Wednesday, November 6th, 2024
3-5 PM (ET), 12-2 PM (PT)

Prequalification programs have been well established, but questions persist for many in how to choose the best subcontractor, and likewise as a subcontractor, how to put in your best effort to get the job. Take a deep dive into learning the prequalification process. Learn why some GCs worry about subcontractor failure and how subcontractors can become more comfortable with sharing financial information. Gain insight into best practices your company can implement to make your financial statement picture perfect.

After completing this session, you will be able to:
 

• Take steps to make the prequalification process successful in your company’s culture
• Identify the types of information requested and how they are used
• Evaluate companies with successful prequalification processes
• Develop a team approach in selecting the appropriate trade partner/vendor for your projects
• Determine what additional risk mitigation measures should be put in place for certain trade partners/vendors
• Develop open lines of communication among prequalification, preconstruction services, and operations on trade partner performance

Level & Prerequisites
This is a group-live program at the Basic Level. No prerequisites or advanced preparation is required.

CPE information
Earn 2 CPE credits in the field of Specialized Knowledge.

CCIFP Information
Earn 2.0 CCIFP Professional Development credits toward the General or Construction Knowledge Requirement.

Who Should Attend?
 

• GCs
• Subcontractors
• Project Managers

Price
$90 for CFMA members
$120 for non-members

Group Viewing:
If you plan to view this program as part of a group and need to earn CPE credit, please contact CFMA at education@cfma.org at least one day before the start of the program.
  

Evan Cook, Prequalification Manager, Sundt
Lisa Mann, CPA, CCIFP, Assistant Controller, Sundt
Valerie McGuire, CPA, CCIFP, Controller, Pacific Rim Mechanical

Sponsored by

The Construction Financial Management Association (CFMA) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.