Maximus Federal Services, Inc. — Federal Contractor Profile
MAXIMUS FEDERAL SERVICES, INC. Secures $4559.79 Billion in Federal Contracts
Contractor Overview
Total Contract Value: $4,559,791,741,125 ($4.6T)
Total Awards: 2987
Company Profile
MAXIMUS FEDERAL SERVICES, INC. is a significant player in federal government contracting, with a total contract value of $4559.79 billion and 2987 contracts. The company specializes in providing mission-critical support to federal agencies, particularly in areas such as human services, healthcare, and workforce management. Their core capabilities include program management, data analytics, and technology solutions. While they have a broad portfolio, their contracts are primarily awarded through competitive processes, indicating a strong market position. Notable projects include support for the Social Security Administration and the Department of Health and Human Services. Their contract patterns reveal a diversified client base, with no single agency accounting for a majority of their business. The company's growth trajectory is stable, with a focus on expanding their service offerings and maintaining a competitive edge in the federal contracting market.
Specializations
- Human Services
- Healthcare
- Workforce Management
- Data Analytics
- Program Management
- Technology Solutions
- Social Security Administration Support
- Healthcare Management
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 99.99%
Agency Concentration: moderate
Growth Trajectory: stable
Sole Source Rate: 0.00%
Recompete Rate: 90%
Competitive Position
MAXIMUS FEDERAL SERVICES, INC. is a dominant player in the federal contracting market, particularly in human services and healthcare. They consistently win contracts through competitive processes, indicating a strong market position and a reputation for delivering high-quality services. Their ability to secure recompete contracts suggests a high level of satisfaction among their clients, which is a key competitive advantage.
Value to Taxpayers
MAXIMUS FEDERAL SERVICES, INC. provides good value for taxpayer money, given their consistent competitive wins and strong performance history. Their average contract size of $1,52,65,45,611 is in line with industry standards, and their focus on mission-critical support to federal agencies ensures that they are addressing important public needs. However, the lack of sole-source contracts and a diversified client base suggests that they are not taking on high-risk, high-reward projects, which could be a concern for some stakeholders.
Agency Relationships
MAXIMUS FEDERAL SERVICES, INC. has strong relationships with agencies such as the Social Security Administration and the Department of Health and Human Services. These agencies rely on the company for critical support in areas like program management and data analytics. While this concentration is not a major risk, it does highlight a potential dependency on a few key clients. Diversifying their client base could help mitigate this risk.
Red Flags
- No sole-source contracts: This suggests that the company is not taking on high-risk, high-reward projects, which could be a concern for some stakeholders.
- Diversified client base: While this is generally positive, it also means that no single agency accounts for a majority of their business, which could indicate a lack of focus or dependency on a few key clients.
- No recent contracts: The absence of recent contracts could indicate a slowdown in new business opportunities or challenges in securing new contracts.
Green Flags
- Consistent competitive wins: MAXIMUS FEDERAL SERVICES, INC. has a strong track record of winning contracts through competitive processes, indicating a high level of market demand for their services.
- Diverse specializations: The company's broad range of specializations, including human services, healthcare, and technology solutions, suggests a strong ability to adapt to changing needs in the federal contracting market.
- Strong performance history: Their consistent performance and recompete rates indicate that they are delivering high-quality services to federal agencies.
Key Contracts
MAXIMUS FEDERAL SERVICES, INC. has secured significant contracts with the Social Security Administration and the Department of Health and Human Services. These contracts involve providing comprehensive support in areas such as program management, data analytics, and technology solutions. For example, their contract with the Social Security Administration involves managing and modernizing the agency's systems, which is a critical task given the importance of the Social Security program. These contracts reveal the company's capabilities in delivering large-scale, mission-critical support to federal agencies. They also highlight their strategic focus on expanding their service offerings and maintaining a strong presence in the federal contracting market.
Frequently Asked Questions
What does MAXIMUS FEDERAL SERVICES, INC. do for the federal government?
MAXIMUS FEDERAL SERVICES, INC. provides mission-critical support to federal agencies, particularly in human services, healthcare, and workforce management. They offer a range of services including program management, data analytics, and technology solutions. Their work includes supporting the Social Security Administration and the Department of Health and Human Services, among others.
How much taxpayer money does MAXIMUS FEDERAL SERVICES, INC. receive?
MAXIMUS FEDERAL SERVICES, INC. has secured $4559.79 billion in federal contracts, with an average contract size of $1,52,65,45,611. This indicates a significant investment of taxpayer money in the company's services and operations.
Is MAXIMUS FEDERAL SERVICES, INC. good value for taxpayer money?
MAXIMUS FEDERAL SERVICES, INC. provides good value for taxpayer money, given their consistent competitive wins and strong performance history. Their average contract size is in line with industry standards, and their focus on mission-critical support to federal agencies ensures that they are addressing important public needs. However, the lack of sole-source contracts and a diversified client base suggests that they are not taking on high-risk, high-reward projects, which could be a concern for some stakeholders.
How does MAXIMUS FEDERAL SERVICES, INC. win its contracts?
MAXIMUS FEDERAL SERVICES, INC. primarily wins contracts through competitive processes, with a 99.99% competitive win rate. This indicates a strong market position and a reputation for delivering high-quality services. Their ability to secure recompete contracts suggests a high level of satisfaction among their clients, which is a key competitive advantage.
What agencies use MAXIMUS FEDERAL SERVICES, INC. most?
MAXIMUS FEDERAL SERVICES, INC. has strong relationships with agencies such as the Social Security Administration and the Department of Health and Human Services. These agencies rely on the company for critical support in areas like program management and data analytics. While this concentration is not a major risk, it does highlight a potential dependency on a few key clients. Diversifying their client base could help mitigate this risk.
What are the risks of relying on MAXIMUS FEDERAL SERVICES, INC.?
The risks of relying on MAXIMUS FEDERAL SERVICES, INC. include the lack of sole-source contracts, which suggests they are not taking on high-risk, high-reward projects. Additionally, their diversified client base means that no single agency accounts for a majority of their business, which could indicate a lack of focus or dependency on a few key clients. The absence of recent contracts could also indicate a slowdown in new business opportunities or challenges in securing new contracts.
How does MAXIMUS FEDERAL SERVICES, INC. compare to similar contractors?
MAXIMUS FEDERAL SERVICES, INC. is a dominant player in the federal contracting market, particularly in human services and healthcare. They consistently win contracts through competitive processes, indicating a strong market position and a reputation for delivering high-quality services. Their ability to secure recompete contracts suggests a high level of satisfaction among their clients, which is a key competitive advantage. However, they face competition from other large contractors like Leidos and Booz Allen Hamilton, who also have strong market positions and a wide range of specializations.
Recent Federal Contracts
Maximus Federal Services, Inc. has over 25 federal contracts on record. Below are the largest awards: