CCA Wins Two Local Contracts, Loses Gadsen

CCA (Corrections Corporation of America), the nation's largest partnership corrections provider to government agencies, announced Wednesday that the Florida Department of Management Services ("Florida DMS") has indicated its intent to award CCA the continued management of the 985-bed Bay Correctional Facility, in Panama City, Florida. Additionally, the Florida DMS has indicated its intent to award CCA management of the 985-bed Moore Haven Correctional Facility in Moore Haven, Florida and the 1,884-bed Graceville Correctional Facility in Graceville, Florida. However, CCA was not selected for the continued management of the 1,520-bed Gadsden Correctional Facility in Quincy, Florida.
All of the facilities are owned by the state of Florida. The contracts, which are subject to final negotiations, contain an initial term of three-years and two 2-year renewal options. CCA expects to assume management of the Moore Haven and Graceville facilities, and to transition management at the Gadsden facility on August 1, 2010.
Damon Hininger, president and CEO, stated, "We are pleased that Florida has again expressed a high level of confidence in our operations expertise by re-awarding CCA one of our existing contracts and entrusting us with two new contracts. Although we are disappointed that CCA was not selected for the continued management at Gadsden, we are grateful for the opportunity to expand our relationship with the State of Florida. CCA has been a trusted and accountable partner to the State of Florida for 15 years and we look forward to continuing our partnership. We will work closely with the Florida DMS and the current operator to ensure a smooth management transition."


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