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Contractor Bailout.
By Tom Shoop | Wednesday, December 22, 2004  |  01:28 PM

I get the sneaking feeling this is a leading indicator: The LA Times reports that Contrack International Inc. has become the first holder of a major Iraq reconstruction contract to bail out of the country, citing out-of-control security costs. The Pentagon was quick to treat the company like a bad boyfriend. "It's not a terrible loss," said Amy Burns, spokeswoman for DoD's Iraq Project and Contracting Office. "It actually may be good that we're both moving on."


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Government Executive Editor Tom Shoop takes a look at news and events affecting the federal bureaucracy, from the perspective of a longtime observer of government.

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