I haven't looked at the contract in detail, but no, $3B over 5 years for 3000 people including construction costs sounds reasonably in line with prison costs (the closest comparison). Certainly not the order of magnitude too high like you're suggesting, which surely someone would have undercut on the bid if it were easy.
For reference, look up some of the Giga factory costs (With Capital expenditure for production). They are similiar in expenditures.