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Pentagon blasts KBR's operation on Katrina contracts »

Posted by: bubba2 2 months ago

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A Pentagon report alleges that KBR held an illegal contract, overcharged millions to the Navy and produced shoddy workmanship on its Mississippi jobs after Katrina. KBR allegedly used a type of contract known as 'cost plus percentage of cost.' Its premise is the higher the costs, the more profit the contractor turns - it actually rewards wastefulne

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Submitted By:
bubba2

I'm OUTTA here! The new format S-U-C-K-S! (I'll check back occasionally just in case Propeller regains their sanity and restores the previous format ...

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