Beacon Consulting Group News - March 2019

 

Upcoming industry events:



Beacon Consulting Group, Inc.
President’s Message, March 2019
A Note from Dennis O’Neill


Happy March! Hope everyone had a good St. Patrick’s Day weekend. As I write this note, Spring is almost here, the Northeast is finally getting some above-freezing temperatures, and the snow is melting away. March definitely came in like a Lion. Let's hope it "goes out like a lamb" with warm and sunny weather—especially with opening day for baseball coming up next week.

This year, Beacon's team continues to be very busy working on a wide variety of construction consulting assignments across the U.S. We have also been involved in a number of great industry meetings. In January, we had a fantastic time in San Diego, co-hosting networking events and presenting at the ABA's Fidelity & Surety Law Committee’s Midwinter Conference. In February, Beacon Project Engineer Andrew Lem and I attended the Atlanta Surety Association meeting where we gave a presentation about new and emerging construction technologies.

Earlier this month, I spoke at the Chicago Surety Association's monthly luncheon where my presentation focused on Building Information Modeling (BIM), including the benefits and challenges of applying BIM on large construction projects. At all of these events, it was fun to catch up with old friends, meet many interesting new people, and learn from other industry specialists. In May, Beacon will be co-presenting a paper on Construction Contract Damages at the ABA’s Fidelity & Surety Law Spring Conferences in Austin, TX. Hope to see you there!

This month also brought another milestone for Beacon Consulting Group—the company turned 16 years old on March 3rd. I'm so proud of everything our team has accomplished in just 16 years! Every year, we continue to grow in terms of staff expertise, experience, and range of services. At this point, no construction consulting assignment is too large or challenging for Beacon to take on. If you have a need for any of our services anywhere in North America (and beyond), please contact us. I hope to speak with you soon or see you at an upcoming event!

Sincerely, Dennis O'Neill
Beacon Consulting Group, Inc.



Beacon Consulting Group Participates in
ABA Fidelity & Surety Law 2019 Midwinter
Conference (San Diego, CA)


In mid-January, several members of Beacon's team participated in the ABA's FSLC Midwinter Conference which was held at the Hilton Bayfront Hotel in San Diego, CA. In addition to co-hosting three great networking events during the conference, Beacon's President Dennis O'Neill was a co-presenter of two creative presentations focusing on challenges faced by Sureties, such as collecting and retaining contract balances which can help offset losses a Surety may incur when completing a construction project.

Dennis partnered with the creative team of Chris Brasco (Watt, Tieder, Hoffar &  Fitzgerald, LLP) and Kim Czap (Philadelphia Insurance). The team collaborated to put together two informative and humorous presentations. One presentation used a "Talk News Show" format to bring to life a fictional case history. Dennis also helped create and participated in a second presentation which used an “Escape Room” analogy to illustrate a Surety's quest to collect unused contract funds.

Beacon Consulting Group was excited to co-sponsor three great networking events during the ABA FSLC conference. On Thursday evening (January 17th), Beacon co-hosted a happy hour, dinner and night of live entertainment and networking at The San Diego Air & Space Museum in the city's historic Balboa Park. Guests enjoyed viewing the museum's collection of more than 65 historic aircraft and space vehicles, as well as other aviation artwork, models, and multimedia exhibits on display. It was truly a great night. Special thanks to our co-hosts for this event:

  • Dickie, McCamey & Chilcote, PC
  • Dreifuss Bonacci & Parker, PC
  • Dunlap Fiore, LLC
  • Jennings Haug Cunningham, LLP
  • Kerr, Russell and Weber, PLC
  • Matson Driscoll & Damico, LLP
  • Watt, Tieder, Hoffar & Fitzgerald LLP

The Air & Space Museum event was followed by an after-party at The Shout! House, where the live entertainment included “dueling pianos” and lots of laughs. Special thanks to the other sponsors of this event, especially Shields | Mott LLP and Simon Peragine Smith & Redfearn, LLP.

