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Maximus Awarded $40 Million Task Order Under IRS Transformational Enterprise Development, Operations Service (EDOS) Contract

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Maximus (NYSE: MMS) has been awarded a five-year, $40 million task order by the Internal Revenue Service (IRS) to deliver end-to-end development and modernization services for the IRS Enterprise Data Platform (EDP). This is the second task order for Maximus through the Enterprise Development, Operations Services (EDOS) contract, following an $87 million task order in June for modernizing the IRS Suite of Financial Systems.

Maximus will provide expertise to transform and transition current data and business intelligence processing to cloud-based Platform-as-a-Service (PaaS). The EDP platform aims to deliver secure data access across the IRS, facilitating the use of emerging technology and driving cost savings. This task order supports the IRS Data Delivery Services Domain, overseeing data quality with scalable, repeatable processes.

Maximus (NYSE: MMS) ha ricevuto un contratto di cinque anni del valore di 40 milioni di dollari dall'Internal Revenue Service (IRS) per fornire servizi di sviluppo e modernizzazione end-to-end per l'IRS Enterprise Data Platform (EDP). Questo è il secondo contratto per Maximus nell'ambito del contratto Enterprise Development, Operations Services (EDOS), dopo un contratto di 87 milioni di dollari a giugno per la modernizzazione della suite di sistemi finanziari dell'IRS.

Maximus fornirà competenze per trasformare e migrare i processi attuali di dati e business intelligence a una piattaforma cloud basata su Platform-as-a-Service (PaaS). La piattaforma EDP ha l'obiettivo di garantire un accesso sicuro ai dati in tutta l'IRS, facilitando l'uso delle tecnologie emergenti e promuovendo risparmi sui costi. Questo contratto supporta il dominio dei servizi di consegna dei dati dell'IRS, supervisionando la qualità dei dati con processi scalabili e ripetibili.

Maximus (NYSE: MMS) ha sido galardonado con una orden de trabajo de cinco años por 40 millones de dólares por parte del Servicio de Impuestos Internos (IRS) para proporcionar servicios de desarrollo y modernización integral para la Plataforma de Datos Empresarial (EDP) del IRS. Esta es la segunda orden de trabajo para Maximus a través del contrato de Desarrollo Empresarial y Servicios de Operación (EDOS), tras una orden de trabajo de 87 millones de dólares en junio para la modernización de la Suite de Sistemas Financieros del IRS.

Maximus proporcionará su experiencia para transformar y migrar el procesamiento actual de datos e inteligencia empresarial a una plataforma en la nube basada en Platform-as-a-Service (PaaS). La plataforma EDP tiene como objetivo ofrecer acceso seguro a los datos en todo el IRS, facilitando el uso de tecnologías emergentes y generando ahorros de costos. Esta orden de trabajo apoya el dominio de Servicios de Entrega de Datos del IRS, supervisando la calidad de los datos con procesos escalables y repetibles.

맥시무스 (NYSE: MMS)는 5년 동안 4천만 달러 규모의 작업 지시서를 국세청 (IRS)로부터 수여받아 IRS 기업 데이터 플랫폼(EDP)에 대한 종합 개발 및 현대화 서비스를 제공할 예정입니다. 이는 맥시무스에게 있어 두 번째 작업 지시서로, 6월에 IRS 재무 시스템 모던화에 대해 8천7백만 달러 규모의 작업 지시서에 이어 이루어졌습니다.

맥시무스는 현재의 데이터 및 비즈니스 인텔리전스 프로세스를 클라우드 기반의 서비스형 플랫폼(PaaS)으로 전환하고 이전하기 위한 전문성을 제공할 것입니다. EDP 플랫폼은 IRS 전반에 걸쳐 안전한 데이터 접근을 제공하여 신기술 사용을 촉진하고 비용 절감을 유도하는 것을 목표로 합니다. 이 작업 지시서는 데이터 품질을 관리하고 확장 가능하고 반복 가능한 프로세스를 통해 IRS 데이터 제공 서비스 영역을 지원합니다.

