B.I. INCORPORATED: $211M Department of Homeland Security Contract
Summary
A $211M task order for ICE's Intensive Supervision Appearance Program (ISAP) was awarded to private entity B.I. INCORPORATED. No publicly traded company is directly or indirectly identifiable from the contract data, so no stock-level impact can be attributed.
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Key Takeaways
- 1.Contract awarded to a private company, no public ticker exposure.
- 2.$211M is meaningful in absolute terms but cannot be tied to any listed entity.
- 3.Sector (electronic monitoring / case management) may still trend, but no specific company benefits here.
Market Implications
This award has no direct stock market implications. Investors monitoring the immigration enforcement sector should track future awards from ICE that name publicly traded primes. The contract itself reinforces demand for technology-driven supervision, but without a public recipient, no ticker moves can be reliably forecast.
Full Analysis
The Department of Homeland Security, through U.S. Immigration and Customs Enforcement, awarded a $211 million delivery order to B.I. INCORPORATED for the Intensive Supervision Appearance Program (ISAP) V. The program provides a technology-enabled case management alternative to detention for individuals in removal proceedings. B.I. INCORPORATED is a privately held company with no publicly traded parent or recognized subsidiary in EDGAR, preventing a direct link to any equity market. The contract spans 2025-09-30 to 2026-09-29. No related legislation in the provided signals directly authorizes or appropriates funds for this specific program. While similar contracts historically benefit electronic monitoring and case management firms, the private nature of the recipient means investors cannot accurately assess revenue exposure or competitive dynamics from this award alone. The broader sector tailwind for alternatives to detention remains, but this particular award offers no actionable public-company signal.
Connected Signals
Matched on shared policy language across AI analyses, with ticker & timing weight
FERMI FORWARD DISCOVERY GROUP, LLC: $2.5B Department of Energy Contract
SPENCER CONSTRUCTION LLC: $1.1B Department of Homeland Security Contract
FERMI FORWARD DISCOVERY GROUP, LLC: $2.4B Department of Energy Contract
FISHER SAND & GRAVEL CO: $2.8B Department of Homeland Security Contract
SOUTHWEST VALLEY CONSTRUCTORS CO: $1.7B Department of Homeland Security Contract
AMI METALS, INC: $1.5B Department of Homeland Security Contract
DELL FEDERAL SYSTEMS L.P: $1.0B Department of Veterans Affairs Contract
FISHER SAND & GRAVEL CO: $2.6B Department of Homeland Security Contract
Related Presidential Actions
Executive orders & memoranda affecting the same sectors or companies
Declaring a National Emergency to Secure the United States Bulk-Power System
This executive order declares a national emergency to restrict foreign-produced bulk-power system electric equipment that poses national security risks, prohibiting new transactions involving equipment from covered foreign entities and allowing the Secretary of Energy to impose conditions on existing equipment. It directs the Secretary of Energy, in coordination with multiple agencies, to identify, mitigate, and potentially replace risky equipment, and establishes a pre-qualification list for approved vendors.
The National Space Transportation Policy
This memorandum directs multiple agencies to expand and modernize U.S. space launch and reentry infrastructure to support over 1,000 launches annually by 2030, expedite permitting and environmental reviews, develop new federal reentry sites, and strengthen the space transportation industrial base. It mandates range scheduling transparency, spectrum reliability, and workforce development, with specific reports and plans due within 90 to 240 days.
Adjusting Imports of Unmanned Aircraft Systems and Unmanned Aircraft Systems Components into the United States
This proclamation imposes a 100% ad valorem tariff on imports of unmanned aircraft systems (UAS) over 25 kg, those with thermal imagers, docking stations, and certain components, and a 25% tariff on UAS under 25 kg and other components, citing national security under Section 232 of the Trade Expansion Act. It also authorizes the Department of Commerce to establish an onshoring program offering preferential tariff treatment for companies that build new U.S. manufacturing facilities for UAS and components.
Contract Details
Recipient
B.I. INCORPORATED
Award Amount
$211,388,332
Awarding Agency
Department of Homeland Security
Sub-Agency
U.S. Immigration and Customs Enforcement
Contract Type
DELIVERY ORDER
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