-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, JQDkGppUs3bkJ4aKzH45O2nDS32RVhnBeI1XRUsUbAV0gYwmTuIGdzxxh/k95quj pOG/htLVbVdILVNvEC6AVQ== 0000950144-05-006242.txt : 20050611 0000950144-05-006242.hdr.sgml : 20050611 20050606172614 ACCESSION NUMBER: 0000950144-05-006242 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20050601 ITEM INFORMATION: Termination of a Material Definitive Agreement FILED AS OF DATE: 20050606 DATE AS OF CHANGE: 20050606 FILER: COMPANY DATA: COMPANY CONFORMED NAME: GEO GROUP INC CENTRAL INDEX KEY: 0000923796 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-FACILITIES SUPPORT MANAGEMENT SERVICES [8744] IRS NUMBER: 650043078 STATE OF INCORPORATION: FL FISCAL YEAR END: 0103 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-14260 FILM NUMBER: 05881291 BUSINESS ADDRESS: STREET 1: 621 NW 53RD STREET STREET 2: SUITE 700 CITY: BOCA RATON STATE: FL ZIP: 33487 BUSINESS PHONE: 561-893-0101 MAIL ADDRESS: STREET 1: 621 NW 53RD STREET STREET 2: SUITE 700 CITY: BOCA RATON STATE: FL ZIP: 33487 FORMER COMPANY: FORMER CONFORMED NAME: WACKENHUT CORRECTIONS CORP DATE OF NAME CHANGE: 19940525 8-K 1 g95730e8vk.htm THE GEO GROUP INC. The GEO Group Inc.
 

 
 

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(D) OF
THE SECURITIES EXCHANGE ACT OF 1934.

Date of Report (Date of Earliest Event Reported): June 1, 2005

THE GEO GROUP, INC.

(Exact Name of Registrant as Specified in its Charter)
         
Florida   1-14260   65-0043078
         
(State or Other Jurisdiction of
Incorporation) 		  (Commission File Number)   (IRS Identification No.)
     
621 NW 53rd Street, Suite 700, Boca Raton, Florida   33487
     
(Address of Principal Executive Offices)   (Zip Code)

(Registrant’s Telephone Number, Including Area Code) (561) 893-0101

(Former Name or Former Address, if Changed since Last Report)

Check the appropriate box below if the Form 8-K is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

o   Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o   Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o   Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o   Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 
 

 

 

     Section 1 – Registrant’s Business and Operations

     Item 1.02 Termination of a Material Definitive Agreement.

     On June 1, 2005, The GEO Group, Inc. (“GEO”) received written notice from the Bureau of Immigration and Customs Enforcement (“BICE”) that BICE will not exercise its option to renew GEO’s management contract to operate the immigration detention facility located in Queens, New York (the “Queens Contract”), which is scheduled to expire on June 30, 2005. During the year ended January 2, 2005 and the three months ended April 3, 2005, the Queens Contract represented 2.1% and 2.0%, respectively, of GEO’s consolidated revenues.

     GEO is currently in active discussions with another agency of the federal government which has expressed an interest in utilizing the Queens facility, and GEO has begun to make security enhancements to the facility for the purpose of meeting the security requirements of that agency. In the event that the agency commits to the use of the Queens facility prior to June 30, 2005, the Queens Contract could be novated to that agency and re-newed, in which case GEO would continue to manage the Queens Facility on behalf of the agency pursuant to the Queens Contract. In the event that the agency does not commit to the use of Queens facility prior to June 30, 2005, the Queens Contract will expire and GEO will continue to market the facility with the objective of having the facility re-populated at the earliest practicable time.

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SIGNATURES

     Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Dated: June 6, 2005
         
  The GEO Group, Inc.
 		  
  /s/ David N.T. Watson    
  Name:   David N.T. Watson   
  Title:   Vice President- Finance   
 

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