MAXIMUS Designated as a Preferred Supplier for the United Kingdom's Work Programme Framework
RESTON, Va.--(BUSINESS WIRE)-- MAXIMUS (NYSE:MMS), a leading provider of government services worldwide, announced today that its United Kingdom (UK) subsidiary, MAXIMUS Employment & Training, has been named as a preferred supplier for the UK's Work Programme Buying Framework for seven of 11 regions, the maximum number allowed under the Framework. The Framework is an umbrella agreement that will serve as the primary vehicle of employment related support services under the Work Programme.
The UK's Department of Work and Pensions (DWP) created the new Work Programme to replace several existing welfare-to-work programs. The Work Programme is designed to deliver more consistent, capable support for job seekers through a simplified and streamlined process.
The UK Government intends to use the Framework to drive up performance and value by awarding contracts to the best performing delivery partners. Additionally, the Framework will be accessible to other contracting authorities in an effort to create efficiencies across the wider public sector. While the Framework will run for four years, the regional contracts may run longer on a case-by-case basis.
Richard Montoni, Chief Executive Officer, commented, "The new Work Programme will transform the UK's efforts to help individuals find long-term employment and set them on a path to economic independence. As the leading provider of integrated employment services around the world, we are excited about the opportunity to drive superior results under the Work Programme. We believe our efforts as a pioneering leader of welfare reform demonstrates our ability and commitment to help DWP put people back to work and gain self sufficiency."
About MAXIMUS
MAXIMUS is a leading provider of government services worldwide and is devoted to providing health and human services program management and consulting services to its clients. The Company has more than 6,500 employees located in more than 220 offices in the United States, Canada, Australia, the United Kingdom, and Israel. Additionally, MAXIMUS is included in the Russell 2000 Index and the S&P SmallCap 600 Index.
Statements that are not historical facts, including statements about the Company's confidence and strategies, results of operations, profitability, future contracts, market opportunities, or market demands are forward-looking statements that involve risks and uncertainties. These uncertainties could cause the Company's actual results to differ materially from those indicated by such forward-looking statements. These risks are detailed in Exhibit 99.1 to the Company's most recent Annual Report filed with the Securities and Exchange Commission, found on www.maximus.com.
Source: MAXIMUS
Released December 1, 2010