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News and Events


On April 7 the VoS Chapter

Hosted this important event.

Learn More

       Registration is now open!  Visit the website for more information.



Chapter Discussions

  • DOL has finally released the new salaried exempt rules. It raises the salary rates to $913 per week or $47,476 per year. It becomes effective December 1, 2016. This is the time for companies to evaluate individuals who will be impacted by the new...

  • Tori I would direct you to Dave Miller's overview regarding use of this form. The final legislation and DOR form modifications allow the GC to utilize the 5005 on MRRA as well as prime contracting jobs. As Dave notes, it becomes a function of...

  • One additional comment, my firm does not follow this practice, we do not issue form 5005 for MRRA projects. We are confident in our interpretation of the definitions. If a project is questionable, we treat it as prime contracting and issue the form...

  • Aaron, Attached is a copy of TPN - 15 Revised June 2015, issued by Arizona Department of Revenue to "help" explain the quagmire that is Arizona transaction privilege tax for contractors. Q & A 20 addresses your question. Contractors performing...

Upcoming Chapter Events

Value of Membership

Our Mission is to provide value to our members and community by:

The Valley of the Sun Chapter of Construction Financial Management Association (CFMA) is a broad based organization of professionals committed to serving the construction industry.

We are dedicated to member service by providing a forum for the exchange of ideas and a source of educational programs directed to their specific needs.

We strive to invest in our community through involvement in industry related issues and charitable endeavors.


Why CFMA? from Sonoran Studios on Vimeo.

Welcome New Members

Fredrick Russel - Tofel Construction 

Susan Keesler - Pulice Construction

Jill Smith - CreditSuppliers

Josh Swartzendruber - Mansperger Patterson & McMullin, PLC

Kirk Welch -  CNA

Shawnee Seller - Mountain States Contracting

Amy Mae Crow - Rummel Construction, Inc.

Susan Hammontree - USI Insurance Services, LLC

Stevie Vawter - Fann Contracting, Inc.

Shannon Anderson - AEC Electric

Mac Costas - Redpoint Contracting

Jatin Narang - ASU

Scott Sawicki - Core Construction