VOL. XLVI

No 17

28-April-2003

IRAQ

IRAQ RECONSTRUCTION

USAID Says Current Reconstruction Contracts Paid By US, Not Iraq

The US Agency for International Development (USAID) has defended its procedure for awarding contracts exclusively to US companies following the award of the largest contract so far worth $34.6mn to San Francisco based engineering and construction firm Bechtel, asserting that the source of funds for the awards is the US, and not Iraq. USAID has said that while competition for the...