My first question is on FedDev. I remember that a number of years ago, when FedDev was in its infancy, just up and running, one of the things Gary Goodyear used to mention was its low costs of operation and administration in delivering the money. I am wondering if that is still the case. Going forward, is the cost of delivering the dollars at about the same rate, or is there a different experience now?
On April 21st, 2016. See this statement in context.