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Wednesday, April 20, 2011

http://www.truthout.org/bp-still-being-awarded-lucrative-government-contracts
Excerpt:
BP Still Being Awarded Lucrative Government Contracts
Wednesday 20 April 2011
by: Jason Leopold, Truthout

BP continues to receive tens of millions of dollars in government contracts, despite the fact that the British oil company is under federal criminal investigation over the disaster in the Gulf of Mexico and twice violated its probation late last year.
Last week, the Defense Logistics Agency awarded Air BP, a division of BP Products North America, a $42 million contract to supply fuel to Dover Air Force Base for the next month and a half.
What makes this particular contract unique is that it is one identified as "an unusual and compelling urgency" contract, which means the government would be "seriously injured"and national security could be at risk unless the Defense Logistics Agency was permitted to "limit the number of sources from which it solicits bids or proposals."
The Defense Logistics Agency sent out a request for proposals on March 25 and set a deadline of April 1 for offers to be returned. Included in the government's proposal is a purchase request for 20 million gallons of jet fuel at an average price of $2.10 a gallon.
According to government contracting regulations, "an unusual and compelling urgency precludes full and open competition" and "delay in award of a contract would result in serious injury, financial or other, to the Government."

http://newsbusters.org/blogs/jeff-poor/2010/06/15/cnbc-analyst-bp-lose-offshore-leases-faces-bar-government-contracts
Excerpt:

CNBC Analyst: BP to Lose Offshore Leases, Faces Bar from Government Contracts

Jeff Poor's picture
With the federal government - both on Capitol Hill and in the White House - beginning to take investigative and punitive action against BP (NYSE:BP), the future of the company, at least in the United States, is in peril.

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