The GEO Group (GEO) announced that its wholly-owned subsidiary, BI Incorporated, has been awarded a contract by U.S. Immigration and Customs Enforcement 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. 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 $121M.
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