Monday, September 19, 2005

FEMA does it again.

USA Today has an article on the selfless companies given no-bid contracts by FEMA, so far, for Katrina cleanup.
Two of the first companies that got emergency no-bid federal contracts for Hurricane Katrina recovery work have faced questions over past business practices, court and government records show.

A division of Fluor, a California firm awarded a housing contract worth up to $100 million, has paid millions of dollars to settle federal government lawsuits — including one that accused it of overbilling for 1989 hurricane cleanup work.

The Shaw Group, a Louisiana firm that won housing and engineering contracts worth up to $200 million, has disclosed that it is being investigated by the Securities and Exchange Commission. The firm is also a defendant in federal securities class-action cases.
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FEMA spokesman Widomski said his agency had been unaware of both the SEC matter and the securities class-action lawsuits involving the Shaw Group.
Assuming the legal actions weren't among those at the convention center, we should be braced for a lot more of these disclosures with TurdBlossom in charge of Katrina relief.

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