For over ten years, we have ventured to be experts in the submission and negotiation of proposals to the Department of Justice and Department of Homeland Security for the housing of federal prisoners in local jails. With projects throughout the United States, we offer turnkey financial solutions for local law enforcement.
We research and analyze the federal bedspace market in your jurisdiction, and then develop a business plan to increase your revenue by leasing jail bedspace to U.S. Marshals Service (USMS), Immigration & Customs Enforcement (ICE) and the Federal Bureau of Prisons (BOP). Finally, we prepare and submit proposals to the federal government, and then negotiate new higher per diem rates for housing federal prisoners. We are experts in federal fixed price contracts, cost reimbursement contracts, and financial intergovernmental agreements.
We also assist local governments in securing financing for new jail construction or for jail expansion through non-recourse revenue bonds funded by federal contracts with limited or no liability to the local government. We prepare feasibility studies, as well as revenue projections – examining the projected need for beds to house federal prisoners, the feasibility of constructing a new law enforcement center, and the potential for increasing revenue production.
Finally, we assist venture capitalists and investors in understanding the federal prison market, and we can provide you with the due diligence necessary to make a sound investment.