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U.S. to spend $1 billion on private guards in Iraq – who is President Obama paying off now?

Posted by on Sep 8th, 2009 and filed under International. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

The U.S. recently awarded contracts worth hundreds of millions of dollars for more private guards in Iraq. (By Steve Fainaru -- The Washington Post)

The U.S. recently awarded contracts worth hundreds of millions of dollars for more private guards in Iraq. (By Steve Fainaru -- The Washington Post)

Reported by the Washington Post

As the United States withdraws its combat forces from Iraq, the government is hiring more private guards to protect U.S. installations at a cost that could near $1 billion, according to the special inspector general for Iraq reconstruction.

On Sept. 1, the Multi-National Force-Iraq (MNF-I) awarded contracts expected to be worth $485 million over the next two years to five firms to provide security and patrol services to U.S. bases in Iraq.

Under this contract, the firms will bid against one another for individual orders at specific bases or locations. These “task orders” in the past have ranged from supplying one specialist to providing as many as 1,000 people to handle security for a major base.

Under a similar contract with five security contractors that began in September 2007, the MNF-I spent $253 million through March 2009, with needs growing over that 18-month period. That contract, which was to run three years, had a spending limit of $450 million.

Full story here

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