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Saturday, April 01, 2006

 

FEMA breaks promise to reopen no-bid contracts for Katrina work

WASHINGTON - FEMA has broken its promise to reopen four multimillion-dollar no-bid contracts for Hurricane Katrina work, including three that federal auditors say wasted significant amounts of money.

Officials said they awarded the four contracts last October to speed recovery efforts that might have been slowed by competitive bidding. Some critics, however, suggested they were rewards for politically connected firms.
Full Article by Hope Yen

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