Army: May Not Withhold Halliburton Money
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The US Army on Tuesday appeared to reverse a decision to stop paying a portion of Halliburton Co.&#39;s (HAL.N: Quote, Profile, Research) bills in Iraq and gave the company more time to resolve a billing dispute.
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Halliburton Co. may decide not to  submit new bids for the logistics contracts it holds in Iraq if  the U.S. military divides up the work too deeply, Chief  Executive Officer Dave Lesar said on Tuesday.
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News Item: &quot;The US Army has threatened to partially withhold payments to Halliburton due to allegations of overcharges for food, shelter and services.&quot; ...
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WASHINGTON The Pentagon extended a Halliburton contract for eleven months beyond its expiration despite warnings that the company was &quot;out of control&quot; in its work providing troop support in the Balkans.
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The U.S. Army will withhold payment on 15 percent of future invoices of Halliburton Co.'s logistics deal in Iraq due to an ongoing billing dispute, the company and the U.S. military said on Tuesday.
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WASHINGTON - The Army extended a Halliburton Co. troop support contract over the objections of a top contracting officer, even contending - and then withdrawing - a claim that US forces faced an emergency if the company didn&#39;t get the extra work.
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The billing dispute between the US Army and Houston-based Halliburton Co. continues as the Army on Tuesday said it would withhold paying 15 percent of future invoices from Halliburton.
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The U.S. Army had granted Halliburton a third extension to substantiate its costs in Iraq and Kuwait.
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Halliburton may not rebid for contracts to support US troops in Iraq if the US army breaks up its contract, the company says.
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WASHINGTON : US oil service firm Halliburton has acknowledged that improper payments &quot;may have been made&quot; to Nigerian officials through a consortium of which it was a member.
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NEW YORK, September 23  - The Halliburton Company (HAL.NYS) said today that it may sell its controversial engineering and construction subsidiary, KBR, if the company&#39;s share price performance did not match that of its peers.
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The company said today that the U.S. Army had decided not to grant it additional time to substantiate its costs in Iraq and Kuwait.
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The U.S. military expects to decide  within a week whether to withhold 15 percent of bills paid to  Halliburton Co. HAL.N for work in Iraq, an Army spokeswoman  said Wednesday, as Democrats cried foul over why the Army was  flip-flopping on the issue.
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WASHINGTON - The Army has abruptly reversed itself and decided to pay all of Halliburton Co.&#39;s fees to house and feed US troops in Iraq and Kuwait after the company threatened to legally challenge the effort to penalize it.
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The Pentagon is to withhold a proportion of payments to US firm Halliburton which supplies meals to US troops in Iraq.
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New York (dpa) - The US army plans within months to break up a 13-billion-dollar contract awarded to US company Halliburton to service troops in Iraq into at least six smaller contracts, according to a report Tuesday in The Wall Street Journal&#39;s online
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Halliburton&#39;s row with the US Army intensified yesterday when the military said it would withhold 15pc of future invoices due to an ongoing dispute over billing practices.