As February comes to a close, I want to take a moment to reflect on what’s been a busy and productive start to the year. Next Monday, March 3rd, marks Beacon’s 22nd anniversary—a milestone made possible by our incredible team and valued clients. I'm truly thankful for the great work our growing team is doing for our clients across the U.S. Check out this month's Beacon E-news for some highlights...
Mike Yeung is a key member of Beacon Consulting Group’s New York City construction consulting team. Since joining Beacon in early 2019, Mike has become an essential contributor, supporting Project Managers and Engineers across a wide range of construction consulting assignments. Mike holds an MBA in Finance and Accounting from Regis University and a Bachelor of Science in Finance and International Business from Temple University. Over the past six years, Mike has worked closely with Beacon’s Project Management leadership team, gaining invaluable first-hand experience in analyzing construction projects—both from a financial perspective and through the lens of project management oversight...
When a construction project runs into serious trouble, Surety companies are often called upon to step in. As a construction consulting firm specializing in turning around troubled projects on behalf of Surety companies and project owners, we’ve seen firsthand the most common reasons why projects fail and, more importantly, how to get them back on track. In this article, we review five common root causes of construction project failures and some strategies to address them...
Happy New Year! I hope 2025 is off to a strong start for you.
Earlier this month, several members of the Beacon Consulting Group team had the privilege of attending the 2025 Midwinter Meeting of the ABA's Fidelity & Surety Law Committee (FSLC) in Austin, Texas (held January 15-17). As always, the FSLC Midwinter Meeting was an exceptional event filled with valuable insights from industry leaders, great presentations, panel discussions, and plenty of opportunities to connect with our clients, friends, and partners. Beacon was proud to co-sponsor a couple of fantastic events during the conference, including our now-famous Irish Lunch on the final day...
Securing a construction site is critical to ensuring the safety of personnel, protecting valuable assets, and maintaining project timelines. Construction sites are often vulnerable to theft, vandalism, and unauthorized access due to their temporary nature and the presence of expensive equipment and materials. As construction consultants, we recognize that a comprehensive security strategy is an important part of a successful project management plan...
Patrick Nolan joined Beacon Consulting Group's New York City office in November 2024 as a Project Engineer. Originally from Ireland, Patrick has a strong background in mechanical engineering and a passion for problem-solving. We recently caught up with Patrick to learn more about him. Please click below to see Patrick's full staff profile...
From everyone here at Beacon Consulting Group, Inc.
Happy Holidays!
Best Wishes for the Holiday Season,
Dennis O'Neill &
The Beacon Consulting Team
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!...