Bidders for Iraq contracts face higher security bills
28 August 2012
Government procurement officials in the US may ask companies tendering for reconstruction projects in Iraq to pay for their own security.
By some estimates, the cost of rebuilding infrastructure and restoring essential services could reach $100 billion. The US government has seen costs climb as security deteriorates and money is lost through the theft of equipment and sabotage.
Some industry experts fear that any such plans would discourage companies from tendering for contracts, although others...