Halliburton Could Get $1.5 Bln More Iraq Work-Army

[Up2Late]

Fri Feb 25, 2005 05:07 PM ET
WASHINGTON (Reuters) - Halliburton Co., under scrutiny for its contracts in Iraq, would receive an extra $1.5 billion as part of the Bush administration's additional war spending proposal for fiscal 2005, a senior U.S. Army budget official said on Friday.

Halliburton, once led by Vice President Dick Cheney, is the largest corporate contractor in Iraq and has drawn fire for its no-bid contracts there, with auditors charging its Kellogg Brown and Root (KBR) unit overcharged for some work.

The Army's portion of a $81.9 billion supplemental spending package earmarked the extra funding for KBR under its LOGCAP (Logistics Civil Augmentation Program) contract to provide a wide range of services to U.S. troops in Iraq, the official said. The contract covers food and laundry services, trash collection, mail delivery and other support services.

If approved by Congress, that would bring the total spending under KBR's LOGCAP contract to about $6 billion in fiscal year 2005, about the same amount spent a year earlier, said the official, who spoke on condition of anonymity.
(more at link)
<http://www.reuters.com/newsArticle.jhtml?type=domesticNews&storyID=7745573&src=rss/domesticNews>