Business
The GEO Group Awarded Contract by U.S. Immigration and Customs Enforcement for Provision of Skip Tracing Services
BOCA RATON, Fla., December 22, 2025--The GEO Group, Inc. (NYSE: GEO) ("GEO" or the "Company") announced today that its wholly-owned subsidiary, BI Incorporated ("BI"), has been awarded a contract by U.S. Immigration and Customs Enforcement ("ICE") for the provision of skip tracing services. Skip tracing services entail enhanced location research with identifiable information, commercial data verification, and physical observation to verify current address information and investigate alternative
About this update from Geo Group Inc (the) Reit
[{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","credit":null,"className":"","disableSlideshowImg":false,"size":{"original":{"width":2476,"height":896,"url":"https://media.zenfs.com/en/business-wire.com/b91c4eed6041aac00e3ec509cb3e9b8d"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/62mJDq.D4tX0j5_DJiSvqQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTM0NztjZj13ZWJw/https://media.zenfs.com/en/business-wire.com/b91c4eed6041aac00e3ec509cb3e9b8d","width":960,"height":347},"lightbox":{"url":"https://s.yimg.com/ny/api/res/1.2/_GEpHLI6_GbXllqd74rYqA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTI0MDA7aD04Njg7Y2Y9d2VicA--/https://media.zenfs.com/en/business-wire.com/b91c4eed6041aac00e3ec509cb3e9b8d","width":1200,"height":434}},"lazy":false},{"type":"text","content":"BOCA RATON, Fla., December 22, 2025--(BUSINESS WIRE)--The GEO Group, Inc. (NYSE: GEO) ("GEO" or the "Company") announced today that its wholly-owned subsidiary, BI Incorporated ("BI"), has been awarded a contract by U.S. Immigration and Customs Enforcement ("ICE") for the provision of skip tracing services. Skip tracing services entail enhanced location research with identifiable information, commercial data verification, and physical observation to verify current address information and investigate alternative address information for individuals on the federal government’s non-detained docket.","length":641,"tagName":"p"},{"type":"text","content":"The new contract has a term of two years, with an initial term of one year, effective December 16, 2025, and an additional one-year period. The estimated revenue value of the two-year contract is up to approximately $121 million.","length":229,"tagName":"p"},{"type":"text","content":"George C. Zoley, Executive Chairman of GEO, said, "The expansion of our services addressing the non detained docket through this new contract is a testament to the high-quality solutions BI has provided to ICE for more than 21 years. We appreciate the confidence that ICE and the U.S. Department of Homeland Security have continued to place in our company."","length":367,"tagName":"p"},{"type":"text","content":"About The GEO Group","length":19,"tagName":"p"},{"type":"text","content":"The GEO Group, Inc. (NYSE: GEO) is a leading diversified government service provider, specializing in design, financing, development, and support s...