We maintain a traditional bank line of credit to ensure contract financing and to ensure timely payroll. We do not use the high interest factoring companies that impact the survivability of other firms.
In the event of a government continuing resolution or shut-down, Avad has the financial resources to continue supporting its clients without immediate impact.
We understand and can distinguish between the various components of the U.S. Department of Labor (DOL) Service Contract Act (SCA) Wage Determinations (WD) to include: the prevailing wage rates, labor categories, fringe benefits (health & welfare, holiday, vacation, uniform allowance, etc.), and Executive Order 13495 and Nondisplacement of Qualified Workers Under Service Contracts.
Avad ensure its service employees are paid wages and benefits in accordance with the SCA and our professional services staff are compensated within the industry standards for the local marketplace. We submit timely Request for Equitable Adjustment (REA)/Economic Price Adjustment (EPA) to ensure budgetary and contract fiscal year compliance.
We have decades of experience navigating organized labor relations, negotiating collective bargaining agreements, and responding to the National Labor Relations Board (NLRB) claims. We work to recognize all vested parties—employees, unions and client—with minimal impact and productive outcomes.
Avad consistently meets its regulatory federal, state and local taxes. We prioritize compliance to ensure penalties and interest are not accrued and all reports are filed in a timely manner.
Avad is a U.S. Small Business Administration (SBA) Historically Underutilized Business Zone (HUBZone) Certified Small Business and can accept and negotiate direct contract award sole sourced allowing reduced time required to award contracts, lower administrative costs, and procurement process effort reduced to a minimum.
Avad maintains its coverages for all corporate, local, state and federal government insurance regulations to include: workers’ compensation, general liability, umbrella liability, bonding, etc. We cover the unknown risks to protect our clients.
We’re all human and sometimes make mistakes. If that happens, we own them and identify systems, processes or people who can quickly mitigate issues and minimize recurrence. Avad operates as a transparent organization.
