The usual suspects of big firms with Washington connections quickly landed $100 million no-bid contracts for emergency housing, according to The Wall Street Journal. Among the firms were Bechtel, Fluor and Shaw Group, which also signed a separate $100 million deal with the Army Corps of Engineers to help pump out New Orleans and provide other relief services. The contracts reportedly contained cost-plus provisions, meaning the contractors are guaranteed a profit. Halliburton Co.'s Kellogg, Brown & Root had a previous Pentagon contract to repair some Navy facilities.(These are the folks who get to live on the cruise ships!) There's more here.
Sunday, September 18, 2005
Who's Who in the post-Katrina recovery
Posted by L D Schilling at 11:27 AM