SRA Awarded $78.5 Million Contract from National Practitioner Data Bank

FAIRFAX, Va.--()--SRA International, Inc., a leading provider of technology and strategic consulting services and solutions to government organizations, today announced that it has won the National Practitioner Data Bank (NPDB) and the Healthcare Integrity and Protection Data Bank (HIPDB) Fifth Generation contract on behalf of the U.S. Health Resources and Services Administration (HRSA). Under this contract, SRA will provide all services to operate the NPDB-HIPDB including full life-cycle system and software development, call center operations, document processing, security, business process modeling, enterprise content management, data analytics, business continuity planning, policy support, event planning, and operations and maintenance. The contract is valued at $78.5 million over five years, if all options are exercised.

The Data Bank, consisting of the National Practitioner Data Bank (NPDB) and the Healthcare Integrity and Protection Data Bank (HIPDB), is a confidential information clearinghouse established by Congress to improve health care quality, protect the public, and reduce health care fraud and abuse in the U.S.

“This project is indicative of the mission-focused work that SRA’s Health Group performs, and the impact that we have on the health of the American people every day,” said SRA Senior Vice President Paul Nedzbala. “We are proud of the confidence that HRSA has shown in SRA over the past 17 years, and look forward to continuing our work together to ensure that timely, accurate information on health care practitioners is available and affordable."

The NPDB and HIPDB encourage the identification and the prevention of medical malpractice and healthcare fraud across the U.S. by providing information sharing between reporting agencies, individual practitioners, and hospitals, health plans, and other healthcare organizations. Since 1994, SRA has contracted with HHS-HRSA to provide total lifecycle support of the operations, maintenance, and enhancement of NPDB-HIPDB.

About SRA International, Inc.

SRA is dedicated to solving complex problems of global significance for government organizations serving the national security, civil government, health, and intelligence and space markets. Founded in 1978, the company has expertise in such areas as cyber security; disaster response planning; enterprise resource planning; environmental strategies; energy systems and sustainability; IT systems, infrastructure and managed services; learning technologies; logistics; public health preparedness; public safety; strategic management consulting; and systems engineering.

SRA employs approximately 7,000 employees serving clients from its headquarters in Fairfax, Va., and offices around the world. For additional information on SRA, please visit www.sra.com.

Any statements in this press release about future expectations, plans, and prospects for SRA, including statements about the estimated value of the contract and work to be performed, and other statements containing the words “estimates,” “believes,” “anticipates,” “plans,” “expects,” “will,” and similar expressions, constitute forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995. Factors or risks that could cause our actual results to differ materially from the results we anticipate include, but are not limited to: (i) reduced spending levels and changing budget priorities of our largest customer, the United States federal government, which accounts for more than 90% of our revenue; (ii) failure to comply with complex U.S. government procurement-related laws and other regulations, including but not limited to, punitive damage liabilities under the False Claims Act and other laws, and financial incentives under so-called “whistleblower” statutes, awarding the whistleblower with a percentage of the recovery if the claims are successfully waged; (iii) possible delays or overturning of our government contract awards due to bid protests by competitors or loss of contract revenue or diminished opportunities based on the existence of organizational conflicts of interest; (iv) entry into new markets or incurring liabilities in hazardous areas; (v) failure to comply with laws such as the Foreign Corrupt Practices Act or regulations on government gratuities; (vi) failure to comply with Federal Acquisition Regulations and Cost Accounting Standards or the Fair Labor Standards Act; (vii) security threats, attacks or other disruptions on our information infrastructure, and failure to comply with complex network security and data privacy legal and contractual obligations or to protect sensitive information; (viii) any violation of third party intellectual rights; (ix) adverse changes in federal government practices such as insourcing; (x) delays in the U.S. government adopting appropriations necessary for program funding and future appropriation uncertainties adversely impacting customer spending plans; (xi) intense competition to win U.S. government contracts or recompetes and commoditization of services we offer; (xii) failure to obtain option awards, task orders or funding under contracts, or inability to successfully execute awarded contracts; (xiii) any adverse results of audits and investigations conducted by the Defense Contract Audit Agency or any of the Inspectors General for various agencies with which we contract, including, without limitation, any determination that our contractor business systems or contractor internal control systems are deficient; (xiv) difficulties accurately estimating contract costs and contract performance requirements; (xv) challenges in attracting and retaining key personnel or high-quality employees, particularly those with security clearances; and (xvi) adverse impact on employee and customer relations from media speculation regarding the company and its future ownership and operations.

Actual results may differ materially from those indicated by such forward-looking statements. In addition, the forward-looking statements included in this press release represent our views as of January 9, 2012. We anticipate that subsequent events and developments will cause our views to change. However, while we may elect to update these forward-looking statements at some point in the future, we specifically disclaim any obligation to do so. These forward-looking statements should not be relied upon as representing our views as of any date subsequent to January 9, 2012.

Contacts

SRA International, Inc.
Sheila Blackwell, 703-227-8345
sheila_blackwell@sra.com
or
Kelly Seacrist, 703-284-5083
kelly_seacrist@sra.com

Contacts

SRA International, Inc.
Sheila Blackwell, 703-227-8345
sheila_blackwell@sra.com
or
Kelly Seacrist, 703-284-5083
kelly_seacrist@sra.com