Mathematica Inc.

Mathematica Inc., a woman-owned research and data analytics consultancy based in Princeton, New Jersey, delivers program evaluation, evidence-building, policy analysis, and technical assistance services to federal agencies as a prime contractor across 55 customer agencies, with 97% of recent awards in the prime role and no set-aside designations characterizing its full-and-open competitive posture.

Mathematica operates as a subsidiary of Research Triangle Institute International (RTI International), a nonprofit research organization. The vendor competes across full-and-open federal procurements without reliance on socioeconomic set-asides, positioning itself as a large established contractor capable of executing multi-year, complex evaluation and evidence-building initiatives. The company's core capability footprint centers on rigorous program evaluation design and implementation, data analytics and visualization, survey research and measurement development, policy analysis, learning collaboratives and technical assistance, and performance measurement systems—delivered across healthcare, education, social services, disability, workforce development, and international development domains. Representative capability work includes a $79.6 million delivery order from CMS for technical assistance and analytic support for the Medicaid and CHIP Quality Measurement and Improvement Program under RMADA 2, a $35.7 million delivery order for independent evaluation of the Guiding an Improved Dementia Experience (GUIDE) Model, a $24 million definitive contract with the Department of Education's Institute of Education Sciences to serve as the Regional Educational Laboratory for the Mid-Atlantic region through June 2027, and a $19.4 million definitive contract with IES for Regional Educational Laboratory services in the Central region with Saint Louis University and RMC Research Corp as subcontractors.

Customer concentration is heavily tilted toward HHS and Education. The top five customer agencies account for approximately 50% of recent awards by count but 90% of combined potential value. The Department of Education's Institute of Education Sciences leads in potential value with 65 awards totaling $2.67 billion combined potential value, followed by CMS with 95 awards for $1.64 billion and HHS's Office of the Assistant Secretary for Administration with 168 awards for $1.39 billion. HRSA Headquarters (26 awards, $533.3 million) and CDC Pittsburgh (10 awards, $502.2 million) round out the top five. The vendor's award distribution reflects concentration in civilian health and education agencies rather than defense or intelligence work.

Mathematica holds a multi-vehicle IDIQ portfolio anchoring much of its task-order activity. The HHS Program Support Center accounts for 80 task orders valued at $506.8 million combined potential value, serving as the workhorse for delivery orders across multiple HHS agencies. The Research, Measurement, Assessment, Design, and Analysis 2 (RMADA 2) vehicle from CMS yields 27 task orders for $658.4 million. The vendor was awarded a $344.7 million single-award Evaluations and Evidence Building IDIQ with HRSA through September 2026. Additional major vehicles include the OASIS+ Unrestricted government-wide MAC (awarded December 2024, nationwide scope through December 2029), a $250 million multiple-award IDC with the Institute of Education Sciences for career pathways evaluation through September 2029, a $2 billion PRESTO (Procurement of Research Evaluation and Statistics Task Orders) multiple-award IDIQ with IES through February 2028, a $90 million NSF Evaluation, Assessment, and Program Management Services multiple-award indefinite-delivery contract through August 2027, a $35 million NSF National Center for Science and Engineering Statistics Technical and Analytical Support Services IDIQ through September 2026, and single-award BPAs with the Food and Nutrition Service and Institute of Education Sciences for specialized task-order work. These vehicles position Mathematica to bid against competitors on civilian research and evaluation work across federal agencies.

Activity has scaled sharply from the prior five-year baseline. Awards per year show: 2022: 23 | 2023: 29 | 2024: 43 | 2025: 17 | 2026: 2 (note: 2026 entries are sparse through the source snapshot date of July 15, 2026). Combined potential value across all 772 recent prime and sub awards totals $7.49 billion, with $2.63 billion obligated to date (35% of potential). A recompete cliff of $430.7 million in combined potential value faces ultimate completion inside the next twenty-four months, creating material recompete exposure and opportunity for competitors.

SCI-reported invoiced revenue shows steady scaling within the federal service-contract reporting universe. Across FY2022–FY2024, Mathematica reported $532.5 million in invoiced SCI-reportable revenue (prime records only), growing from $161.3 million in FY2022 to $187.7 million in FY2024. The FTE trajectory climbed from 435 FTEs in FY2022 to 456 FTEs in FY2024, reflecting modest headcount growth against rising contract values. Government-paid hourly rates on prime service contracts range from a 10th percentile of $75.39/hr through a median of $180.16/hr to a 90th percentile of $281.70/hr, indicating a tiered labor model with entry and support-level work at lower rates and senior research and methodological staff commanding premium pricing. Across SCI-reportable prime contracts, Mathematica self-performs 93% of contractor hours on average, with an average sub-hours share of 7% and 205 named subcontractors reported across the contractor base. The high self-performance ratio reflects Mathematica's internal research and analytical staffing model rather than reliance on a subcontracting network.

Mathematica operates as a prime on 97% of recent awards and as a subcontractor on 3%, positioning it as a primary contractor and rare sub partner. When subcontracting, Mathematica partners primarily with research institutions, universities, and specialized analytics firms. Named prime contractors Mathematica subs to include General Dynamics Information Technology (multiple MIDS-related sub tasks), Research Triangle Institute (parent-company sub relationship on select awards), MDRC (fatherhood programs evaluation), Making Cents International (USAID inclusive development work), Chemonics International (Nepal early grade learning), The Urban Institute (registered apprenticeship evaluation), and American Institutes for Research (H-1B nursing programs). These teaming relationships reflect thematic alignment around education, workforce, health equity, and international development rather than broad prime reliance.

Federal grant activity is modest relative to contract volume. Mathematica holds two prime cooperative agreement awards from SSA's Social Security Research and Demonstration program (CFDA 96.007): a randomized controlled trial on Individual Placement and Support for formerly homeless people with disabilities valued at $8 million (2023–2027), and a Transition Exploration Demonstration (TED) employment intervention for youth with disabilities (2023–2027). The vendor also receives grant sub-awards from state developmental disabilities councils, universities (Drexel, CUNY Research Foundation), and nonprofit grantees (Florida DDs Council, NACCHO) focused on disability services, health equity, workforce development, and community capacity building. Grant work comprises a smaller revenue stream than federal service contracts and IDIQs.

The top category concentrations are administrative and management consulting (252 awards), social sciences research and development (134 awards), and professional and technical services (54 awards), with PSC codes clustering around Support-Professional (Other) (168 awards) and Program Evaluation/Review/Development (106 awards). This categorization confirms Mathematica's footprint in research, policy analysis, and evaluation—not commodity IT, facilities management, or logistics.