SOURCE: USIS

July 07, 2006 12:42 ET

USIS Investigative Services Wins $260 Million Office of Personnel Management Contract

Contract Is for Support Services for Federal Government Background Investigations

FALLS CHURCH, VA -- (MARKET WIRE) -- July 7, 2006 -- USIS, a leader in pre-employment screening, drug testing, and insurance services, and the largest provider of security investigations to the U.S. government, has won a contract from the Office of Personnel Management (OPM) to provide support services for federal government background investigations. The contract has two base years and three option years for a total potential value of more than $260 million.

Under terms of the contract with OPM, USIS's Investigative Services business will perform various support services including case file maintenance and pre-review of case files; case file preparation and screening; data entry; file preparation; sorting, mailroom, and telephone/reception services; microfilm and imaging; and other services related to the search, retrieval, and support of federal background investigations.

The contract will be managed by USIS's Investigative Services business, which is currently providing services to OPM in this area under a previous five-year contract, and approximately 1,200 USIS employees will perform work in support of the contract. USIS Investigative Services is working on a transition plan with OPM and will begin providing services under the new contract in early July.

USIS is a worldwide provider of background investigations, pre-employment/drug screenings, insurance information services, due diligence and risk management assessment, and security and related professional services to businesses, federal agencies, and institutions. USIS is the largest supplier of security investigations to the U.S. government and a major global provider of security support services, training, and consulting solutions for government agencies. Headquartered in Falls Church, Va., USIS has more than 7,000 employees supporting business operations in all 50 states, U.S. territories, and overseas. For more information, please visit www.usis.com

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