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Tag Archives | Anham

Iraq Contractor 'Marked up Prices by 12,000%'

By on 3rd August 2011 in Iraq Industry & Trade News

A United Arab Emirates-based logistics contractor billed Defense Department authorities in Iraq for parts at prices marked up as high as 5,000 percent and 12,000 percent, according to a quarterly report released Saturday by the Special Inspector General for Iraq Reconstruction. GovExec reports that a review of a $119 million reconstruction and logistics contract with […]

Indicted Firm Wins Extension of Iraq Contract

By on 14th December 2010 in Iraq Industry & Trade News, Security

The Defense Department is being forced to extend multimillion-dollar contracts for services in Iraq, including one with a firm under criminal indictment, because losing bidders have legally challenged the companies selected as replacements, according to a report from the Washington Post. The Kuwaiti firm Agility, charged in November 2009 with overbilling food contracts worth $8.5 […]