logo
Plus   Neg
Share
Email

GEO Group Inks Two New Contracts With U.S. Immigration And Customs Enforcement

REIT GEO Group (GEO) announced Monday the signing of two new contracts with U.S. Immigration and Customs Enforcement or ICE, for five company-owned facilities in California totaling 4,490 beds. The contracts will have terms of 15 years, inclusive of two five-year options, effective December 20, 2019.

The contracts cover two existing, company-owned facilities currently operated by GEO on behalf of ICE, the 1,940-bed Adelanto ICE Processing Center and the 400-bed Mesa Verde ICE Processing Center. The contracts also incorporate three other company-owned facilities - the 700-bed Central Valley MCCF, the 750-bed Desert View MCCF, and the 700-bed Golden State MCCF, as facility annexes.

On a combined basis, the contracts are expected to generate over $200 million in annualized revenues for GEO and will support more than 1,200 full-time jobs.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
United Airlines has rolled out an interactive online "Map Search" feature for its customers in collaboration with search giant Google. The new feature is powered by Google Flight Search Enterprise Technology. United is claimed to be the first airline in the U.S. to add this feature. The new feature, available on United.com, allows customers to easily search, compare and purchase flight tickets. GHSW, LLC. is recalling Trader Joe's Southwest Style Sweet Potato Sauté Bowl citing undeclared milk and egg allergens in the dressing, according to the Food and Drug Administration. The recall was initiated after it was discovered that the dressing in the bowl contains milk and egg, but are not declared on the label. California Gov. Gavin Newsom signed an executive order on Wednesday that bans the sale of new gasoline-powered vehicles in the state by 2035. With this, California plans to phase out the sale of all gasoline-powered vehicles and to drastically reduce demand for fossil fuel in its fight against climate change. The order directs the California Air Resources Board to develop a plan.
RELATED NEWS
Follow RTT