Halliburton: Army  to Give Company More Time to Resolve Billing Dispute
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Halliburton said 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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An Army official responsible for administering the giant logistical contract with Halliburton Co. for food, housing and other services in Iraq and Kuwait said yesterday that his command has not had enough trained people to properly oversee the ...
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Halliburton 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. ambassador to Kuwait and other senior U.S. officials put pressure on Halliburton to award a contract to a Kuwaiti company suspected of overcharging to bring fuel into Iraq, according to State Department documents released on Wednesday.
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The FBI has expanded an investigation into allegations of contract irregularities by Halliburton Co. subsidiary Kellogg Brown &amp; Root Inc.
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In a departure from normal policy, the Army said yesterday it will not withhold future payments to Halliburton Co., despite audit reports last summer that said the giant logistical contractor had not properly accounted for a wide variety of work in Iraq and Kuwait.
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Halliburton Co., accused of  overcharging on its contract in Iraq, on Tuesday said it may  decide not to submit new bids for the business if the U.S.  military divides up the work too deeply.
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The U.S. Army reversed a decision  late Tuesday to withhold payment on 15 percent of future  invoices of Halliburton Co.'s HAL.N logistics deal in Iraq  and gave the company more time to resolve a billing dispute.
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The US Army plans within months to break up Halliburton Co.&#39;s contract to provide support services for US troops in Iraq -- valued at up to $13 billion -- and open the work to competitive bids, the Wall Street Journal said on Tuesday
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Halliburton unit Kellogg Brown and  Root, the U.S. military's biggest contractor in Iraq, could not  account for over a third of the items it handled in Kuwait  under a work order for the U.S. occupation authority in Iraq,  said an audit released on Thursday.
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The United States army will withhold payment of up to $60m (£32.8m) a month on future invoices submitted by Halliburton, the firm formerly run by vice-president Dick Cheney, due to a continuing dispute over work done in Iraq.
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Adding a new voice to a politically delicate debate, the Pentagon&#39;s special auditor for Iraq reconstruction has recommended that the military hold back a share of reimbursements to the Halliburton
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After a week of flip-flops by the Army, Halliburton is waiting for a final decision on whether the military will withhold 15 percent of payments for some of its work in Iraq.
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&quot;Payments may have been made to Nigerian officials,&quot; Halliburton says in its quarterly filing with the Securities and Exchange Commission.
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Halliburton Co. HAL.N may decide not  to submit bids for the logistics contracts it holds in Iraq if  the U.S. military divides up the work too deeply, Chief  Executive Officer Dave Lesar told an analysts' conference in  New York on Tuesday.
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WASHINGTON The Pentagon extended a Halliburton contract for eleven months beyond its expiration despite warnings that the company was &quot;out of control&quot; in its work providing troop support in the Balkans.
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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 an ongoing billing dispute, the  company and the U.S. military said on Tuesday.