Friday, July 28, 2006

Bechtel Loses Contract -- Finally!

Series of Woes Mar Iraq Project Hailed as Model - New York Times:
"BAGHDAD, Iraq, July 27: The United States is dropping Bechtel, the American construction giant, from a project to build a high-tech children's hospital in the southern Iraqi city of Basra after the project fell nearly a year behind schedule and exceeded its expected cost by as much as 150 percent."
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