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  • Saturday, November 16, 2024

Palantir Receives HHS Data Support Task Order Under $90M BPA

Palantir Technologies (NYSE: PLTR) has received an initial task order under a potential five-year, $90 million blanket purchase agreement to help the Department of Health and Human Services implement an information technology platform for processing business data.

The multimillion-dollar task order is part of HHS’ Solutioning with Holistic Analytics Restructured for the Enterprise BPA and has a performance period of 10.5 months, Palantir said Wednesday.

The company will support the department in the deployment of an integrated platform designed to help IT personnel set up applications for data access, ingestion and management work.

Akash Jain, president of Palantir’s U.S. government business, said the company will work to provide HHS “the software backbone to some of the country’s most critical public health missions.”

Work under HHS’ SHARE contract vehicle would expand the company’s services to HHS and is different from the assistance offered to the department’s public health programs.

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