Let the disaster profiteering begin!
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http://www.nytimes.com/2005/09/10/national/nationalspecial/10contracts.html?pagewanted=1>
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One of the most immediate tasks after Hurricane Katrina hit was repair of the breaches in the New Orleans levees. Three companies - the Shaw Group, Kellogg Brown & Root and Boh Brothers Construction of New Orleans - have been awarded no-bid contracts by the Army Corps of Engineers to perform the restoration.
"After a disaster, we have certain authorities to execute contracts faster than we ordinarily would," Gene Pawlik, a Corps of Engineers spokesman in Baton Rouge, said on Friday. "There is a pot of money that Congress gives us that lets us respond quickly to an emergency."
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Halliburton, Kellogg Brown & Root's parent company, has a $500 million, five-year contract with the Navy to provide emergency repairs at military installations damaged in the hurricane. Under terms of the contract, Halliburton draws down on the money as it performs services for the military.
Halliburton is doing repair work at three Mississippi naval facilities, as well as at the Stennis Space Center. The company will also assess pump and infrastructure damage in New Orleans and construct a facility to support recovery efforts, it said.
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