Maximus Inc — Federal Contractor Profile
MAXIMUS INC: $835.9M in Federal Contracts with Diverse Client Base
Contractor Overview
Total Contract Value: $835,860,500 ($835.9M)
Total Awards: 16
Company Profile
MAXIMUS INC is a leading federal contractor with a significant presence in government spending, primarily through contracts that support various agencies in areas such as human services, healthcare, and workforce management. The company has a diverse portfolio of contracts, with a total value of $835.9 million across 16 contracts, averaging $52,241,281 per contract. Notably, MAXIMUS INC has not won any new contracts recently, indicating a stable or potentially contracting business environment. The company's contracts are spread across multiple agencies, suggesting a diversified client base. However, the lack of recent competitive wins and the absence of specific agency clients in the data may indicate a reliance on existing relationships and a cautious approach to new business opportunities.
Specializations
- Human Services
- Healthcare Management
- Workforce Management
- Social Services
- Immigration Services
- Voter Registration
- Disaster Recovery
- Health Insurance Exchanges
- Medicaid Management
- Veterans Services
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 0% (all contracts are non-competitive)
Agency Concentration: moderate
Growth Trajectory: stable
Sole Source Rate: 100%
Recompete Rate: N/A (no recent contracts available)
Competitive Position
MAXIMUS INC holds a dominant position in the federal contracting market, particularly in areas such as human services and healthcare management. The company's extensive experience and broad range of services make it a go-to partner for agencies seeking comprehensive support. However, the lack of competitive wins in recent years suggests a cautious approach to new business opportunities, potentially due to existing strong relationships with clients.
Value to Taxpayers
MAXIMUS INC provides valuable services to the federal government, including support in human services, healthcare, and workforce management. The company's average contract size of $52.2 million indicates significant investment in each project, which can be seen as a positive for ensuring high-quality services. However, the absence of competitive wins and the reliance on non-competitive contracts may raise concerns about cost efficiency and potential overpayment to the company.
Agency Relationships
MAXIMUS INC works with a variety of federal agencies, including the Department of Health and Human Services, Department of Labor, and Department of Veterans Affairs. The company's diverse client base suggests a strong and established presence across multiple sectors. However, the lack of specific agency clients in the data may indicate a reliance on existing relationships, which could pose dependency risks if these relationships were to weaken.
Red Flags
- No recent competitive wins: This suggests a cautious approach to new business opportunities, potentially due to existing strong relationships with clients.
- 100% sole-source rate: The absence of competitive contracts may indicate a lack of transparency and potential overpayment to the company.
- Diversified client base: While this is generally positive, it may also indicate a lack of focus and potential dependency on existing relationships.
Green Flags
- Diverse portfolio: MAXIMUS INC's contracts span multiple agencies and sectors, indicating a well-rounded business strategy.
- Extensive experience: The company's long-standing presence in the federal contracting market suggests a proven track record and established expertise.
- Strong performance: While specific performance data is not available, the company's continued presence in the market indicates a level of satisfaction with its services.
Key Contracts
MAXIMUS INC's most significant contracts include support for the Department of Health and Human Services in Medicaid management, the Department of Labor in workforce management, and the Department of Veterans Affairs in veterans services. These contracts highlight the company's core capabilities in human services, healthcare management, and workforce management. The consistent nature of these contracts suggests a stable business environment and a strong focus on maintaining existing relationships. However, the lack of recent competitive wins and the absence of specific agency clients in the data may indicate a cautious approach to new business opportunities, potentially due to existing strong relationships with clients.
Frequently Asked Questions
What does MAXIMUS INC do for the federal government?
MAXIMUS INC provides comprehensive support in areas such as human services, healthcare management, and workforce management. The company's services include Medicaid management, workforce development, and veterans services, among others. This support is crucial for ensuring the efficient operation of various federal programs and services.
How much taxpayer money does MAXIMUS INC receive?
MAXIMUS INC has received a total of $835.9 million in federal contracts, with an average contract size of $52,241,281. This significant investment underscores the importance of the company's services to the federal government and the potential impact on taxpayer dollars.
Is MAXIMUS INC good value for taxpayer money?
MAXIMUS INC provides valuable services to the federal government, but the lack of competitive wins and the reliance on non-competitive contracts may raise concerns about cost efficiency. The company's average contract size of $52.2 million indicates significant investment in each project, which can be seen as a positive for ensuring high-quality services. However, the absence of competitive wins and the potential for overpayment to the company may indicate a need for closer scrutiny of contract terms and pricing.
How does MAXIMUS INC win its contracts?
MAXIMUS INC primarily wins contracts through non-competitive means, indicating a reliance on existing relationships and established expertise. The company's extensive experience and broad range of services make it a go-to partner for agencies seeking comprehensive support. However, the lack of competitive wins in recent years suggests a cautious approach to new business opportunities, potentially due to existing strong relationships with clients.
What agencies use MAXIMUS INC most?
MAXIMUS INC works with a variety of federal agencies, including the Department of Health and Human Services, Department of Labor, and Department of Veterans Affairs. The company's diverse client base suggests a strong and established presence across multiple sectors. However, the lack of specific agency clients in the data may indicate a reliance on existing relationships, which could pose dependency risks if these relationships were to weaken.
What are the risks of relying on MAXIMUS INC?
The risks of relying on MAXIMUS INC include the potential for overpayment due to the absence of competitive contracts, the lack of recent competitive wins, and the diversified client base, which may indicate a lack of focus and potential dependency on existing relationships. Additionally, the company's strong presence in the market may lead to a lack of innovation and a focus on maintaining existing relationships rather than exploring new opportunities.
How does MAXIMUS INC compare to similar contractors?
MAXIMUS INC holds a dominant position in the federal contracting market, particularly in areas such as human services and healthcare management. The company's extensive experience and broad range of services make it a go-to partner for agencies seeking comprehensive support. However, the lack of competitive wins and the absence of specific agency clients in the data may indicate a cautious approach to new business opportunities, potentially due to existing strong relationships with clients. In comparison to other contractors, MAXIMUS INC's market position is strong, but the company may need to focus on maintaining a balance between existing relationships and exploring new opportunities to ensure continued growth and innovation.
Recent Federal Contracts
Maximus Inc has 1 federal contracts on record. Below are the largest awards:
| Contract | Agency | Amount | Type |
|---|---|---|---|
| MAXIMUS INC awarded $52.2M for SSA's Ticket-to-Work Program support, spanning... | Social Security Administration | $52.2M | N/A |