MAXIMUS Awarded Over $4 Million Welfare-to-Work Contracts in Delaware.Business Editors RESTON, Va.--(BUSINESS WIRE)--Oct. 19, 2001--(NYSE NYSE See: New York Stock Exchange :MMS (Multimedia Messaging Service) An enhanced transmission service that enables graphics, video clips and sound files to be transmitted via cellphones. Developed as part of the 3GPP project, MMS phones are generally backward compatible with SMS and EMS. ) The State of Delaware has awarded MAXIMUS three contracts totaling more than $4 million to provide welfare-to work services over the next two years. The Company successfully won the competitive rebid re·bid v. re·bid, re·bid·den or re·bid, re·bid·ding, re·bids v.tr. 1. Games To bid (a previously bid suit) again in bridge. 2. of a contract with the Delaware Department of Labor to operate the Employment Connection program in New Castle County. Valued at $3.2 million, this two-year contract runs through 2003. A second contract has also been re-awarded by Delaware Health and Social Services social services Noun, pl welfare services provided by local authorities or a state agency for people with particular social needs social services npl → servicios mpl sociales to operate the Able-Bodied Adults Without Dependents Food Stamp program The US Food Stamp Program is a federal assistance program that provides food to low income people living in the United States. Benefits are distributed by the individual states, but the program is administered through the U.S. Department of Agriculture. . Valued at $405,000, this contract runs through 2003. Under these contracts, MAXIMUS will continue to provide program participants with comprehensive case management and job readiness services. MAXIMUS works directly with participants to prepare them to successfully enter the workforce, to place them in gainful gain·ful adj. Providing a gain; profitable: gainful employment. gain ful·ly adv. positions with wages and opportunities to grow, and to encourage and support the participant's ability to remain employed. MAXIMUS has also been awarded a new contract by Delaware Department of Labor. The Keep A Job contract, valued at $450,000 is another two-year contract. MAXIMUS will provide a continuation of Employment Connection services in this pilot program. MAXIMUS will work directly with program participants to encourage and support continued employment of jobseekers for one year. Retention case management will focus on moving the employed participant towards higher paying jobs with benefits and career advancement opportunities. "MAXIMUS has demonstrated its unique capabilities providing welfare to work services in Delaware, and other states and counties across the nation. These contract awards reinforce our commitment to providing quality services and delivering results for our government clients and the citizens they serve," stated Dr. David V. Mastran, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of MAXIMUS. "Proven performance by MAXIMUS strengthens both our reputation and our ability to gain additional business." Delaware's A Better Chance (DABC DABC Dispersive Absorbing Boundary Condition ) Welfare Reform team and MAXIMUS have formed a successful partnership that has integrated various State and MAXIMUS staff into a cohesive, goal-oriented team that provides employment services to the State's most vulnerable families. Since becoming a partner with DABC in 1998, MAXIMUS has successfully placed more than 1,600 jobseekers into unsubsidized employment. MAXIMUS is one of America's largest government services companies devoted to providing state and local governments with program management, information technology, and consulting services. The company has more than 4,700 employees located in more than 170 offices across the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . Statements that are not historical facts, including statements about the Company's confidence and strategies and the Company's expectations about revenues, results of operations, profitability, future contracts, market opportunities, market demand or acceptance of the Company's products are forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. that involve risks and uncertainties. These uncertainties could cause the Company's actual results to differ materially from those indicated by such forward-looking statements and include reliance on government clients; risks associated with government contracting; risks involved in managing government projects; legislative changes and political developments; opposition from government unions; challenges resulting from growth; adverse publicity; and legal, economic, and other risks detailed in Exhibit 99.1 to the Company's most recent Annual Report filed with the Securities and Exchange Commission (file number 001-12997) |
|
||||||||||||||

ful·ly adv.
Printer friendly
Cite/link
Email
Feedback
Reader Opinion