View Full Article & Photos from ABA Midwinter Meeting >




Beacon Staff Profile:
Janet Mosey (Medford, MA office)


For more than 11 years, Janet Mosey has been an important member of Beacon's team, helping to keep the company's operations running smoothly and efficiently. Janet is a pleasure to work with. Her great sense of humor, quick smile, patience, and calmness under pressure set an example for us all and help to keep Beacon’s company-wide morale high!

According to Dennis O'Neill, Beacon's founder and president, “Janet is the nucleus of our team. She is the one that not only me, but the whole company, can rely on for support on issues or when presenting information. With her friendly personality, she has become friends with many of our clients as well. She is an indispensable team player!”

Working out of Beacon’s Medford, MA office, Janet manages a number of Beacon’s internal accounting duties, such as handling payroll, invoicing, accounts payable, accounts receivable, financial record keeping, and maintaining client and vendor files. Janet also helps to prepare company-wide and project-specific financial reports as needed and works closely with Beacon’s outside accountants.

In addition to helping with financial and accounting-related functions, Janet takes a lead role in the administrative support of the Medford, MA, office—such as serving as Dennis O’Neill’s personal assistant and coordinating with outside service providers. Janet also helps with Beacon’s involvement in industry events, such as working with our partners to plan and/or support networking events at the ABA Midwinter meeting.

According to Janet, her favorite things about working at Beacon include: “The people...We are like a family. Many staff members have worked here for over 10 years, so we’ve had to chance to grow together as a company and all work well together. Plus, it’s great working with my brother (Jim Bruno, VP of Beacon’s New England region). Dennis [O’Neill] really cares about each of us and is very understanding if time is needed for our personal lives, whether it’s caring for a sick child or aging parents."

View Janet's Full Bio >



Beacon Selected For NYC
Construction Monitoring Project


Beacon Consulting Group, Inc. has been selected to provide construction monitoring services related to a new construction project underway in Manhattan. The new 22-story tower is being built in the NoMad section of New York City. NoMad refers to "North of Madison Square Park." Groundbreaking took place in January of 2019.

The new building is being developed by GDSNY (based in NYC) in partnership with Klövern, a Sweden-based real estate development and management company. When complete, the building will include 200,000 square feet of office space and 7,500 square feet of ground-floor retail space. The new building was designed by the firm Skidmore, Owings & Merrill (SOM). It is being constructed to meet LEED silver standards. Construction is expected to be completed at the end of 2020. For more information about the building, visit www.GDSNY.com.

Beacon has extensive experience providing construction monitoring services for banks and other stakeholders involved in construction project financing. Currently, Beacon is providing construction project monitoring services for several different new construction projects underway in New York City, including hotels, office towers, and residential buildings.




PAST NEWS


Happy Presidents' Day!
Monday, February 18, 2019


In observance of Presidents' Day, Beacon Consulting Group will be closed on Monday, Feb. 18th. While we are away, please enjoy some of these fun, lesser-known facts about George Washington and Presidents' Day.

  • The official designation of the Federal Holiday observed on the third Monday of February originally was, and still is today, Washington’s Birthday.

  • This day is a state holiday in most states, with official names including Washington's Birthday, Presidents' Day, President's Day, and Washington's and Lincoln's Birthday. Depending upon the state, the holiday might officially celebrate Washington alone, Washington and Lincoln (whose birthday is February 12), or some other combination of U.S. presidents.

  • In 1789, George Washington earned $25,000 as President of the U.S (2% of the total U.S. budget at the time). In current dollars, that would be more than $725,000! (source: Christian Science Monitor)

  • George Washington had no middle name.

  • George Washington wanted to join the Royal Navy (at age 14), but his mother would not let him. In September 1746, his half-brother Lawrence and his friend (Colonel William Fairfax), had a plan for 14-year-old George to join the Royal Navy by signing up as a midshipmen on a frigate anchored off the Virginia coast. His mother did not feel this was a good career and forbid George from joining the Navy. Thank you George's Mom!

  • Washington spent his early working years as a professional surveyor, learning the profession starting at age 16. During his life, Washington created approximately 199 land surveys.

  • Washington owned a Whiskey Distillery. It was located at Mount Vernon (his estate), opened in 1798 and was profitable. According to one source, it distilled more than 11,000 gallons a year in 1799 (making it one of the largest distilleries in the country at the time). A distillery has been reconstructed at Mt. Vernon and is open for public tours April through October.

