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11 March 2004 -The Pentagon has awarded seven Iraq reconstruction contracts worth a total of about $130m to consortia of US firms. The contracts cover management projects in six sectors ranging from oil to electricity and are part of a package worth $5bn.
Contracts were awarded to AECOM ($21.6m), Iraq Power Alliance Joint Venture ($43.4m), Foster Wheeler ($8.4m), CH2M Hill/Parsons ($28.5m), Berger/URS - (three contracts worth $27.8m). Payment will come out of the $18.6bn in funds for Iraq set aside by the US.
Companies from nations that opposed the war in Iraq were not allowed to bid for these contracts. UK offices of Foster Wheeler and Parsons Brinckerhoff will take the lead on oil and power work.
The awarding of contracts has not been without difficultly. Some large projects, including the re-equipping of Iraq's security forces, has been delayed because of complaints about the fairness of the tendering system.
As part of the $5bn worth of contracts now being awarded, another 10 contracts are expected to be awarded in the coming weeks.
"Everything is moving very nicely and on schedule and the awards should be made soon," said retired Admiral David Nash whose Program Management Office at the Pentagon reports to the CPA.
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