Wasn't Halliburton awarded these contracts because they were supposed to be more "efficient" and cost-prohibitive? Interesting to think that Dick Cheney rammed through this kind of privatization of the military while working for Bush I, then became CEO of Halliburton after leaving govenment when Clinton was elected....
HOUSTON - The U.S. Army will begin withholding 15 percent of its payments on Halliburton Co.'s future invoices for logistical support of troops in Iraq and Kuwait, the oil services conglomerate said Tuesday.
Halliburton reversed its announcement Monday that the Army Materiel Command had given the company more time to explain and account for its costs before implementing a clause in a contract allowing withholding of payments. Halliburton said that on Monday the company understood that the extension, which expired Sunday, would remain in effect "based on clear oral assurances from senior Pentagon representatives."
Halliburton said Tuesday the company had learned that the Army Materiel Command had refused to grant a third extension before implementing the clause, which allows the government to withhold 15 percent of payments until contractors prove their costs...
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