Wednesday, August 09, 2006

$400 MILL FEMA CONTRACTS NOW TOTAL $3.4 BILL

And Skeletor still has a job because.....


By Spencer S. Hsu
Washington Post Staff Writer
Wednesday, August 9, 2006; Page A08

Four no-bid contracts awarded by the Federal Emergency Management Agency to house Hurricane Katrina evacuees have ballooned in value from $400 million to about $3.4 billion, prompting renewed scrutiny from Congress and federal auditors about the disaster agency's management of the aftermath of the storm.

The Department of Homeland Security's inspector general is, for at least a second time, reviewing the contracts with construction and engineering firms Bechtel Corp., CH2M Hill Inc., Fluor Corp. and the Shaw Group Inc. to provide 150,000 trailers for hurricane victims, even as FEMA expects to competitively award at least $1 billion for similar work in future contingencies within days.


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