Contracting
Ecopetrol reported $23.8 billion in contracts for goods and services in 2025, a 4.8% increase from 2024. Of that amount, 96% went to national providers, bolstering the local industry. The approach aims to support projects and operations across various regions of the country.
Reported by AI Fact checked
U.S. Defense Secretary Pete Hegseth — who uses the secondary title “Secretary of War” under a Trump-era executive order — said the Pentagon will seek major changes to the Small Business Administration’s 8(a) Business Development program, portraying it as an early federal diversity initiative and arguing that its use in large, noncompetitive contracts has invited waste and fraud.
December 17, 2025 04:05