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...
The Croton Above Ground Structure & Landscaping Project is an $83-million construction project currently in the completion process in Van Cortlandt Park in the Bronx, NY. Located next to the Mosholu Golf Course, the project is the fourth and final phase of a larger construction project. The scope of work includes: (1) A new golf clubhouse; (2) A driving range with 55 tee boxes; (3) Waste management; (4) Water filtration; (5) Site work & landscaping. Beacon was retained by a leading Surety to provide all of the following construction consulting services on the 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!...
I hope had a great Memorial Day Weekend! The Spring season is flying by. This time of year is extremely busy in the construction industry. In the northern parts of the U.S., work on exterior construction, roadways, and other civil projects accelerates along with the longer days and warmer temperatures. Beacon's team is currently working on a wide range of construction projects across the U.S.
On the east coast, we are consulting on projects from New England to Florida, including several large skyscrapers being built in New York City and an important civil / site work project underway at a U.S. Military Base in Jacksonville, FL (see Beacon's May E-news). In Texas, we are consulting on an apartment complex in San Antonio and a concrete project underway in Dallas. As always, we are also working on a diverse range of assignments for our clients, including Surety Claims Consulting, Funds Control, Construction Loan Monitoring, and Construction Defects Consulting...
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...
Beacon was recently retained by a leading Surety company to provide construction consulting and construction management services related to an ongoing construction project at a United States Marines facility located on Blount Island (in Jacksonville, FL). Beacon has a long track record of working on military bases across the U.S., as well as at the U.S. Military Academy at West Point, NY. The Blount Island Marine Corps Support Facility is one of the United States' newer military installations, but plays a crucial role in global security. Specifically designed for maintenance operations concerning maritime ships utilized by the U.S. Military for rapid deployment and the positioning of Marine troops globally...
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
