CoreCivic Lease Agreements and ESG Strategy
Project Structure
144A
Investors
Bond Indenture
Public Finance
Authority
Intercompany
Loan
Loan Agreement
Government Real Estate
Solutions of Alabama
Holdings LLC (Borrower)
State of Alabama
ALABAMA
4(a)(2)
Investors
Intercompany
Loan
Facilities
Management
Agreement
Government Real
Estate Solutions of
Central Alabama, LLC1
1 Facility Lease
GREATS
TSEAL
PARTMENT
Lease Payment
Facility Lease
Lease Payment
Government Real
Estate Solutions of
South Alabama, LLC1
Facilities
Management
Agreement
Operates facility
CORRECTIONS
Operates facility
CoreCivic of
Elmore County
Tennessee, LLC
Maintains
Facility
CoreCivic
Designs &
Escambia County
Builds facilities
Correctional
Facility
Construction Contract
Payments
CADDELL
Correctional
Facility
Construction Contract
Payments
Maintains
Facility
CoreCivic of
Tennessee, LLC
CoreCivic
Indicates ownership / control over
Indicates a contract
Indicates a service is being provided
Indicates a cash flow
DLR Group
RN
Architect, Engineer, and Systems Subcontractors
3
SYSTEMS DESIGN
Facility Management Agreement
Maintenance Contract between CoreCivic and
Lessor to provide routine maintenance and
life cycle maintenance services
1
Facility Lease
2
Construction Contract
Agreement between ADOC and the Lessors
outlining scope of obligations
. Construction Contract between the
ProjectCos and Caddell for all construction
obligations under Facility Lease
(1)- 100% owned through a pass-through HoldCo subsidiary
4
•
Subcontractors
Subcontracting agreements between Caddell
and R&N Systems Design & DLR Group
• R&N Systems Design & DLR Group
obligations: provide architecture, engineering,
and systems design services
Caddell: pay R&N Systems Design & DLR
Group for their services
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