CoreCivic Investor Presentation Q4 2020
Our Real Estate is Flexible for Alternative Uses
We have a well established recent history of repurposing facilities for alternative government partners:
Facility
Capacity
In August 2019, the BOP ended their contract due to a competitive rebid process. The facility
transitioned to a new contract with ICE the same month.
Facility
State
Details
Cimarron Correctional Facility
1,692 beds
Oklahoma
In August 2020, the State of Oklahoma ended their contract due to budget shortfalls. The facility
transitioned to a new contract with the USMS in September 2020.
Adams County Correctional Center
2,232 beds
Mississippi
Eden Detention Center
1,422 beds
Texas
La Palma Correctional Center
3,060 beds
Arizona
Cibola County Corrections Center
1,129 beds
New Mexico
Torrance County Detention Facility
910 beds
New Mexico
Tallahatchie County Correctional
Facility
2,672 beds
Mississippi
North Fork Correctional Facility
2,400 beds
Oklahoma
In April 2017, the BOP ended their contract due to declining capacity needs and the facility was idled.
The facility was reactivated in June 2019 under a new USMS contract.
In June 2018, the State of California ended their contract due to declining capacity needs. The facility
transitioned to a new contract with ICE in July 2018.
In August 2018, the BOP ended their contract due to declining capacity needs. The facility
transitioned to a new contract with ICE in September 2018.
In October 2017, we elected to end our contract with the USMS to optimize utilization at other
facilities. The facility was reactivated in May 2019 under a new ICE contract.
In June 2018, the State of California ended their contract due to declining capacity needs. The facility
transitioned to a series of new contracts with federal, state and local partners. Today the facility cares
for individuals from USMS, Vermont, South Carolina, and Tallahatchie County.
In November 2015, the State of California ended their contract due to declining capacity needs. In
July 2016, the State of Oklahoma entered into a lease agreement for the facility. The facility has
served nine different state partners over its operating history: California, Colorado, Hawaii, Idaho,
Oklahoma, Vermont, Washington, Wisconsin and Wyoming.
The flexibility of our real estate assets to quickly be repurposed to serve
other government partners reflects the serious corrections infrastructure
challenge facing the country's corrections systems
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