GEO Group secures $85 million annual ICE contract for Big Horn Facility
The GEO Group, Inc. entered into a five-year support services contract with U.S. Immigration and Customs Enforcement for the Big Horn Facility in Colorado, expected to generate $85 million in annual revenue. The agreement includes security, maintenance, food services, medical care, and legal counsel.
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The GEO Group, Inc. has entered into a five-year support services contract with U.S. Immigration and Customs Enforcement (ICE) for the activation of a federal immigration processing center at the 1,188-bed Big Horn Facility in Hudson, Colorado. The contract is expected to generate approximately $85 million in annual revenues in the first full year of operations, excluding transportation revenue. This agreement aims to address the need for increased federal immigration processing center bedspace.
GEO has entered into a lease agreement with the facility owner to facilitate the operations. The support services provided under the contract will include the exclusive use of the facility by ICE. Additionally, GEO will manage security, maintenance, and food services, as well as provide access to recreational amenities, medical care, and legal counsel for detainees.
George C. Zoley, GEO's Chairman, Chief Executive Officer and Founder, highlighted the significance of the company-leased facility in meeting federal needs. He emphasized the company's 40-year public-private partnership with ICE and its readiness to assist the federal government in meeting its immigration enforcement priorities.
Contract Details
The financial and operational scope of the agreement is outlined below:
| Aspect | Details |
|---|---|
| Contract Duration | 5 years |
| Facility Capacity | 1,188 beds |
| Expected Annual Revenue | $85 million (first full year) |
| Revenue Exclusions | Transportation revenue |
| Services Included | Security, maintenance, food services, medical care, legal counsel |
About The GEO Group
The GEO Group, Inc. is a diversified government service provider specializing in the design, financing, development, and support services for secure facilities, processing centers, and community reentry centers. The company operates in the United States, Australia, South Africa, and the United Kingdom. GEO's worldwide operations include the ownership and/or delivery of support services for 97 facilities totaling approximately 76,000 beds, including idle facilities and projects under development, with a workforce of up to approximately 20,000 employees.
How might potential changes in U.S. immigration enforcement policies impact the long-term demand for this facility?
What are the anticipated operational challenges in staffing and managing the medical and legal services for 1,188 detainees?
Could this contract pave the way for similar company-leased facility agreements with other federal agencies?
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