Maximus Secures Two Contracts Worth $151M At IRS For Modernization And Support

MAXIMUS, Inc. MMS has been awarded two contracts from the Internal Revenue Service (IRS) for a combined value of $151 million.

  • Maximus would help IRS with large-scale cloud migration and train IRS employees on new systems and technologies.
  • 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.
  • 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.
  • Price Action: MMS shares trading higher by 2.32% at $87.62 on the last check Tuesday.
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