trending Market Intelligence /marketintelligence/en/news-insights/trending/ccw0absodym5zpkpbmpe7w2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In this list

US Bureau of Prisons renews lease for GEO Group's Ga. correctional facility

Medical IoT Technology in US Hospitals Helps to Reduce Costs and Improve Care

Internet Traffic Spikes By One Third In March

How 37 Years of Default Data Can Prepare Us for the COVID-19 Fallout

US Pushes Pedal To The Metal On Broadband Speeds Ahead Of COVID-19 Outbreak

US Bureau of Prisons renews lease for GEO Group's Ga. correctional facility

The Federal Bureau of Prisons extended its contract forGEO Group Inc.-ownedD. Ray James CorrectionalFacility in Folkston, Ga., by two years.

The renewed contract will run through Sept. 30, 2018.

The housing for up to 1,900 federal inmates with a fixedpayment for 1,800 beds is comparable to GEO Group's previous contract, whichcontained a fixed payment for 1,962 beds.

The renewal follows an announcement by the U.S. Justice Department, whichoversees the Bureau of Prisons, that it would seek to end its use of privateprisons.

"We are pleased to have been able to accommodate theBOP's need for fewer beds at the D. Ray James Correctional Facility with nodisruption to the facility's operations or the level of rehabilitationprogramming," Chairman and CEO George Zoley said in a release.

The company does not expect to revised its previously issuedguidance.