Halliburton Contracts in Iraq: The Struggle to Manage Costs
The Pentagon’s Iraqi Oil Infrastructure contract with Halliburton was intended to last for a few months, but it has now been in effect for nearly a year and grown to a more than $2 billion.
Nov. 11, 2002
The Bush Administrations asks Halliburton (then operating under an Army logistical contract) to develop a contingency plan for Iraq’s oil infrastructure.
March 6, 2003
A classified oil infrastructure contract is awarded to Halliburton’s Kellogg, Brown and Root unit without competitive bidding. (IN MY OPINION – this was done secretively with a company already under contract to the USA’s military because the TRUE motive to the invasion would be known and exposed to the UN Security Council.)
MARCH 20, 2003
At 2200 hours or 10:00 PM Bush begins his ‘Shock and Awe’ campaign.
March 24, 2003
The contract for extinguishing oil fires and assessing oil facility damage, is publicly announced.
April 8, 2003
The Bush Administration says the Halliburton contract is worth up to $7 billion, but that the bulk of the work will be open to contractor bids.
April 14, 2003
The Army Corp of Engineers states the contracts will be worth less than $850 million. They expect to open the bidding process by the end of April, and to award a new contract in June.
May 2, 2003
The Army also discloses that the contract also includes operation of oil facilites, AND THE DISTRIBUTION OF OIL. The contract award is delayed until August.
May 6, 2003
Halliburton’s Oil Contract now at $77 million.
June 11, 2003
The Army delays the contract award until October.
July 17, 2003
Halliburton’s Oil Contract now at $461 million.
August 21, 2003
Halliburton’s Oil Contract now at $704 million.
October 17, 2003
Halliburton’s Oil Contract now at $1,590,000.
October 29, 2003
The Army delays the contract award until December.
November 18, 2003
Halliburtons’ Oil Contract now at $1,715,000.
December 1, 2003
The Army delays the contract award until January 2004.
December 11, 2003
Halliburton’s Oil Contract now at $2,261,000.
Prediction:
ARMY DELAYS AWARD OF CONTRACT AS THE NEW IRAQI GOVERNMENT IS SOON TO TAKE OVER AND HALLIBURTON IS THEIR CHOICE.
I should update this.