  • Washington did not chop down a Cherry Tree. This myth has its origin in a made-up story found in an early (and inaccurate) biography about Washington (published after his death).

  • Washington was mostly self educated. When his father died in 1743, little money was left to fund the education of 11-year-old George. Therefore, Washington’s schooling ended by the time he was 15. However, his pursuit of knowledge continued throughout his life. He read many books in order to become a better soldier, farmer, and president.

  • George liked to get his groove on. According to historians, Washington loved entertainment, dancing and the company of others. There are accounts of his dancing late into the night at various balls, cotillions, and parties. He loved theater and attended plays of all kinds throughout his life.

  • Washington is reported to have had blue-gray eyes, stood 6' 2" tall and weighed approximately 200 lbs. He did not wear a "wig" but did powder his long hair (the style at the time).

  • Toothaches plagued Washington for years. When he was 57, he reportedly had the last of his teeth pulled. From then on, he wore ivory false teeth set in a silver plate. He did not have wooden teeth.

  • Washington suffered from many ailments during his life: diphtheria, tuberculosis, smallpox, dysentery, malaria, tonsillitis, carbuncle, pneumonia, and epiglottitis—among others.

  • Although Washington helped to plan our nation's capital city (Washington D.C.) and the White House, he never lived there. New York City and, later, Philadelphia were the nation's capitals while he was president.

  • John Adams, the second president of the U.S., was the firs president to live in the White House. The White House was still under construction when he and his wife Abigail moved in during November of 1800. At that time, it was the largest residential house in the U.S.

  • Washington owned more than 50,000 acres. Some historians believe that Washington was the richest president in American history. He owned land in the western portions of Virginia and what is now West Virginia, as well as in Maryland, Pennsylvania, New York, Kentucky, and the Ohio country.

    Sources for the fun facts above:
    (1) 25 Things You Probably Didn't Know About George Washington
    (2) Key Facts about George Washington
    (3) 7 Fun Facts About George Washington
    (4) 10 Things You Really Ought to Know about George Washington





Highlights & Photos from Beacon's
15th Anniversary Company Meeting


Each year in early December, members of Beacon's team gather in Boston for our annual company meeting and holiday dinner. This year, our meeting was held on December 7th at the Omni Parker House Hotel in downtown Boston. Following the meeting, our team celebrated with a delicious holiday dinner, live music, great company, some singing, and even a little dancing at Ristorante Fiore in Boston's North End.

Beacon's Annual Meeting is a great opportunity for us to review some of the lessons learned from projects we worked on throughout the year. It's also an important part of our company's planning process for the year ahead. This year's meeting was very special as we celebrated the completion of our 15th year in business, as well as 10-year anniversaries for five of our key staff members (Mike Kinahan, Karen Anderson, Janet Mosey, John Steele, and Dan Newcombe). Needless to say, bringing together our teams from different locations is always a pleasure and festivities continued late into the evening on Friday night!

One of the themes at this year's meeting was "Mitigating Risk for Performing Sureties." We had an interesting panel discussion focusing on this area, with two special guests—attorneys Todd Braggins, Esq. (Ernstrom & Dreste, LLP) and Jonathan Burwood, Esq. (Watt, Tieder, Hoffar & Fitzgerald LLP). Todd and Jonathan, both of whom are Surety and Construction law specialists, provided the legal perspective regarding what information and factors help performing Sureties to make better-informed decisions at the start of a bond claim, as well as during the construction project completion process. From Beacon's team, Dennis O'Neill, Jim Bruno, John Yeung, and Mike Kinahan participated in the discussion, providing the construction consultant's perspective. Special thanks to Todd and Jonathan for taking the time out of their busy schedules to join us!

Click Here For More Info & Photos from Beacon's Annual Meeting >



Go To News Archives (2018 & Earlier) »

 

Beacon Consulting Group, Inc. thrives on a good challenge. Our expert team has a proven track record of success taking on the most complex Construction Management and Surety Consulting assignments possible.

Copyright © 2009-2018 Beacon Consulting Group, Inc.