MAXIMUS Awarded $8.1 Million Welfare-to-Work Contract by Los Angeles County
RESTON, Va.--(BUSINESS WIRE)--
The Los Angeles County Board of Supervisors has awarded MAXIMUS (NYSE:MMS) a nine-month, $8 million contract extension to continue to deliver employment and supportive services to the TANF (Temporary Assistance to Need Families) population in the County through November 2008.
Under the Los Angeles Greater Avenues to Independence (LA GAIN) program, MAXIMUS provides welfare case management services in two of the seven County Department of Public Social Services regions. MAXIMUS services address barriers to self-sufficiency and assist program participants in securing and maintaining long term employment at a living wage. To that end, the project offers a variety of services to prepare jobseekers to enter the workforce successfully, including remedial and vocational education, life skills training, and English as a Second Language courses. Special services for mental health, substance abuse, victims of domestic violence, homeless housing location assistance, and family support programs are also offered. LA GAIN program participants also receive transportation and child care assistance.
"MAXIMUS has been working to improve the lives of thousands of Angelenos in the LA GAIN program since 2000 and is pleased to have received this contract extension," said Richard Montoni, CEO of MAXIMUS. "Like our welfare to work efforts in neighboring Orange and San Diego Counties and other jurisdictions in the U.S. and abroad, MAXIMUS is focused on the success of individuals and families in achieving self-sufficiency."
MAXIMUS currently operates similar welfare-to-work programs in six other states including Alaska, Arizona, the District of Columbia, Hawaii, and, Wisconsin, as well as Australia and Israel. In the United States, through its welfare-to-work efforts, MAXIMUS has helped improve the lives of more than 375,000 people making the transition into the workforce.
MAXIMUS is a leading provider of program management, consulting and information technology solutions primarily to government clients. The Company has more than 6,000 employees located in more than 220 offices in the United States, Canada and Australia. 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 May 19, 2008