REPEAT/MAXIMUS Wins $19.8 Million Orange County Welfare-to-Work Contract Rebid.Business Editors REPEATING...inserting ticker symbol Ticker Symbol An arrangement of characters (usually letters) representing a particular security listed on an exchange or otherwise traded publicly. When a company issues securities to the public marketplace, it selects an available ticker symbol for its securities which investors RESTON, Va.--(BUSINESS WIRE)--Jan. 10, 2002 The Board of Supervisors of Orange County, California Orange County is a county in Southern California, United States. Its county seat is Santa Ana. According to the 2000 Census, its population was 2,846,289, making it the second most populous county in the state of California, and the fifth most populous in the United States. , approved a $19.8 million contract for MAXIMUS to continue to provide welfare-to-work case management services in the County. This three-year contract includes two one-year options for renewal. Under this contract, MAXIMUS will provide job development, placement, and specialized counseling services to jobseeking citizens of Orange County. MAXIMUS will utilize monthly face-to-face contacts with all clients to identify barriers to employment, assess services needed, provide motivation, and review individual progress and activities. MAXIMUS expects to fully engage 65% of the families assigned as part of the Company's caseload case·load n. The number of cases handled in a given period, as by an attorney or by a clinic or social services agency. caseload Noun in welfare-to-work activities, including employment. The Company anticipates the placement of a minimum of seven (7) percent of the active caseload into new or better employment each month. Further, MAXIMUS is committed to maintaining a minimum average wage of $7.50 or higher for its job placements. "The service delivery motto for MAXIMUS in Orange County is 'Creating success, one family at a time.' The award of this contract continues and reinforces our strong commitment to providing the highest quality services to the families of Orange County," said 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. "This award is a confirmation of the confidence the County Board of Supervisors The examples and perspective in this article or section may represent an unduly geographically limited view of the subject. Please [ improve this article] or discuss the issue on the talk page. The Board of Supervisors is the body governing counties in the U.S. 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 Agency has in the services we have provided for the last eight years." MAXIMUS has provided case management services to Orange County since 1993, originally under the Greater Avenues for Independence (GAIN) program. GAIN was replaced by California Work Opportunity and Responsibility to Kids (CalWORKs) in the Spring of 1998. Last year, MAXIMUS placed over 19,000 job seekers job seeker also job·seek·er n. One who seeks employment. into gainful gain·ful adj. Providing a gain; profitable: gainful employment. gain  ful·ly adv. employment, in turn impacting the lives of more than 60,000 individuals.
To date, MAXIMUS has assisted more than 150,000 people in making the
successful transition to self-sufficiency and economic independence. The
Company currently operates 29 welfare-to-work contracts nationwide.
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 4,900 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) |
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