Halliburton gets more time to justify bills to US Army
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NEW YORK, August 18 (New Ratings)  The Halliburton Company (HAL.NYS) has reportedly gained more time to justify its bills to the US Army, regarding the company&#39;s contract to provide logistic services to the US troops in Iraq.
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The company said today that the United States Army had decided not to grant it additional time to substantiate its costs in Iraq and Kuwait.
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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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The US 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
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Eight US soldiers are challenging the Army&#39;s enlistment policy. The policy requires them to serve longer than the terms of their contracts.
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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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Halliburton said Tuesday that the US Army had decided not to grant it additional time to substantiate its costs for feeding and housing American troops in Iraq and Kuwait, a decision that could cost the company 15 percent of its 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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WASHINGTON - The US army said it had suspended its decision to partially withhold payments to Halliburton, the biggest US contractor in Iraq.
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Halliburton Co.&#39;s multibillion dollar contract for work to support US troops in Iraq will be put back up for bids, according to a published report.
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Halliburton HAL.N said on Monday  the U.S. Army had decided to give the company more time to  resolve a billing dispute before withholding payment of up to  15 percent of the company's bills in Iraq and Kuwait.
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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, Aug 17  - In an otherwise listless credit market, Halliburton has created some drama with its ongoing saga with the Army over its accounting for $1.8 billion of work in Iraq and Kuwait.
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WASHINGTON : US oil service firm Halliburton has acknowledged that improper payments &quot;may have been made&quot; to Nigerian officials through a consortium of which it was a member.
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Halliburton, the Texas company once  run by Vice President Dick Cheney, has been given more than $10  billion worth of business in Iraq so far despite critical  audits and investigations into its work.
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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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A Defense Department auditor last week criticized Army managers responsible for overseeing a giant logistical contract with Halliburton Co., saying in a memo they have not been firm enough in seeking justification for $1.8B in expenses for work in Iraq and Kuwait.