DUPE - Pentagon backs off threat to withhold payments to Halliburton

Pentagon backs off threat to withhold payments to Halliburton

Wednesday, August 18, 2004


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(08-18) 07:41 PDT HOUSTON (AP) --

The Pentagon backed off its threat not to pay a Halliburton Co. subsidiary for troop support work, instead giving the company more time to justify its bills to the Army.

Tuesday's decision ended a two-day exchange between the military and the oil and gas giant once led by Vice President Dick Cheney, according to a newspaper report.

Earlier in the day, Houston-based Halliburton had said the government planned to withhold 15 percent of its monthly payment, or about $60 million a month, from the company's Kellogg Brown & Root subsidiary, which provides meal services, laundry, mail and housing for soldiers in Iraq and Afghanistan.

The announcement was a reversal from one Monday, when the company said the Army Materiel Command had given it more time for its subcontractors to prove their costs before implementing a clause in a contract allowing withholding of payments. Halliburton has already been granted extra time twice.

more...
http://www.sfgate.com/cgi-bin/article.cgi?file=/news/archive/2004/08/18/financial1041EDT0067.DTL


I love the title to this article. Pentagon backs off threat to Halliburton. Looks like Halliburton is the stronger of the two.

came out yesterday afternoon, but thanks!

rawstory posted a Reuters article, I posted a BBC article-both were about this.

What a crock of shit. We the taxpayers have our money thrown down the toilet to Halliburton to rebuild Iraq...after our military tore it apart and the citizens of the US can't even get the government to give 1 billion to build and upgrade schools in America.