The modification is routine and within the expected scope of MMS's federal services business. Monitor for additional task orders under the DMCS program and the resolution of the partial stop work order.
Price Chart
Executive Summary
MAXIMUS Federal Services, a subsidiary of MAXIMUS Inc. (MMS), received a $65.7M contract modification from the Department of Education. The modification adds funds for new work on the DMCS program, exercises a six-month option, and incorporates wage determinations. This award represents approximately 1.26% of MMS's annualized revenue, a notable but not transformative addition to backlog.
Key Financial Metrics
Key Facts
- MAXIMUS Federal Services received a $65.7M contract modification from the Department of Education.
- The modification adds funds for DMCS program work, exercises a six-month option, and extends a partial stop work order.
- The award represents ~1.26% of MMS's annualized revenue of $5.22B.
- The contract is a modification (P00031) to an existing IDIQ-style vehicle, not a new competitive win.
Financial Impact
$65.7M modification, ~1.26% of annualized revenue
Risk Factors
- Funding risk from continuing resolutions or sequestration affecting Department of Education budgets.
- Execution risk on the DMCS program scope expansion.
- Partial stop work order extension suggests potential operational or performance issues.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 federal contract record from official U.S. government contract data.
| Document | Accession Number |
|---|---|
| GOVT-CONTRACT Data (Synthetic) | contract-91003125C0011 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 27, 2026 today | Institutional Cluster | $63.08 | awaiting T+1 | — | $62.47 (−0.97%) |
Oct 21, 2026 6d ago | Institutional Cluster | $63.38 $63.02 | ▼ −0.57% | ▼ −0.05% | $62.47 (−1.44%) |
Oct 20, 2026 7d ago | 8-K | $61.09 $62.07 | ▲ +1.60% | ▲ +1.08% | $62.47 (+2.26%) |
Oct 8, 2026 19d ago | SC 13G | $58.77 $59.39 | ▲ +1.05% | ▲ +0.46% | $62.47 (+6.30%) |
Sep 10, 2026 6w ago | GOVT-CONTRACT | $56.92 $59.35 | ▲ +4.27% | ▲ +4.72% | $62.47 (+9.75%) |
Sep 4, 2026 7w ago | GOVT-CONTRACT | $56.33 $56.11 | ▼ −0.39% | ▲ +0.07% | $62.47 (+10.90%) |
Aug 24, 2026 9w ago | GOVT-CONTRACT | $58.53 $58.97 | ▲ +0.75% | ▲ +0.73% | $62.47 (+6.73%) |
Jul 29, 2026 13w ago | GOVT-CONTRACT | $60.64 $60.25 | ▼ −0.64% | ▼ −1.36% | $62.47 (+3.02%) |
May 7, 2026 24w ago | 8-K | $66.66 $64.27 | ▼ −3.59% | ▼ −4.42% | $62.47 (−6.29%) |
Apr 1, 2026 30w ago | GOVT-CONTRACT | $61.67 $63.00 | ▲ +2.15% | ▲ +1.68% | $62.47 (+1.30%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers