SRA Awarded $25 Million Blanket Purchasing Agreement from USDA Food and Nutrition Service
The ALERT system is a fraud-detection, decision-support system designed to monitor and track electronically conducted retail transactions completed by Supplemental Nutrition Assistance Program (SNAP) recipients in authorized meal program and food retailer locations. The ALERT system facilitates management of the program by providing transaction-level information to the federal personnel responsible for SNAP retailer management and compliance activities.
SRA will work with FNS to develop the next-generation ALERT system, to enhance its functionality and modernize its technology. SRA's solution includes advanced analytics, data mining and pattern recognition to increase the volume of fraud detection. SRA has also proposed a geographic information system solution that will allow investigators the ability to detect fraud based on geospatial analysis.
"SRA has a long history of applying analytical tools and methods to large data sets to identify fraud, waste and abuse," said
SRA and its subsidiaries are dedicated to solving complex problems of global significance for government organizations serving the national security, civil government and global health markets. Founded in 1978, the company and its subsidiaries have expertise in such areas as air surveillance and air traffic management; cyber security; disaster response planning; enterprise resource planning; environmental strategies; IT systems, infrastructure and managed services; logistics; public health preparedness; public safety; strategic management consulting; systems engineering; and wireless integration.
FORTUNE® magazine has chosen SRA as one of the "100 Best Companies to Work For" for ten consecutive years. The company and its subsidiaries employ more than 6,900 employees serving clients from headquarters in
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. 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
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