CBP Says New Funding Strategy will Allow for ACE Progress through 2016

A new funding strategy for CBP will allow for continued development of the Automated Commercial Environment (ACE), the agency said in the May version of its monthly update on ACE. ACE entered into an operations and maintenance phase in FY 2012 as it lacked the funds for further ACE development. CBP now says it and the Department of Homeland Security have developed a funding strategy "that gets us a good part of the way toward our goal of completing core trade functionality in ACE within approximately three years," it said. This new strategy "covers new development through FY 2014, and additional O&M cost reductions and internal funding sources are anticipated to cover FY 2015-2016 needs," said CBP. An agency spokeswoman didn't return a request for comment.