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MARIN COUNTY'S NEWS MONTHLY - FREE PRESS
(415)868-1600 - (415)868-0502(fax) - P.O. Box 31, Bolinas, CA, 94924

September, 2004

Halliburton Contracts Should Be Suspended By Feds


 

   The government should consider suspending or debarring Halliburton from receiving future government contracts given their inability to account for $1.8 billion and numerous cases of corporate misconduct. Vice President Cheney headed Halliburton before he was elected Vice President. (see Center for Public Integrity http://www.publicintegrity.org/wow/report.aspx?aid=366&sid=100 ).
   "By law, the federal government is prohibited from doing future business with risky companies. Halliburton's accounting fiasco is the clearest example we have seen in years that merits suspension or debarment by the government. Halliburton is treating our nation's taxpayer dollars like Monopoly money," said Danielle Brian, Executive Director of the Project On Government Oversight (POGO).
   Many of the US government's largest contractors were found to have repeatedly broken the law or engaged in misconduct, according to investigations by POGO in 2001 and 2002. However, they were, at that time, never even temporarily suspended or debarred from gaining additional government contracts, contrary to Reagan/Bush era laws.
   Since POGO's investigation, federal officials have more closely followed laws that require the government to bar unethical companies from government contracts. As a result, for the first time in more than a decade, major contractors involved in misconduct were recently suspended from government contracts including Enron, MCI/Worldcom, and defense contractor Boeing.
   Halliburton has been one of the fastest-growing defense contractors, seeing increases of government revenues go from $483 million in FY 2002 to $3.92 billion in FY 2003, according to the Department of Defense. As a result their ranking went from 37th largest to 7th largest defense contractor.

For more background information, see:
   ¥ Testimony of POGO's Danielle Brian before the George Washington School of Law Regarding "Suspension & Debarment: Emerging Issues in Law and Policy" http://www.pogo.org/p/contracts/ct-031101-debarment.html
   ¥ POGO's 2002 report and database "Federal Contractor Misconduct: Failures of the Suspension