Construction projects can become "distressed" for a wide range of issues. Regardless of the root cause, the stakes are high for all parties involved. Surety companies, in particular, must often step in to ensure the project is completed as required under the terms of a surety bond. Successfully turning around a distressed construction project requires expertise, clear communication, and a structured approach. In this article, Beacon's John Yeung shares ten key tips for assessing and managing the turnaround of a troubled construction project...
John Richmond joined Beacon eight years ago and is currently based in Beacon's Medford, MA office. John has extensive experience providing a wide range of services to Beacon's clients, including cost-to-complete assessments, review of payment requisitions, review of change orders, analysis of schedule delay claims, construction defects assessments, and managing/monitoring operations on construction sites. We caught up with John recently to learn more about him. Read on for John's full staff profile...
Happy Independence Day! On behalf of everyone here at Beacon Consulting Group, I hope you have a fun and relaxing 4th of July weekend!...
Dennis O'Neill, Beacon's President & Founder, and Sr. Project Manager Elizabeth Paquet presented at this year's Intact Surety Claims Conference. The event was held in Chicago (May 15-16, 2024) and was attended by leadership and staff members from Intact Surety's U.S. and Canada offices, as well as invited guests and consulting partners. Beacon's presentation was focused mainly on construction technology, but also provided an interesting and informative overview of current statistics and trends in the construction industry...
Guido Morfesi joined Beacon's Construction Consulting team in the fall of 2022. Since that time, Guido has been providing project management and construction consulting services for Beacon's clients at multiple projects around the country. Although he is based in Florida, Guido also played a lead role on an important Beacon project located in Ohio through 2023. We caught up with Guido this week to learn more about his background.
Question: When did you start working as a Consultant with Beacon?
Guido: It will be 2 years in the Fall. The first project I worked on was located in Cinncinnati, OH...
Happy Memorial Day! It's a great weekend to take a breather and spend time with family and friends. We also want to honor and remember all the brave men and women of the U.S. Armed Forces who lost their lives while serving our country. Their service and sacrifice should never be forgotten. On behalf of everyone here at Beacon Consulting Group, I hope you have a fun and relaxing holiday weekend...
It's such a great time of year as the flowers and trees start to bloom and warmer, sunnier days fuel the annual "rebirth" of all things that grow (including us)! On behalf of everyone here at Beacon Consulting Group, I'd like to wish you the very best for the Spring Season and the year ahead.
Best Regards, Dennis O'Neill &
The Beacon Consulting Group Team
I hope your March is going well! I would like to lead off this month by saying congratulations to Kieran O'Connor, who heads up Beacon's Florida office, and his wonderful wife Erin. The couple welcomed their first baby in late February, Rory Joseph O'Connor. Both Erin and young Rory are doing well! In other staff news, please check out this month's Beacon E-news for a staff profile of Jim Lynch. Jim is a young project engineer who hails from County Kerry Ireland, the same county in Southwest Ireland where my parents grew up. Jim is a hard-working, talented young guy. We are happy to have him onboard...
Jim Lynch recently joined Beacon's team as a Project Engineer Trainee. Jim comes to us from Ireland and will be working for Beacon for at least the next year under the U.S. government's J-1 Visa Exchange program. Beacon has long been an employer partner for the J-1 program, which gives young engineers (and other recent grads from outside the U.S.) the opportunity to gain experience working for a U.S. company. The J-1 program also has many other categories (beside graduate trainees), such as camp counselors, au pairs, students, seasonal workers, physicians, teachers, professors, etc...
This message marks the rare calendar date which comes every 4 years (leap year) - February 29th. I had to use Google to remember why we have leap year, but it's because the earth actually takes 365 days and 6 hours to orbit the sun (not exactly 365 days). That extra quarter of a day has to get accounted for somewhere. So every four years, we add 24 hours (four times six hours) to the calendar at the end of February. It's pretty impressive that ancient civilizations as far back as the Roman Empire (45 BC) had figured out the need for that extra day every 4 years!
Speaking of important calendar dates, March 3rd is coming up next week. This year, March 3rd marks Beacon's 21st anniversary in business. It's incredible how fast 21 years has flown by...
