PRB Minutes 7-5
4:10 Meeting Started
Project discussion:
# 270 deferred needs more information; committee needs price breakdown per unit.
#290, 319, 328, 346 Passed with unanimous decision
#346 Water Generators Proposal: There was significant discussion about the proposal
and Bechtel's role. Bechel will not receive additional funding under the $75M funding
request but would provide technical assistance to the Iraqi counterparts in procuring.
installing and managing the generators, under the current contract. Steven Sabey asked
that the fallowing points be recorded "contrary to what was written on the proposal,
Bechtel would merely advise the procurement process and produce the scope of work
papers. They will not manage the process or take decisions." A motion that neither
Bechtel, nor its parent company, nor any of its subsidiaries, would be permitted to bid for
any of the work funded under this proposal. Passed with unanimous decision
#348, 350, 351 Passed with unanimous decision
The Ministry of Oil presented an emergency request for $1.1 B; most members of the
Board expressed concern about voting on a proposal for that amount without sufficient
time to review. Mr. McPherson suggested meeting the following day at 6:00 to further
discuss the Oil Ministry funding request.
5:05 Scott Castle talked about various contracting procedures, which will be
distributed via email following the meeting and taken up at the next meeting.
Al Runnels, CFO, mentioned that all vested funds are frozen by Washington.