlining many aspects of human resources, 

HRConnect facilitates increased efficiency and overall productivity for its customers. HRConnect is 

the system used by all Treasury bureaus and several other government agencies (over 22 entities) with 

over 200,000 employees and contractors in total. 

In FY22, the Treasury Shared Service Center implemented 61 HRConnect change requests to maintain 

regulatory compliance, improve the employee and manager experience and provide tools to streamline 

and enable efficient processing for HR Specialists. 

• HRConnect met a steady state of 99.98 percent availability. 

• Successfully established Authority to Operate Treasury Enterprise Oracle (TEO) and 

PeopleTrak. 

• Successfully upgraded and migrated IRS PeopleTrak system to Treasury Enterprise Oracle and 

establish Enterprise Applications establish security protocols and governance 

• Successfully Implemented Single Sign On (SSO) for PeopleTrak leveraging existing 

HRConnect code and resources to deploy SSO in a very short period of time and without 

significant post-production issues. 

• Successfully migrated all Non-Production Environments from HRC Compartment to OMCS 

Dev Compartment. 

• Successfully Upgraded all HRConnect environments from Linux 6 to Linux 7. 

• Performed a successful upgrade of Oracle database from Oracle 12c to Oracle 19c. 

The team worked with the Information Systems Security Manager and Information Systems Security 

Officer to resolve security Plan of Action and Milestones in a timely manner. 

Enterprise API Service Platform [MuleSoft]: Transition 15+ partners to the new API Service 

Framework. Launched integrations between USAS to DO and FinCEN Adjudication Tracker, ARC-FS 

Worklist API and SAM.gov integration to HRC to update vendor information. 

In FY 2023: Treasury Office of the Chief Information Officer (OCIO) recently assumed responsibility 

for the management of the transformation of Internal Revenue Service (IRS) Human Resource 

Information Technology (HRIT) applications in support of the Inflation Reduction Act. This transfer of 

responsibility allows the IRS CIO to focus their efforts on improving the taxpayer experience 

leveraging the Treasury OCIO’s shared services and common platforms to facilitate the modernization 

of IRS HRIT systems, the rationalization pillars include: HRConnect, Integrated Talent Management, 

USA Staffing, Enterprise Data Management, and the Employee Portal. 

Certain technical improvements that are included: Nessus implementation, CAST implementation, 

piloted the transition of 3 environments to Oracle Managed Services compartment in Q3, improved the 

fire wall configurations and finalized the closure of the Memphis and Martinsburg HRC footprint. 

Treasury Enterprise Identity, Credential and Access Management (TEICAM) 

Description: 

The Treasury Enterprise Identity, Credential and Access Management (TEICAM), formerly submitted 

as EIdM, consolidates funding of Treasury implementing the Homeland Security Presidential Directive 

- (HSPD) 12, E-Auth, and Federal PKI initiatives. 
Investment Obligations: (In Millions of $): 

Type FY 2022 

Actual 

FY 2023 

Estimated 

Obligations 

FY 2024 

President's 

Budget 

Change in 

$ % Change 

Sub-Total DME Obligations (Including 

Internal labor (Govt. FTE)) 4 6 . 4 1 4 3 . 0 7 4 3 . 1 7 0 . 1 0 0 . 2 4 % 

Sub-Total O&M Obligations (Including 

Internal Labor (Govt. FTE)) 9 1 . 7 4 1 2 8 . 7 6 1 3 0 . 4 2 1 . 6 7 1 . 2 9 % 

Total Obligations 138.15 171.83 173.60 1.77 1.03% 

Purpose, Accomplishments, Future Objectives: 

The TEICAM Business Case consolidates funding that supports Treasury’s implementation of HSPD12, FICAM and PKI requirements. This investment supports the target vision of, "One Treasury One 

Card" to provide universal access. Availability and use of a PIV/identity management standard within 

Treasury provides a mechanism for Physical and Logical access to Treasury-wide assets. The TEICAM 

phased implementation provides all of Treasury: 

• Trusted identity processes for both Federal and public users of Treasury applications 

• Enhanced security (by decreasing data breaches and trust violations) 

• Compliance with laws, regulations, and standards 

• Improved interoperability 

• Expanded use of PIV encryption and digital signature certificates (ensuring adoption of multifactor authentication) 

• Elimination of redundancy 

Treasury/TEICAM has achieved many of the defined goals for PIV card issuance, physical access, 

logical access, data synchronization, enterprise single sign-on, federation, and PIV required for both 

privileged and unprivileged users. These goals have helped the Department align with the required 

OMB and FICAM goals. 

