Army to Let Halliburton Keep Iraq Payment
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The U.S. Army is laying the groundwork to let Halliburton Co. keep several billion dollars paid for work in Iraq that Pentagon auditors say is questionable or unsupported by proper documentation, the Wall Street Journal reported on Friday.
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NEW YORK, September 7 (New Ratings) - The US Army reportedly intends to break up its multibillion dollar contract, awarded to Halliburton Co (HAL.
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The U.S. Army on Tuesday appeared to  reverse a decision to stop paying a portion of Halliburton  Co.'s HAL.N bills in Iraq and gave the company more time to  resolve a billing dispute.
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New York (dpa) - The US army plans within months to break up a 13-billion-dollar contract awarded to US company Halliburton to service troops in Iraq into at least six smaller contracts, according to a report Tuesday in The Wall Street Journal&#39;s online
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Halliburton Co. on Tuesday said the  U.S. Army will withhold payments of 15 percent of future bills,  apparently backtracking on an earlier deal.
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The US Army is studying a possible compromise with Halliburton Co. that might allow the company to keep several billion dollars in disputed billings for work in Iraq, defense officials said on Friday.
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The Pentagon is to withhold a proportion of payments to US firm Halliburton which supplies meals to US troops in Iraq.
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The Army reversed a decision to withhold payment on 15 percent of future payments to the Halliburton Company on its contracts in Iraq and Kuwait.
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The U.S. Army is studying a possible  compromise with Halliburton Co. that might allow the company to  keep several billion dollars in disputed billings for work in  Iraq, defense officials said on Friday.
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The U.S. Army plans to withhold payment on 15 percent of future invoices of Halliburton's logistics deal in Iraq due to an ongoing billing dispute.
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Halliburton's engineering and  construction unit KBR expects its billing dispute over meals  for U.S. troops in Iraq to be settled soon, a senior KBR  executive said on Tuesday.
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The U.S. Army will withhold payment  on 15 percent of future invoices of Halliburton Co.'s HAL.N  logistics deal in Iraq due to a billing dispute that could cost  the company $60 million a month, the military said on Tuesday.
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The US Army on Tuesday appeared to reverse a decision to stop paying a portion of Halliburton Co.&#39;s (HAL.N: Quote, Profile, Research) bills in Iraq and gave the company more time to resolve a billing dispute.
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DALLAS (CBS.MW) -- Halliburton&#39;s internal investigation has uncovered evidence that potential bribes to Nigerian officials were discussed, but the company said it hasn&#39;t found any evidence of actual payments to either obtain or retain business in the
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A US government auditor has backed a Pentagon recommendation to withhold payments to controversial US giant Halliburton over its work in Iraq.
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Halliburton&#39;s row with the US Army intensified yesterday when the military said it would withhold 15pc of future invoices due to an ongoing dispute over billing practices.
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The billing dispute between the US Army and Houston-based Halliburton Co. continues as the Army on Tuesday said it would withhold paying 15 percent of future invoices from Halliburton.