Business Wire | Oct 26, 2021 06:30AM EDT

Maximus Awarded $323M Contract for Expanded Role to Modernize and Support Transformation of SEC's EDGAR System

Oct. 26, 2021

RESTON, Va.--(BUSINESS WIRE)--Oct. 26, 2021--Maximus (NYSE: MMS), a leading provider of government services worldwide, announced today that it has been awarded a contract from the Securities and Exchange Commission (SEC) worth $323 million. Under the 10-year contract, Maximus will expand its existing Enterprise EDGAR (Electronic Data Gathering, Analysis, and Retrieval) System Support Services to encompass the entire EDGAR system. The contract was awarded using the SEC OneIT IDIQ.

The contract award expands the scope of work Maximus currently holds to include enterprise IT infrastructure, modernization, digital transformation, agile software development, and cybersecurity services for EDGAR.

Under this contract award, Maximus will also continue to deliver comprehensive EDGAR application and ancillary system operations and maintenance as well as filer support.

Maximus received the award as the incumbent through its acquisition of Attain, a longtime SEC partner, earlier this year.

"This contract with the SEC is further validation of the work that has been performed and we look forward to helping the SEC meet their critical mission objectives including protecting investors while maintaining fair, orderly, and efficient markets," said Teresa Weipert, General Manager of Maximus Federal. "At Maximus, our focus is aimed at helping agencies achieve their IT modernization and digital transformation goals. We look forward to working alongside the SEC to conceptualize the future state of EDGAR."

The SEC's EDGAR system performs automated collection, validation, indexing, acceptance, and forwarding of submissions by companies and others who are required by law to file forms with the agency.

About MaximusSince 1975, Maximus (NYSE: MMS) has operated under its founding mission of Helping Government Serve the People(r), enabling citizens around the globe to successfully engage with their governments at all levels and across a variety of health and human services programs. Maximus delivers innovative business process management and technology solutions that contribute to improved outcomes for citizens and higher levels of productivity, accuracy, accountability, and efficiency of government-sponsored programs. With approximately 34,000 employees worldwide, Maximus is a proud partner to government agencies in the United States, Australia, Canada, Italy, Saudi Arabia, Singapore, South Korea, Sweden, and the United Kingdom. For more information, visit maximus.com.

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CONTACT: InvestorRelations James Francis 703.251.8526 Madison West 703.251.8443 InvestorRelations@maximus.com

CONTACT: Media & Public Relations Eileen Rivera 571.329.3410 media@maximus.com