Additionally, TEICAM has updated the Department strategic roadmap & planned for the following 

investment goals: 

1) CDM II-PRIV/CRED Management 

• Continue working with the Managed Service Bureaus and Non-Managed Service Bureaus on 

implementation of Credential and Privileged Access Management (PAM) 

• On-board new bureaus, such as IRS and DO Orbit Organizations (TSSOC, OFR, etc.), to the 

enterprise CDM Managed Service Offering (MSO) 

• Continue working with DHS CISA on the integration activities for the Federal Dashboard for 

Treasury’s CDM Data reporting 

2) Plan, test, and implement the issuance of version 8.1 PIV cards (PIV V8.1) across the enterprise 

in FY 2021-FY 2024 

3) Expand usage of the Enterprise Derived Credential issuance capability to support authentication 

to Treasury services/infrastructure from mobile devices across Treasury in FY 2021-FY 2024 

4) As part of the PIV-I solution, implement an application programming interface (API) connection 

between a Fiscal Service application used to capture applicant data and HRConnect in FY 2021-

FY 2024 

5) Implement an enterprise Hardware Security Module (HSM) as a service in FY 2022-FY 2024 

6) Enterprise solution for tracking and monitoring the Only Locally Trusted (OLT) PKI certificates 

generated and in use within each bureau 
7) Plan, design, and implement a modernized Treasury Enterprise Federation Service (TEFS) 

solution that enforces multifactor authentication and aligns with the Treasury Zero Trust 

Architecture (ZTA) 

In an effort to improve cost-savings, the Department utilizes interagency resources to authenticate 

users, synchronize data, and to procure and maintain enterprise-wide compliant PIV credentials 

(USAccess). As a mixed life-cycle investment, the TEICAM Operations and Maintenance tasks 

includes OMB, FISMA, and Cyber reporting specific to identity, credential and access management. 

Planned objectives and accomplishments include: 

• Maintaining above 95 percent PIV card issuance rate and providing replacements for the PIV in 

time sensitive activities; 

• Maintained 100 percent PIV required privileged account access and 97 percent PIV required 

unprivileged access; 

• CDM II privileged access management is operating with a cloud infrastructure and production 

at four bureaus performing O&M functions; we have commenced technical work on bringing 

the IRS on as the fifth and largest managed service customer; 

• Treasury Enterprise Federation Service (TEFS) onboarded 12 new customers and integrated 

with third-party identity providers to expand citizen services and access; 

• Executed a Treasury-wide BPA for citizen authentication services access to the entire 

enterprise, allowing for secure and fast public access to Treasury systems; 

• Developed an alternative authentication solution and deployed it within 6 weeks to ensure 

continuity of government during the pandemic; 

• Implemented a hardware security module (HSM) as a service for the Derived PIV solution and 

DO; and 

• Implementation of the department-wide PKI OLT monitoring solution. 

Major Non-IT Investments 

DO Electric Vehicle Fleet 

Description: 

Treasury requested $5 million in FY 2024 in the Department-wide Systems and Capital Investments 

Program account for leasing of EVs and purchasing associated charging and supply equipment. 

Funding will be used for the replacement of traditional internal combustion vehicle leases with zeroemission vehicles across the Department. Where possible, electric vehicles (EVs) will replace 

traditionally powered leased vehicles as well. Additional charging station infrastructure will be 

installed to support fleet electrification. Some existing charging stations will require updates or 

replacement. 
Investment Obligations: (In Millions of $): 

Type FY 2022 

Actual 

FY 2023 

Estimated 

Obligations 

FY 2024 

President's 

Budget 

Change in 

$ % Change 

Sub-Total DME Obligations (Including 

Internal labor (Govt. FTE)) 0 . 0 0 0 . 0 0 5 . 0 0 5 . 0 0 0 . 0 0 % 

Sub-Total O&M Obligations (Including 

Internal Labor (Govt. FTE)) 0 . 0 0 0 . 0 0 0 . 0 0 0 . 0 0 0 . 0 0 % 

Total Obligations 0.00 0.00 5.00 5.00 0.00% 

Purpose, Accomplishments, Future Objectives: 

Treasury is committed to supporting the Administration’s goals of combatting the impacts of climate 

change and achieving 100 percent zero emission vehicle acquisition by 2035. Treasury is accelerating 

the conversion of its vehicle fleet to EVs as a part of strategic objective 4.4 (Sustainable Treasury 

Operations). Electrifying the Treasury fleet will support environmental and energy sustainability and 

will make Treasury more adaptive and resilient to the impacts of climate change.

