Contractors are frequently blamed for cost overruns and chronic delays on federal projects because they lack significant information technology integration, adequately skilled workers, and effective coordination between subcontractors. Continue »
Stuart Binstock is President and CEO of the Construction Financial Management Association (CFMA). He has extensive experience in management issues, including strategic planning, government affairs, educational programming and delivery, financial management, membership development, non-dues revenue growth, program development, and process improvements. Binstock has served in executive positions for such trade and professional associations as the National Electrical Contractors Association, Associated General Contractors of America, and American Institute of Architects. He is an experienced moderator of panels at national and regional conferences. He is also a frequent speaker and has been interviewed on television and NPR. Since Binstock became President and CEO of CFMA, the association’s membership has grown from 6,400 to over 7,500 today. Its revenue has grown from $4.6 million to $5.8 million today. This growth has come about by CFMA focusing on bringing value to its members, finding non-dues revenue sources of income and returning nearly 10% of its revenue back to its 92 chapters through a variety of means which has resulted in strengthening CFMA’s chapters, thus strengthening the entire Association. He received his JD from the Catholic University School of Law in Washington, D.C. and has a BS in Industrial and Labor Relations from Cornell University.