Army 1, Halliburton 0
Pentagon auditors last month "strongly" urged the Army to withhold paying 15 percent of Halliburton's bills in Iraq, saying the company had not provided enough details to support at least $1.82 billion out of $4.3 billion of logistical work. (See Previous Post- Aug. 17, 2004).
The newspaper quoted a Pentagon official as saying the intention in Iraq is to break up Halliburton's work into six or more smaller contracts, and complete the bidding process by the year-end. The exact timing would be left up to Central Command, which oversees Iraq military operations, the newspaper said, citing the official.
Houston-based Halliburton, whose chief executive from 1995 to 2000 was U.S. Vice President Dick Cheney, has been buffeted for months by accusations of overcharging on the contract, under which its Kellogg Brown & Root (KBR) unit provides services such as dining, housing, laundry and transportation.
The newspaper quoted a Pentagon official as saying the intention in Iraq is to break up Halliburton's work into six or more smaller contracts, and complete the bidding process by the year-end. The exact timing would be left up to Central Command, which oversees Iraq military operations, the newspaper said, citing the official.
Houston-based Halliburton, whose chief executive from 1995 to 2000 was U.S. Vice President Dick Cheney, has been buffeted for months by accusations of overcharging on the contract, under which its Kellogg Brown & Root (KBR) unit provides services such as dining, housing, laundry and transportation.
posted by BLONDIE at 11:33 AM
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