The state has received three bids for the purchase and operation of five Ohio prisons a day after Ohio Gov. John Kasich signed the state’s massive $56 billion budget bill, which calls for privatization of prisons including a pair in Lorain County.
The Ohio Department of Rehabilitation and Correction announced Friday afternoon that it had received bid proposals from Corrections Corp. of America in Nashville, Tenn., GEO Group, Inc. of Boca Raton, Fla., and Management and Training Corp. of Centerville, Utah.
The bidders are looking to purchase and take over operations of prisons including Grafton Correctional Institution and North Coast Correctional Treatment Facility, both of which are located a few miles south of Grafton. Successful bidders will enter into contracts with the state as of Jan. 1, 2012.
The sale and privatization of five prisons that also include facilities in Ashtabula and Marion counties is projected to reduce taxpayer’ costs by $6.6 million a year, while boosting property and income tax revenue, according to the state Department of Corrections.