What was the total amount contracted with Halliburton for Iraqi reconstruction and how much were they paid?

Question

What % of what we contracted for did we get for what % of the money? A basic construction question.
What would happen in this country if we were without basic infrastructure, our children were being shot in the streets, normal life was disrupted, and most people were unemployed?
I think we won the military war when we entered Baghdad and overthrew Saddam. Remember the Iraquis celebrating in the streets?
Are our people fighting and dying over there at least partially because we did not fulfill our promise to reconstruct the country? How much were we defrauded by the reconstruction effort? Aren't the pres. and vice pres culpable? (They are the senior executives admistrating the budget and the buck stops where?). Should we sue to get our money back? Then use it for its originally intended purpose?

Answer 1

According to this website http://www.sfgate.com/cgi-bin/article.cgi?file=/chronicle/archive/2006/03/17/MNGJDHPS701.DTL, they are being paid over 1 billion. Who knows? They are dealing with Dick Cheney. They are crooks. I am glad to see people like yourself starting to ask such pertinent questions.

Answer 2

I'm sure that reconstruction was on a cost plus basis.

How in hell could anyone know the costs to reconstruct a country without knowing what was involved.

What other corporation in the US is big enough to handle such a task.
Financing, equipment, manpower, performance bonds,etc.

Have you ever read a government contract for a project?
Most all other businesses would be bankrupt in a month.

Answer 3

The amount that you are referring to is not finalized yet do to the nature of defense contracting. Also your question does not take into account that all companies have what is referred to as"overhead" which is typically 20-30% of a contract. This is an accepted business norm and not particular to defense contractors.