Bottom line: Palmetto GBA, LLC has $230,300,188 obligated on Centers for Medicare and Medicaid Services (CMS) contract 75FCMC24C0023, which carries a potential value of $725,198,930 including options, according to USAspending.gov.

By the numbers

• Obligated to date: $230,300,188
• Potential value with all options: $725,198,930
• Awarding agency: Department of Health and Human Services (CMS)
• Performance period: September 1, 2024 through July 31, 2031 (potential end date August 31, 2031)
• Description on record: "JJ A/B MAC"

What the record shows

USAspending lists the award under the Department of Health and Human Services, with the Centers for Medicare and Medicaid Services as the awarding sub-agency. Its NAICS classification is Direct Health and Medical Insurance Carriers. The record was last modified October 9, 2026.

The obligation figure is cumulative for the award, not a new announcement of funding; roughly a third of the potential value is obligated so far.

Why it matters

The gap between the $230.3M obligated and the $725.2M potential value shows how much of the contract's ceiling remains to be funded through options or modifications. The performance period runs into 2031.

Source: USAspending.gov award record.