Maximus (NYSE: MMS) a reçu un ordre de mission de cinq ans d'un montant de 40 millions de dollars de l'Internal Revenue Service (IRS) pour fournir des services de développement et de modernisation de bout en bout pour la plateforme de données d'entreprise (EDP) de l'IRS. Il s'agit du deuxième ordre de mission pour Maximus dans le cadre du contrat de services de développement et d'opérations (EDOS), après un ordre de mission de 87 millions de dollars en juin pour moderniser la suite de systèmes financiers de l'IRS.

Maximus fournira son expertise pour transformer et migrer les processus de données et d'intelligence d'affaires actuels vers une plateforme cloud basée sur Platform-as-a-Service (PaaS). La plateforme EDP vise à offrir un accès sécurisé aux données à travers l'IRS, facilitant l'utilisation de technologies émergentes et générant des économies de coûts. Cet ordre de mission soutient le domaine des services de livraison de données de l'IRS, en supervisant la qualité des données avec des processus évolutifs et répétables.

Maximus (NYSE: MMS) wurde mit einem fünfjährigen Auftrag über 40 Millionen US-Dollar vom Internal Revenue Service (IRS) beauftragt, um umfassende Entwicklungs- und Modernisierungsdienstleistungen für die IRS Enterprise Data Platform (EDP) zu liefern. Dies ist der zweite Auftrag für Maximus im Rahmen des Vertrags für Enterprise Development, Operations Services (EDOS) und folgt einem Auftrag von 87 Millionen US-Dollar im Juni zur Modernisierung der Finanzsystem-Suite des IRS.

Maximus wird Fachwissen bereitstellen, um die aktuellen Daten- und Business-Intelligence-Prozesse auf eine cloudbasierte Plattform als Dienst (PaaS) zu transformieren und zu migrieren. Die EDP-Plattform zielt darauf ab, einen sicheren Datenzugriff über den IRS zu ermöglichen, den Einsatz neuer Technologien zu fördern und Kosteneinsparungen voranzutreiben. Dieser Auftrag unterstützt den Bereich Datenlieferdienste des IRS, der die Datenqualität mit skalierbaren und wiederholbaren Prozessen überwacht.

Positive
  • Awarded a $40 million task order by the IRS for EDP modernization
  • Second task order under the EDOS contract, demonstrating continued trust from the IRS
  • Expansion of Maximus' role in IRS modernization efforts
  • Opportunity to implement new technologies for improved data management and taxpayer services
Negative
  • None.

Insights

The $40 million task order awarded to Maximus by the IRS is a positive development for the company. This contract, part of the larger EDOS agreement, signifies Maximus' growing role in government IT modernization efforts. The five-year duration provides stable revenue and strengthens the company's position in the federal services sector.

Notably, this is Maximus' second task order under EDOS, following an $87 million contract in June. This trend suggests the company is successfully leveraging its expertise to secure multiple contracts within the same framework. The focus on cloud-based Platform-as-a-Service (PaaS) aligns with current tech trends, potentially positioning Maximus for future growth in government IT modernization projects.

The IRS Enterprise Data Platform (EDP) project represents a significant technological shift for the agency. By transitioning to a cloud-based PaaS model, the IRS is embracing modern data management practices that can enhance scalability, security and cost-efficiency. Maximus' role in this transformation is crucial, as they'll be responsible for the complex task of migrating existing data and business intelligence processes to the cloud.

The emphasis on secure data access at the enterprise level is particularly noteworthy. This approach can streamline operations across the IRS, potentially leading to improved taxpayer services and more efficient enforcement. The project's focus on emerging technologies also suggests that the IRS is preparing for future advancements in data analytics and artificial intelligence.

This contract win strengthens Maximus' position in the government services market. The company's track record of over ten years with the IRS demonstrates its ability to secure long-term partnerships with federal agencies. This consistency is likely to be viewed favorably by investors, as it suggests stability and potential for future contract wins.

