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CCA Wins 3 Florida Contracts

By Real Cost of Prisons Project (The Sentencing Project)

"Prison operators have seen revenue climb on strong demand in the various correctional and detention markets." Wall Street Journal APRIL 13, 2010 Corrections Corp Wins 3 Florida Prison Contracts; Geo Shut Out By Shara Tibken Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--The state of Florida said Tuesday it plans to award three prison contracts to Corrections Corp. of America (CXW), two of which previously were held by rival Geo Group Inc. (GEO). According to a memo reviewed by Dow Jones from Florida's Department of Management Services, it intends to award three out of four available prison contracts to Corrections Corp. Two of the contracts--Graceville Correction Facility and Moore Haven Correctional Facility--were previously held by Geo...continue to full post

Full post as published by The Real Cost of Prisons Weblog on April 19, 2010 (boomark / email).