Maximus Federal Awarded Two Contracts at IRS for Modernization and Support Worth $151 Million

Rhea-AI Summary

Maximus (NYSE: MMS) has secured two contracts totaling $151 million from the IRS, reinforcing a partnership that dates back to 1991. The first contract, valued at $76 million, will enhance Masterfile System Programming Support Services, including the implementation of the American Recovery Plan. The second $75 million contract focuses on Technology Integration Office support, including a pivotal shift to cloud infrastructure. This collaboration aims to support over 160 million individual taxpayers and improve IRS technology.

Positive

• Awarded contracts totaling $151 million from IRS, enhancing revenue.
• Long-standing partnership with IRS dating back to 1991, indicating reliability.
• Contracts support the implementation of significant legislation, fostering further collaboration.

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• None.

Maximus (NYSE: MMS), a leading provider of government services worldwide, announced today that it had been awarded two contracts from the Internal Revenue Service (IRS) worth a combined $151 million. The two contracts, awarded on the GSA Alliant 2 contract vehicle, will allow a continued partnership between Maximus and the Agency, which initially began in 1991.

The first contract is a $76 million task, funded by the Office of the Chief Information Officer, with the Treasury Department’s IRS to provide Masterfile System Programming Support Services. Under this contract, Maximus will conduct a variety of work for IRS, including implementation of legislation such as the American Recovery Plan and training internal IRS employees for future filing seasons while maintaining the current technology infrastructure.

The second contract is a $75 million Development, Infrastructure, Security and Modernization (DISM) task to support the Treasury Department’s IRS Office of the Chief Information Officer to provide Technology Integration Office support. As part of the contract, Maximus will assist the IRS with its technology infrastructure, which will include shifting specific content to the cloud for the first time.

“We have a unique and unmatched ability to both support the annual filing season and improve the technology infrastructure, all with an unwavering commitment to deliver for the IRS,” said Teresa Weipert, President and General Manager of Maximus Federal.

The Maximus team for IRS ensures continuity of filing for the U.S. Federal Government with secure, timely, and accurate returns for more than 160 million individual American taxpayers, as roughly 30 percent of the team are comprised of former IRS employees with the other 70 percent comprised of technologists and technical program managers.

Throughout the COVID-19 pandemic, Maximus helped the IRS meet the increased needs of citizens, through the distribution of relief payments in 2020 and 2021, as well as extensions and special exemptions during filing season including support for the IRS Call Center for information on Economic Impact Payments (EIP). With the implementation of new technology and the work completed through these two contracts, Maximus will help the IRS turn its modern vision for the agency into reality.

About Maximus

Since 1975, Maximus has operated under its founding mission of Helping Government Serve the People^®, enabling citizens around the globe to successfully engage with their governments at all levels and across a variety of health and human services programs. Maximus delivers innovative business process management and technology solutions that contribute to improved outcomes for citizens and higher levels of productivity, accuracy, accountability, and efficiency of government-sponsored programs. With more than 34,000 employees worldwide, Maximus is a proud partner to government agencies in the United States, Australia, Canada, Italy, Saudi Arabia, Singapore, South Korea, Sweden, and the United Kingdom. For more information, visit maximus.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210720005283/en/

FAQ

What contracts did Maximus receive from the IRS in 2023?

Maximus was awarded two contracts worth a total of $151 million from the IRS.

How much is the Masterfile System Programming Support Services contract worth?

The Masterfile System Programming Support Services contract is valued at $76 million.

What is the main focus of the $75 million IRS contract?

The $75 million contract focuses on Technology Integration Office support and modernization efforts.

How does Maximus support the IRS with its contracts?

Maximus supports the IRS by enhancing technology infrastructure and implementing key legislation in tax services.

When did Maximus start its partnership with the IRS?

Maximus's partnership with the IRS began in 1991.