The GEO Group (NYSE:GEO), a leading provider of government-contracted services, announced on Monday that its wholly-owned subsidiary, BI Incorporated, has been awarded a significant new contract by U.S. Immigration and Customs Enforcement (ICE).
The agreement focuses on "skip tracing" services—a specialized investigative process used to locate individuals who have "skipped" their last known addresses or are otherwise avoiding contact with federal authorities.
The contract, which became effective on December 16, 2025, carries an initial one-year term with an additional one-year option.
Total revenue over the two-year period is estimated at approximately $121 million.
This award represents a major expansion of BI’s long-standing 21-year relationship with ICE, during which the subsidiary has primarily focused on electronic monitoring and case management for the agency’s non-detained docket.
Under the terms of the agreement, BI will perform enhanced location research using identifiable information, commercial data verification, and physical observation.
The goal is to verify the current residential status of individuals on the federal non-detained docket and investigate alternative addresses when necessary.
These services are critical for ICE's Enforcement and Removal Operations (ERO) as they seek to manage a record-high number of individuals awaiting court dates outside of physical detention.
The move comes at a time of heightened scrutiny and rapid growth for the private immigration enforcement sector.
Earlier this year, reports emerged of ICE seeking to supplement its field operations with private-sector "bounty hunters" and advanced surveillance technology to increase the efficiency of its deportation and tracking programs.
For The GEO Group, the contract highlights a successful "vertical integration" strategy, where the company profits from both the high-tech monitoring of immigrants in the community and the operation of secure processing centers.