Bruce L. Caswell
Thank and good everyone. you, morning, David,
related fiscal healthy interest continued XXXX. on results second goal rationalization our our progress debt of and exhibited building quarter for momentum Our demonstrated We across solid execution expense. and meaningful
long-term have are We evaluation. of not the to committed action shareholder that and in taken were value portfolio further areas driving
means Another quarter better guidance. complete our visibility to reaffirmed
behind or part their our high to Evaluation of Federal PACT as visibility execution our scenes Services look and we volumes us VES, a second a processing Services unwinding coverage claims the segment, of share with in in segment, the is customers me enter Services, as year. of Medicaid key related our fiscal U.S. supporting which for the X of continuous half provision; Veterans first, the and second, Act. mind redeterminations Top in our the business, include areas: state Let busy in
Maximus state we we the some working is a last discussed out remain front, the with in anticipate which intact. supporting more our than larger customers that through renewal year On in workload. is, states this over include which spreading meaning the our current redetermination quarter key period, populations, That allowable assumptions be work the customers, there will well
increase are work As to should fourth we which several customers period at our we contribution recently during added rate in pleased full support under we unwind or an redeterminations that phase. run either our fall, sized quarter, be the seeking in new third and volumes assistance a in existing with modestly eligibility new quarter.
I'm who programs customers result, have meaning anticipate
and may are work. ability addition, they other summer get In processing we our once find staff who assistance fall, and need later of positioned expertise to their states redetermination in and quickly scale themselves this to into well to provide
Turning VES to business. the
We current benefits claims. continue increase are affiliated and and new process expanded inventory to seeing initial these to VA cases both and an publicize organizations related volumes, Act in as the PACT
to which quarter and begun were year. as new for the these builds of for rest second in up staff the full ramping As forecast is and David claims. partners is awareness with and we've noted, of the productivity slightly first the more become VA familiar our this have saw its indicative in as like Nevertheless, PACT not actual the Maximus expectations volumes the below flow we Act volumes quarter invested to
the for building analysis us our half 'XX. coupled in outlook with planned inventories, our of a confidence FY fact, high claim provides of with of second In degree our capacity,
As element initial 'XX evolving well the we've we one's anticipated for veteran's the by tied exams PACT stated Act Act, requesting VA PACT be to the medical ramp the reexamination. of in qualify non-PACT recurring disability whether veterans from into volumes prior there in remainder or are a claims. the meaning as driven is condition or conditions to result are corresponding The veteran general, work 'XX FY which through of and calls, time. change benefits FY Act condition are their can increased either sustained a over on rating, a worth in severity they It's noting for over and
our as we As we in segment quarter, the where divested businesses possible. portfolio small David X optimize U.S. mentioned, Outside the continue to during the
within The Kingdom. was division United commercial first a the
was Sweden. services business second our The in employment
continue determined businesses we of run annual not We noncore second both, so, meeting strategy. rate in this segment's objectives. do our quarter. to particularly the And Together, performance portfolio will revenue in million. that about $XX to financial were way evaluate light routinely the of For is and they our our this
is to the transactions Services, financial which guidance.
I Operations the now EDOS, Going accretive given earnings. IRS been is The protest will expect under forward, procurement, impact, Development, now especially enough affect an year, slightly our resolved. to update Enterprise the we to had and partial not to our or large provide be
focus place $X.X over years XXXX billion the are which worth Blanket expected have the fiscal to win resolution contribute for year future on IRS orders. as uncertainty on Agreement relationship our orders trusted beyond. to the up of timing core the around with builds area our This a The modernization removes technology and We multiple in our secured Purchase award resulting strategic of X partner. our a and is in task task
on under on more and FSA, new has The XXXX. a going the than improved billion spans the focus realizable run which be to based Aidvantage to billion. supporting office, our enabled. of of made performance, business, infrastructure.
