Tuesday, February 28, 2006

"The Army has decided to reimburse a Halliburton subsidiary all but $9 million of nearly $222 million in costs that Pentagon auditors questioned for oil industry work in Iraq, military officials said Monday. At issue is a $2.4-billion contract awarded without competitive bidding to the subsidiary, KBR, to deliver fuel to Iraqis and repair oil equipment. The 2003 contract came under criticism because of the lack of bidding and because of Halliburton's links to Vice President Dick Cheney, once its chief executive."