The focus on data management and modernization aligns with broader market trends in digital transformation. As more government agencies seek to upgrade their IT infrastructure, Maximus is well-positioned to capitalize on this growing market. The company's ability to secure multiple task orders under the EDOS contract also indicates a competitive advantage in this sector, which could lead to increased market share and potential stock price appreciation in the long term.

Maximus expands role under second EDOS task order delivering modernized services for the IRS Enterprise Data Platform (EDP)

TYSONS, Va.--(BUSINESS WIRE)-- Maximus (NYSE: MMS), a leading employer and provider of government services worldwide, today announced it has been awarded a five-year, $40 million task order by the Internal Revenue Service (IRS) to deliver end-to-end development and modernization services for the IRS Enterprise Data Platform (EDP).

The IRS awarded Maximus the task order through the Blanket Purchase Agreement (BPA) for the Enterprise Development, Operations Services (EDOS) contract, which supports the agency’s modernization plans for delivering world-class customer service to taxpayers. Previously, the IRS named Maximus to the multiple-award BPA in May 2023. This is the second task order for Maximus through EDOS, having announced an $87 million task order in June for modernization of the IRS Suite of Financial Systems.

Through this new EDP task order, Maximus will provide analysis, planning, modernization, and operationalization expertise to the IRS and help transform and transition current data and business intelligence processing to cloud-based Platform-as-a-Service (PaaS). The EDP platform will deliver secure data access for users and systems at the enterprise level across the IRS, facilitating the use of emerging technology and driving cost savings. Maximus will support the IRS Data Delivery Services Domain through this task order, which is responsible for overseeing and ensuring the quality of data with repeatable processes in a scalable environment.

“For more than ten years, our commitment to the successful delivery of federal agency missions and critical programs enabled Maximus to advance many data management and information sharing initiatives at the IRS,” said Tricia Belman, Managing Director, Federal Financial, Maximus. “Our work on the Enterprise Data Management platform is the culmination of that support and a significant step for the IRS into the next generation of data management.”

The latest task order is further evidence of Maximus’ ability to implement new technologies to help the IRS improve the storage and management of data supporting improved taxpayer services and enforcement.

To learn more about Maximus and its work with the IRS, visit maximus.com/irs.

About Maximus

As a leading strategic partner to governments across the globe, Maximus helps improve the delivery of public services amid complex technology, health, economic, environmental, and social challenges. With a deep understanding of program service delivery, acute insights that achieve operational excellence, and an extensive awareness of the needs of the people being served, our employees advance the critical missions of our partners. Maximus delivers innovative business process management, impactful consulting services, and technology solutions that provide improved outcomes for the public and higher levels of productivity and efficiency of government-sponsored programs. For more information, visit maximus.com.

Investor Relations

James Francis

Jessica Batt

IR@maximus.com

Media & Public Relations

Eileen Cassidy Rivera

media@maximus.com

Source: Maximus

FAQ

What is the value and duration of the new IRS task order awarded to Maximus (MMS)?

Maximus (MMS) has been awarded a five-year, $40 million task order by the Internal Revenue Service (IRS) for the Enterprise Data Platform (EDP) modernization project.

What services will Maximus (MMS) provide under the new IRS Enterprise Data Platform task order?

Maximus (MMS) will provide end-to-end development and modernization services for the IRS Enterprise Data Platform, including analysis, planning, modernization, and operationalization expertise to transform current data and business intelligence processing to cloud-based Platform-as-a-Service (PaaS).

How many task orders has Maximus (MMS) received under the IRS EDOS contract?

This is the second task order for Maximus (MMS) under the IRS Enterprise Development, Operations Services (EDOS) contract. The first was an $87 million task order announced in June for modernizing the IRS Suite of Financial Systems.

What is the goal of the IRS Enterprise Data Platform (EDP) project that Maximus (MMS) is working on?

The IRS Enterprise Data Platform (EDP) project aims to deliver secure data access for users and systems at the enterprise level across the IRS, facilitating the use of emerging technology and driving cost savings.

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