Cost Plus for Haliburton?
I came across an interesting little article in the Nation. I was interested in this article because it states that Haliburton is getting its contracts on a 'cost-plus' basis, which means simply that the company can spend any amount it likes on a project without a real budget (cost) and then tack on a profit (plus). i have no idea of how valid this little story is.

This is the same type of contract that the 'fast ferries' had, thus the massive cost overruns. the anecdote at the bottom of the article about cost overruns is out of context and not specific enough to mean anything. just because you are a structural engineer does not mean you have an idea of the goals, specifications, safety needs or cost of materials of a bridge being built across a river by the US government. you may know how to build 'a' bridge, but not the cost or specs of 'the' bridge. the story is useless.