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GEO Group awarded $1.5 billion contract to operate Tacoma ICE Processing Center.

Oct 30, 2026

Contract Type

contract

TacomaSecurity

Description

The U.S. Immigration and Customs Enforcement has awarded GEO Group a $1.5 billion contract to continue running the Northwest ICE Processing Center in Tacoma. This contract renewal comes after a year of deliberations, despite reports of poor conditions at the facility.

Company Information

Company

GEO Group

Location

Tacoma, Washington, United States

About

GEO Group is a private prisons company that specializes in managing detention centers and providing security services. They operate facilities for immigration, rehabilitation, and correctional purposes. With over 40 years of experience, GEO Group is known for its partnership with governmental agencies in managing detention facilities across the United States.

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GEO Group signed a new agreement. Fundz surfaces partnerships and contracts as they are announced.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.