Sole Source Award (No-Bid Contract) to Australian … [More]
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Foreign based Actus Lend Lease & IHG have a … [More]
Privatization of Army Lodging (PAL) – A Foreign Owned Monopoly
The intent of PAL was to improve the quality of life for Soldiers and their families through the renovation and new construction of privately run temporary lodging facilities on 42 Army bases. Unfortunately, an In-License Agreement was obtained by foreign run corporations in order to guarantee occupancy and increase their investment rating on the bond market. US Soldiers are now being forced to stay in Intercontinental Hotels Group (IHG) Hotels on Army bases; Only after 100% occupancy is reached can service members stay at local U.S. owned hotels off base.
The PAL In-License Agreement
PAL provides no guarantee of occupancy to Lend Lease, but they needed a guarantee to get a favorable bond rating to privately finance the project. Going against the contract, a controversial In-License Agreement was signed to secure this guarantee. Moody's bond rating states: “50% of annual Room Nights Sold are expected to be generated from the In-License Agreement”. Without this In-License Agreement, the PAL program would fail.
Is Your Business Affected?
Are you a business owner affected by the PAL? Hotels, homes, and apartment communities are going into foreclosure as a result of PAL. This In-License Agreement creates many non-compete and anti-trust issues. Veteran owned businesses are being lost to these foreign owned companies which have a sole source monopoly. Join Our Cause to save jobs within American based companies and stop sending these profits overseas.
Contact your Congressional Representatives. Take a stand against this foreign owned monopoly which has been awarded a 50 year multi-Billion dollar contract. Put the choice of where to stay back in the hands of the soldiers and their family.
$56 Million Judgement Against Actus Lend Lease
Actus Lend Lease - pays $56 million in fines and restitution for fraudulently over-billing for construction in New York City. The same company that helped rebuild Ground Zero is now building private hotels on 42 US Military Bases with 50-year land leases.
Letter to the Senate Armed Services Committee
Dear Senators Levin and McCain,
On behalf of Veteran owned businesses, we are writing to express our concerns regarding certain aspects of the Privatization of Army Lodging (PAL) program. Read the Full Letter
The Press Release – A PAL Program Summary
The Privatization of Army Lodging program follows on the heels of the Army's privatization of Post Housing (on base Military housing). Read the full Press Release for a quick synopsis of how this monopoly was created.
PAL Legal Action — Support & Join our Cause
Help support our case. Defend American jobs & preserve our Veteran and Minority owned businesses.
Join Our Cause.