ADOC STATEMENT ON CORECIVIC PRISONS

The State of Alabama is pleased to have found a transformative solution that addresses many of the challenges we face with our State’s current correctional facilities, which are dilapidated, structurally failing, and in need of significant upgrades.

Upon completing construction, the State of Alabama will begin to lease, staff, and operate two new state-of-the-art correctional facilities that will replace existing infrastructure which has far outlived its useful life.

Pursuant to the signed, long-term lease agreements, the ADOC will be contractually obligated to make lease payments to the project finance entity that cover all facility maintenance, lifecycle replacement, and financing costs.

The ADOC considers these two new facilities to be essential to our public infrastructure needs, and upon beginning the process of taking occupancy, the ADOC will be solely responsible for prison operations. To be clear, these are not private prisons.

The ADOC is also pleased that the credit rating agencies have recognized the State’s creditworthiness in the preliminary ratings that have been provided for the projects’ financing.

This is a transformational initiative for the State of Alabama that will help the ADOC provide safer, more secure correctional environments that better accommodate inmate rehabilitation and improve the quality of life for all those who live and work in them.