Contractor Protests 'biased' Treatment At Hearing

Stock quotes in this article: KBR  

RICHARD LARDNER

WASHINGTON (AP) — KBR Inc., a major military contractor whose fees have generated criticism, says it was subjected to "judgmental and biased" treatment by a special panel investigating waste and fraud in war spending.

The May 4 hearing held by the bipartisan Wartime Contracting Commission was a one-sided affair that unfairly trashed the company's reputation, according to William Bodie, KBR's interim president for government and infrastructure.

"The hallmark of any serious evaluative body should be a rigorous and unbiased commitment to collecting data and perspectives prior to the assemblage of conclusions," Bodie wrote in a May 12 letter to commission leaders.

Formed by Congress last year, the eight-member commission has broad authority to examine military support contracts, reconstruction projects and private security companies. The May 4 hearing was its second public session as it works to complete an interim report next month. A final report is due in 2010.

Houston-based KBR was not invited to testify at the hearing. Nor did company representatives ask to testify, Michael Thibault, co-chair of the commission, said Wednesday. KBR was asked to provide a written statement and did.

  • Loading Comments...
  •  
< Previous
1 2 3 4

SHARE:

  • email
  • print
  • comment
  • digg
  • delicious
  • linkedin




Connect with TheStreet

Dow Jones S&P 500 NASDAQ 10-Year Note
10,291.26 1,098.51 2,166.90 34.74
Oil *
77.90
UP
44.29
UP
5.50
UP
15.82
DOWN
0.08
10 Yr
3.47%
SPDR Gold
109.60
+0.43%
+0.50%
+0.74%
-0.23%
Data delayed 20 minutes

Brokerage Partners

TheStreet Premium Services

All Services