There are equivalent to 33 global tiks by default. They're supposed to be more asynchronous so that might help but that just sounds like trying to hide how much load your server actually should have. They're also not dedicated when coming from valve they're using dynamic cloud hosting. That gets thrown around as dedicated for console games but that is not what I dedicated server is.

I don't know if valve calling their cloud hosting dedicated, I haven't been following since the beta. I have seen stories where sites are reporting valves dedicated servers but they don't offer dedicated servers.