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Politics : PRESIDENT GEORGE W. BUSH

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To: MKTBUZZ who started this subject5/30/2003 2:53:57 PM
From: DuckTapeSunroof  Read Replies (2) of 769670
 
Army Deal Pays Halliburton $425 Million

nytimes.com
By THE ASSOCIATED PRESS
May 30, 2003

WASHINGTON, May 29 � The Army has given a Halliburton subsidiary more than $425 million in troop support work, much of it related to the Iraq war, over the last 14 months under a contract the company won in 2001.

The work is in addition to the $71.3 million that the subsidiary, Kellogg Brown & Root, has received from the Army Corps of Engineers to repair and operate oil wells in Iraq.

Rather than put the Iraq work up for bidding, the government has used the 2001 Halliburton contract to place the various work orders in Iraq, prompting criticism from some Democrats that Halliburton � which was led by Vice President Dick Cheney from 1995 to 2000 � is receiving favored treatment.

Representative Henry A. Waxman, Democrat of California, who disclosed the troop support work orders today, said the structure of the contract meant that "the amount that Halliburton could receive in the future is virtually limitless."

Copyright 2003 The New York Times Company |
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