The Federal Drive with Terry Gerton

Despite all the turmoil in federal contracting over the last year, agencies surpassed the 23% governmentwide goal for awards to small businesses in fiscal 2025. The Small Business Administration said last Thursday that agencies awarded 28% of all prime contracts to small firms last year. While agencies reached the overall goal, the total dollars going to small businesses dropped to $179 billion last year from $183.5 billion in 2024. For more on SBA's 2025 small business scorecard, Federal News Network executive editor Jason Miller joins me now to discuss.
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Leaders across all levels of government convened last week at the Library of Congress in downtown Washington, D.C, for an event celebrating public service. As the U.S. approaches the 250th anniversary of its founding, the ceremony sparked inspiration for the next generation of government leaders. Federal News Network’s Drew Friedman was at the event and she files this report.
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Net contributions are down and now negative. At the same time, the G Fund has lost its place as the dominant investment. Arthur Stein, Partner with Allworth Financial, says those shifts are connected, and together they point to a change in how the TSP is working for investors.
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A massive overhaul of the Federal Acquisition Regulation is now moving through formal rulemaking, with the first set of proposed changes touching wide swaths of how contracts are planned, awarded and managed. The documents run longer than Moby Dick, and stakeholders have just 30 days to weigh in. Here to walk us through the key changes is Partner at Haynes Boone, Dan Ramish.
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Admiral Hyman G. Rickover had a huge task, development a naval nuclear propulsion program that will use the technology efficiently and safely for years to come. Now known as the "Father of Nuclear Navy," it is safe to say that mission was accomplished. During his career however, he brought many into his sphere of influence and advised many other federal leaders and even presidents about nuclear power to make sure it gets the care and attention it needs. Now one of his long time assistants has written a book about the life and career of the admiral, who I jumped at the chance to speak with, seeing as my own grandfather served under him in the U.S. Navy. I had the pleasure of speaking with Joann DiGennaro, who is the co-founder and now president of the Center for Excellence in Education, an organization the admiral himself created.
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