***A little tidbit I came across....
To get a job rebuilding their country, Iraqis are required by Bechtel to carry three types of insurance:
$2mn minimum indemnification insurance, which costs up to 10% of the contract's cost. It covers misfortunes such as equipment loss and injured workers.
Bid securities insurance, where banks provide a guarantee that the company will not withdraw its bid. The Iraqi contractor bidding on the project must provide a cashier's or certified check for 10% of the projected amount of the project.
Performance insurance
guarantees that the job is completed. It, too, can cost up to 10% of the projected cost of the contract.
According to Ms. Hayes-Raitt, the Iraqi contractors complained to the Bechtel executive that this insurance was not available in Iraq. The response from Bechtel was: “Don't worry, there will be American insurance companies coming in to sell you insurance.”
These examples raise important questions. The contracts with Halliburton and Bechtel are cost-plus contracts. This means that the bigger, the more complex, and the more expensive the project, the greater the profits for the companies. It also means that there is little incentive for Halliburton and Bechtel to reduce costs by subcontracting work to low-cost Iraqi contractors. It is easy to understand how this arrangement is lucrative for the companies involved. But what is unclear is how these arrangements protect the interests of the US taxpayer or further the goal of putting Iraqis to work rebuilding their own country.
http://www.mees.com/postedarticles/oped/a46n40d02.htm
this site also has alot of Iraq information on it....
http://www.iraqrevenuewatch.org/
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