August 30, 2010

Wasted Billions In Iraq

alan_parsons_project.jpg
even worse than that

us wasted billions in iraq.jpg


In March 2004, the Corps of Engineers awarded a $40 million contract to global construction and engineering firm Parsons Corp. to design and build a prison for 3,600 inmates, along with educational and vocational facilities. Work was set to finish in November 2005.

But violence was escalating in the area, home to a volatile mix of Sunni and Shiite extremists. The project started six months late and continued to fall behind schedule, according to a report by the inspector general.

The U.S. government pulled the plug on Parsons in June 2006, citing "continued schedule slips and ... massive cost overruns," but later awarded three more contracts to other companies. Pasadena, Calif.-based Parsons said it did its best under difficult and violent circumstances.

Citing security concerns, the U.S. finally abandoned the project in June 2007 and handed over the unfinished facility to Iraq's Justice Ministry.




Wait a second:



controversial parsons.PNG
but where are the projects?



parsons projects.jpg

and if:

army cancels.PNG
then



parsons financial.PNG

did they get the money anyway?

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