Corporate Runaways and FY2002 Federal Contracts
Information compiled by the Office of Rep. Richard Neal from the Federal Procurement Data Center website.
(Amounts are maximum dollar amounts for the contract.)
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|
| accenture |
Consulting firm spun off of Arthur Anderson of Chicago and
incorporated in Bermuda in July, 2001.
|
Total FY2002 Federal Contracts:
Defense and Homeland Security related:
|
$ 449,959,000
$ 250,045,000 |
McDermott
International |
New Orleans, Louisiana energy services company reincorporated in
Panama in 1983.
|
Total FY2002 Federal Contracts:
Defense and Homeland Security related:
|
$ 339,521,000
$ 339,521,000 |
| tyco |
Exeter, N.H. electronics, security, healthcare and engineering
conglomerate reincorporated in Bermuda in March, 1997.
|
Total FY2002 Federal Contracts:
Defense and Homeland Security related:
|
$ 331,716,000
$ 269,697,000 |
FOSTER
WHEELER |
Clinton, N.J. engineering, environmental and construction company
reincorporated in Bermuda on May 25, 2001.
|
Total FY2002 Federal Contracts:
Defense and Homeland Security related:
|
$ 293,138,000
$ 216,957,000 |
| INGERSOLLRAND |
Woodcliff Lake, N.J. industrial equipment, construction and security
company reincorporated in Bermuda on December 31, 2001.
|
Total FY2002 Federal Contracts:
Defense and Homeland Security related:
|
$ 48,009,000
$ 46,936,000 |
COOPER
Industries |
Houston electrical equipment tool and hardware company
reincorporated in Bermuda on May 21, 2002.
|
Total FY2002 Federal Contracts:
Defense and Homeland Security related:
|
$ 9,114,000
$ 9,087,000 |
Leucadia
National |
New York insurance and holding company
reincorporation to Bermuda approved as of May, 2002.
|
Total FY2002 Federal Contracts:
Defense and Homeland Security related:
|
$ 968,000
$ 0 |
| NOBLE |
Sugar Land, Texas drilling contractor reincorporated in the
Cayman Islands on May 1, 2002.
|
Total FY2002 Federal Contracts:
Defense and Homeland Security related:
|
$ 529,000
$ 294,000 |
| Weatherford |
Houston drilling, oil and gas technology and services company
reincorporated in Bermuda on June 26, 2002.
|
Total FY2002 Federal Contracts:
Defense and Homeland Security related:
|
$ 6,000
$ 6,000 |
|
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|
| TOTALS |
Known FY2001 Federal Contracts to
Corporate Runaways:
Defense & Homeland Security related:
|
$ 1,472,960,000
$ 1,132,543,000 |
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| Produced by Ways & Means Committee Democratic Office and the Office of Rep. Richard E. Neal, July 14, 2003 |
