as i read the post, it would seem that the point has something to do with this;
Interview with Andrew Natsios, Administrator for the US Agency for International Development, with Ted Koppel, Nightline, ABC News, 23 April 2003 on the costs of Iraqi Reconstruction
Nightline: Project Iraq
April 23, 2003 Wednesday
Source: ABC News
TED KOPPEL
(Off Camera) Our guest tonight is ANDREW NATSIOS, administrator of the Agency for International Development, the lead agency that is responsible for rebuilding the infrastructure of Iraq. Mr. Natsios was manager of Boston's "Big Dig," the largest public works project in American history. He is also a veteran of Desert Storm. He joins us here in our Washington studios. First of all, let me say that there is no evidence that anything illegal has been done or even anything improper. The question is, was it smart to exclude all non-American companies?
ANDREW NATSIOS
Well, first, that's Federal law. Federal statute requires that all Federal agencies only allow American companies to bid under the Federal acquisition statute.
TED KOPPEL
(Off Camera) Actually, obviously, I have to defer to your expertise, but I'm not sure that that is true of all Federal statutes. The Army Corps of Engineers is not required to, is it?
ANDREW NATSIOS
Well, I think it is, but they can waive it. And I can waive it. And I did waive it in January for subcontracts. But the problem is, when we started this process, it was January. The President had not decide to go to war. If we had gone internationally to a big bidding process, it would've sent a huge message the decision had already been made when what we were doing was prudent contingency planning for what might happen. There was some likelihood it would happen, but a decision hadn't been made. So, we did do competition. It was limited competition. It's a procedure, let me just say, it's a procedure we used in Bosnia in the Clinton years, that's where we got this from. It was done to speed up the reconstruction of Bosnia. We also did it in Afghanistan and now we're doing for a third time in ten years in Iraq. And no one raised complaints about this before, I might add.
TED KOPPEL
(Off Camera) Well, it's a, I think you'll agree, this is a much bigger project than any that's been talked about. Indeed,
I understand that more money is expected to be spent on this than was spent on the entire Marshall Plan for the rebuilding of Europe after World War II.
ANDREW NATSIOS
No, no. This doesn't even compare remotely with the size of the Marshall Plan.
TED KOPPEL
(Off Camera)
The Marshall Plan was $97 billion.
ANDREW NATSIOS
This is 1.7 billion.
TED KOPPEL
(Off Camera) All right, this is the first. I mean, when you talk about 1.7,
you're not suggesting that the rebuilding of Iraq is gonna be done for $1.7 billion?
ANDREW NATSIOS
Well, in terms of the American taxpayers contribution, I do, this is it for the US. The rest of the rebuilding of Iraq will be done by other countries who have already made pledges, Britain, Germany, Norway, Japan, Canada, and Iraqi oil revenues, eventually in several years, when it's up and running and there's a new government that's been democratically elected, will finish the job with their own revenues. They're going to get in $20 billion a year in oil revenues. But
the American part of this will be 1.7 billion. We have no plans for any further-on funding for this.
natsios interview, koppel transcript