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The Federal Acquisition Regulation sets the guidelines that federal agencies must follow when entering into contracts. These regulations ensure that all contractors meet specific standards of reliability, integrity and performance. This compliance demonstrates a commitment to meeting the high standards expected in federal procurement from any company seeking to work with federal agencies.
Lerch Bates: FAR Compliant and Employee-Owned
At Lerch Bates, we are proud to not only be FAR compliant but also to operate as a 100% employee-owned S-corporation. This dual distinction sets us apart in the world of federal contracting. Our adherence to FAR ensures that we meet the rigorous standards required by federal agencies, while our employee ownership model aligns with recent incentives introduced by the Department of Defense and promises high levels of service from Team LB. The Department of Defense recently launched a Pilot Program designed to encourage contracts with companies that have an Employee Stock Ownership Plan (ESOP). To qualify for this program, a business must be a 100% employee-owned S-corporation. This new initiative underscores the growing recognition of the value that employee ownership brings to federal contracting, including increased commitment and performance.
For nearly 80 years, Lerch Bates has been a global leader in the Built Environment as a trusted technical advisor. Our commitment to excellence is reflected in our comprehensive suite of services, which covers every phase of a building’s lifespan. From initial planning to ongoing maintenance, we offer unparalleled technical consulting to ensure the success of your projects.
Our employee ownership model not only benefits our clients by fostering a high level of dedication and accountability but also positions us uniquely in the federal contracting space. As we continue to grow and evolve, we remain dedicated to delivering top-level technical expertise with a personal touch—because we truly “own what we do.”
To find a FAR compliant technical expert near you, click here or call 303-895-7956.
