MAXIMUS Awarded Professional Services Contract to Support U.S. Department of Justice
RESTON, Va.--(BUSINESS WIRE)--
MAXIMUS (NYSE:MMS), was awarded a contract to assist the U.S. Department of Justice (DOJ) in the management of its Asset Forfeiture Program. The contract term is six and one-half years, including six one-year options.
Under this indefinite delivery/indefinite quantity (IDIQ) contract, MAXIMUS is one of four companies eligible to compete for task orders to provide professional and technical services to the DOJ and other related Federal agency asset forfeiture programs. The work will be performed by MAXIMUS Federal Services, a wholly-owned subsidiary of MAXIMUS.
Services covered under this contract vehicle include investigative and analytical support, consulting, technical services, financial management, and case-related professional support during the investigation and prosecution of criminal cases. Designated a Government Wide Acquisition Contract (GWAC), the contract vehicle is available for use by all Federal agencies.
"The award extends our seven-year long relationship with the Justice Department supporting these important initiatives. With a core focus of our firm on program integrity, we look forward to extending our services in this arena in the near future," said Richard A. Montoni, MAXIMUS CEO.
MAXIMUS is one of America's leading government services companies devoted to providing program management, consulting and information technology services. The Company has more than 6,000 employees located in more than 220 offices in the United States, Canada and Australia. 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 and the Company's expectations about revenues, results of operations, profitability, future contracts, market opportunities, market demand or acceptance of the Company's products 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 and include reliance on government clients; risks associated with government contracting; risks involved in managing government projects; legislative changes and political developments; opposition from government unions; challenges resulting from growth; adverse publicity; and legal, economic, and other risks detailed in Exhibit 99.1 to the Company's most recent Quarterly Report filed with the Securities and Exchange Commission, found on www.maximus.com.
Source: MAXIMUS
Released July 21, 2008