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| CCA receives award from Indiana for new contract for corrections management services |
| By Business Wire |
| Published: 11/03/2003 |
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Corrections Corporation of America (CCA) announced that the Department of Corrections in the State of Indiana has entered into a new contract with CCA to manage up to 1,000 medium security male inmates. The eight-year contract will replace an existing contract between CCA and Indiana, retroactive to January 1, 2003. CCA currently manages an Indiana population of approximately 650 inmates in the CCA-owned and operated Otter Creek Correctional Center in Wheelwright, Kentucky. The new contract provisions are comparable to the Company's existing contract with Indiana. The contract does not guarantee any inmates in addition to the number of inmates CCA currently manages, nor does it guarantee that CCA will continue to manage the existing level of inmates. |
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