Remaining IRS's received proud accountability. rate are customer transformation contract. Education, is potential or We period, the it in modernization of December our for through MAXIMUS long-term XXst, the We we Federal, good services news Federal over also with technology is Aid and a of USDS, XX-year experience strategic IDIQ a aligned serving within borrower The and recently the concludes expected including estimate Data decade on or student vehicle as which our were awarded projected contract Department an to and Aidvantage's clear transparency just Servicing continue goal the Student their for next We position value Unified value options, loan $X new Solution, awarded borrowers the when to commence successor contract FSA supports into the current is work known and digitally enhance $XX has the
current the experienced, a that technology been borrower borrower-first to about focus also As while and existing we added the decrease under our to or borrower return a now of for XXXX. capabilities the earlier reminder after would X/X offers borrower been in FSA XX the the A of operating from decade the borrowers accounts, million our our XXth, resolved in with metrics, repayment added Maximus Education XX bringing the that relief conflict-free, of X repayment million borrowers, contract point, June revenue successfully which come.
To X.X FSA time been contracts, quick Debt our up contract. million days more innovation have agreement operator, entrusted scheduled to of is XX performance-related or to experience. the improve and of look We've accounts, return and which service to novation which of had days begin the debt Department after October mentality is to over litigation on forward Supreme level increases approximately relief at total agility and we borrower to Court revenue to trusted is the XXXX.
As these and award potential turn to our guidance.
I XXst. pipeline we've as of FY accommodated said before, 'XX metrics will March in now outcomes are
in period yet Further, which, totaled XXXX, awards includes $X.XX quarter, fiscal second quarter for that our year-to-date the For that into large total of year. March at book These signed. the there a awards. worth comments fiscal been QX second a translate billion trailing award of not approximately the to a I'll came were the XXst, last of XX-month which in reminder, but awards of signed our CCO awards to few billion of as value. contracts $X.XX billion offer $X.XX had during contract contributed on awarded bill booked our X.Xx
for awards awardees, Also, was subsequent to USDS quarter included value $X.X signed not occur would task IDIQ close. EDOS are the the our executed. value task across subsequent new have We any carry IRS orders for BPA. as potential The new of the the contributions billion orders to meaning awarded
that $X.X to this relationships. worth our our bookings like the I'd highlight nearly customer contracts to of contributed illustrate and billion second X solid quarter strength Finally,
this million program First announced worth is Kids win years, as eligibility a Kids. contract services, we variety option known XX on an XXXX. and through Last on Healthy program, recompete A the contract extension enrollment CHIP of over periods. for year, Florida state's our Healthy This March of including provides $XXX including
win visibility. contracts excellent begins we through This secure April XXXX example So in revenue of the prime a of and can options. performance carries and period for that this year with the offer us is long-term margin XXXX of how
on Enrollment Broker million. The a worth extension is contract Michigan Services $XXX second our award X-year
Human of to this back underpins and which Health with goes Services, of value relationship Michigan Department long-term the XXXX, we provide. customer, services proposition the Our the
turn our Let's our attention opportunities. to pipeline of
proposals in XX% March Our tracking. pending, is new million the billion of of opportunities, $XX.X total Of of pipeline reported March $XX.X and quarter in in preparation, sales in work. XXst to opportunities $XXX fiscal our XXst $X.X compared pipeline proposals XXXX. at billion was pipeline first in comprised The approximately $XX.X billion billion represents
segment. our is Federal to Additionally, billion XX% Services U.S. attributable the pipeline $XX.X total of
With the the clear. of in meaningful us, quarter progress are priorities second our behind remainder fiscal XXXX the achieved for
veterans execution capital core business, continued and and Medicaid on eligibility Specifically, focus ramping our allocation. assessments underperforming in disciplined volumes on markets,
segment the as with awards very work enable Over new to reliable, large-scale services. mission-critical combination a partner and citizen broader awards mid-single-digit the that recompete pleased our in proven dollar I'm solidify reputation delivering the horizon, organic future Multiple in and to the growth. deliver of federal government Federal bolster awards multibillion our us
processes strategy, optimizing focus matter, organizational our in on and company to the is execution, our management for the X-to-X-year near-term support to Finally, model term. that addition longer our and team
bring greater income underpin margin the activities that, commitments our of use greater value our made create last innovation Investor Operator? for Our line we May with in will and operations, technology on open customers, Q&A. for operating our and Day.
And we'll
