CCA Awarded New Management Contract With Idaho and Expands Agreement With Oklahoma

CCA (Corrections Corporation of America) CXW announced today that it has entered into a new agreement with the Idaho Department of Corrections to house up to 800 inmates at CCA's Kit Carson Correctional Center in Colorado. Additionally, CCA announced that it has renewed its agreement with the Oklahoma Department of Corrections. As part of the renewal, CCA has agreed to increase the contracted capacity by 240 inmates at its Cimarron Correctional Facility, and will now house up to 2,520 inmates for the state of Oklahoma. The new agreement with Idaho will provide up to 800 beds of capacity immediately available at CCA's 1,488-bed Kit Carson Correctional Center. The management contract has an initial term of two years, with four one-year renewal options upon mutual agreement. CCA expects to initially receive 250 inmates from Idaho in the next few weeks with the potential for additional inmates over the contract term depending on the state of Idaho's capacity needs. CCA currently manages more than 2,000 inmates for the state of Idaho at the Idaho Correctional Center in Boise.