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Resource ID: #26313
Subject: Contracts
Source: Riverfront Times
Affiliation: 
Date: February 7

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Description

“Hosed” was an investigation on a controversial water services contract proposed between the City of St. Louis and the multinational French corporation Veolia. There were several concerns here, especially given that the deal was done very quietly. The first concern was that the contract was gained through political cronyism, second that the main goal of the contract was a secret plan to privatize city water, and third that as a result of the contract, the city water division would be slashed to bare bones both in terms of staff and safety standards. The latter concern was raised based on the reputation of Veolia in other markets.

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