SecProbe.io

March 3, 2020
Richard J. Nadeau
Chief Financial Officer
MAXIMUS, Inc.
1891 Metro Center Drive
Reston, Virginia 20190
Re:MAXIMUS, Inc.
Form 10-K for the Fiscal Year Ended September 30, 2019
Filed November 26, 2019
File No. 001-12997
Dear Mr. Nadeau:
            We have limited our review of your filing to the financial statements and related
disclosures and have the following comment.  In our comment, we may ask you to provide us
with information so we may better understand your disclosure.
            Please respond to this comment within ten business days by providing the requested
information or advise us as soon as possible when you will respond.  If you do not believe our
comment applies to your facts and circumstances, please tell us why in your response.
            After reviewing your response to this comment, we may have additional comments.
Form 10-K for the fiscal year ended September 30, 2019
Notes to Consolidated Financial Statements
Note 4: Revenue Recognition, page 56
1.We note that certain contracts include retainage balances whereby revenue is earned, but
cash payments are held back by the customer for a period of time, typically to allow for
the customer to evaluate the quality of the performance.  Please explain your analysis
under ASC 606-10-25-30(e) and ASC 606-10-55-85 through 88 in determining that
recognizing revenue for these sales prior to customer acceptance is appropriate.

 FirstName LastNameRichard J. Nadeau
 Comapany NameMAXIMUS, Inc.
 March 3, 2020 Page 2
 FirstName LastName
Richard J. Nadeau
MAXIMUS, Inc.
March 3, 2020
Page 2
              In closing, we remind you that the company and its management are responsible for the
accuracy and adequacy of their disclosures, notwithstanding any review, comments, action or
absence of action by the staff.
            You may contact Theresa Brillant at 202-551-3307 or Lyn Shenk at 202-551-3380 with
any questions.
Sincerely,
Division of Corporation Finance
Office of Trade & Services