US authorities on Wednesday laid out an ambitious timetable to rebuild Iraq, saying they planned to award $18.7bn in contracts for reconstruction projects by the beginning of February.
David Nash, head of the new Iraq Infrastructure Reconstruction Office, said bids for 25 prime contracts covering tasks such as reparing electricity stations, training security services and fixing roads and bridges, would be due in early January.
Those prime contracts will be reserved for companies from the US-led coalition, although sub-contracts will be open to others.
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However small businesses remain concerned that they will be shut out. "Our chances of winning are probably zero because we're going up against companies like Halliburton," one executive complained to Mr Nash. "I doubt we'll see one penny from helping to rebuild Iraq."
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