Treasury requested $5 million in FY 2024 in the Department-wide Systems and Capital Investments 

Program account for leasing of EVs and purchasing associated charging and supply equipment. 

Funding will be used for the replacement of traditional internal combustion vehicle leases with zeroemission vehicles across the Department. Where possible, electric vehicles will replace traditionally 

powered leased vehicles as well. Additional charging station infrastructure will be installed to support 

fleet electrification. Some existing charging stations will require updates or replacement. 

Main Treasury Building and Freedman's Bank Building 

Description: 

Correct life safety and code issues, reduce building systems risk, and maintain the buildings. Absent 

full funding to perform a complete repair and renovation, Treasury is utilizing available funding to 

correct the most severe issues. 

Investment Obligations: (In Millions of $): 

Type FY 2022 

Actual 

FY 2023 

Estimated 

Obligations 

FY 2024 

President's 

Budget 

Change in 

$ % Change 

Sub-Total DME Obligations (Including 

Internal labor (Govt. FTE)) 8 . 8 8 9 . 6 5 6 . 1 2 - 3 . 5 3 - 3 6 . 6 0 % 

Sub-Total O&M Obligations (Including 

Internal Labor (Govt. FTE)) 0 . 0 0 0 . 0 0 0 . 0 0 0 . 0 0 0 . 0 0 % 

Total Obligations 8.88 9.65 6.12 -3.53 -36.60% 

Purpose, Accomplishments, Future Objectives: 

This request will pay for design studies, project planning, cost estimating, schedule, and inspections 

that DO no longer has in house capabilities due to previous funding cuts. This will provide project 

specific technical guidance, building code review and consultation, and third-party inspections where 
necessary. Some work, such as third-party inspections, are required to be performed by outside 

sources. This funding sets the groundwork for step three of Treasury’s three-part long term owned 

spaces strategy, as it will kickstart engineering work needed to begin a holistic approach to system 

modernization. 

Treasury’s three-step long-term strategy to continue to maintain and modernize its owned spaces: (1) 

secure the building’s outer envelope; (2) conduct a condition assessment to identify additional needs 

associated with the buildings’ continual aging and deferred maintenance; and (3) based on this 

assessment, conduct a holistic modernization of the building’s systems and infrastructure. Targeted 

investments address life safety and code compliance issues, reduce building systems risk by upgrading 

outdated systems, and bring both facilities into alignment with current building standards. Absent full 

funding to perform a complete repair and renovation of these historical buildings, available funding 

will be used to correct the most urgent issues. These investments are being executed with the 

expectation that were Treasury to pursue a full renovation and modernization, recent investments could 

be largely retained, achieving cost savings over the long term. These investments support a safe and 

healthy work environment that meets Treasury operational requirements. Project needs are mission 

focused and prioritized based on life-safety, security, code discrepancies, and needs that pose 

significant financial risk if not addressed in a timely manner. 

Treasury Operations has continued to strategically focus on restoring the health of the building 

envelope (shell), in an effort to correct the deteriorating building structure and infrastructure. 

Components of the Main Treasury building that have been repaired, replaced, or funded include new 

roofs (FY 2019/2021) and repairs to 40 percent of the windows (FY 2015/2017). The Freedman’s Bank 

Building components that have been repaired, replaced, or funded/planned include new roofs (FY 

2017/2019), domestic water line (FY 2020/2022), and replacement of all windows (FY 2009/2011). 

Funding and completion of these exterior items represent significant progress towards the preservation 

of the two buildings, maintaining a safe and healthy workplace, and reducing damage to the interior 

plaster and paint. The contract for the first phase of the Main Treasury exterior restoration was 

awarded late in FY 2021 and completed in FY22. Phase II began in March of 2023 and III will be 

funded in FY2023. FY 2024 requests will fund phase IV of the exterior restoration. 

While waterproofing to the exterior of the building is ongoing, it is equally important for staff health 

and safety to remediate water damage and prevent/eliminate mold and mildew where identified. Water 

intrusion and leaking pipes has resulted in damage to plaster and paint throughout the Main Treasury 

building. Additionally, carpet within MT & FBB is close to 20 years old, while projected life 

expectancy is typically 7-10 years. In many places carpet has become significantly worn, which and 

creates the potential for safety hazards.