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Politics : Impeach George W. Bush

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From: 10K a day7/13/2006 10:48:38 PM
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Reuters
Army to rebid huge Halliburton contract
Wednesday July 12, 7:15 pm ET
By Will Dunham

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WASHINGTON (Reuters) - The U.S. Army said on Wednesday it will end a Halliburton Co. (NYSE:HAL - News) unit's multibillion-dollar contract to provide logistical support to soldiers in Iraq and other parts of the globe, and will rebid the contract later this year.

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Army officials said they will not renew the contract awarded in 2001 to Halliburton subsidiary KBR to provide water, dining and laundry services and transport fuel and other items, including mail, to U.S. troops.

Instead, they described a plan to divide the work among three companies, with a fourth supporting the work. "It will be rebid," said Dave Foster, an Army spokesman at the Pentagon, adding KBR is free to take part in the new competition

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