We apologize for the brief delay in launching CFMA’s new education and certification platforms. The CCIFP Recertification deadline has been extended to April 30, 2025. We truly appreciate your patience as we put the finishing touches on changes that are designed to improve and enhance your CFMA experience!

Sureties

Bonding decisions are based on a contractor's character, experience, and financial strength. Sureties should insist that construction clients have a CFO on staff that holds the CCIFP designation because a certified financial management designation for the construction industry means they:

  • Pledge to the highest ethical standards
  • Have met professional and educational experience requirements
  • Have shown competence in eight domain knowledge areas required of a CCIFP

The Grant Thornton LLP survey of Surety Bond Producers* cites having a CCIFP as an important criteria:

  • Seven out of 10 bond producer participants cited having construction clients with a financial professional on staff with industry experience as an important criteria for obtaining surety credit.
  • NASBP has also included the question on their model contractor questionnaire.

* Excerpt from Grant Thornton LLP’s “2007 Surety Credit Survey for Construction Contractors: The Bond Producer’s Perspective"

Sureties with CCIFPs on staff: