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Beacon Staff Profile: Monica Xiao, Project Engineer

Monica Xiao is a Project Engineer working from Beacon's Medford, MA office. She joined Beacon full time in the summer of 2025. Previously, Monica worked as an Engineering Co-op / Project Engineering Intern at Beacon starting in 2023 (as part of Northeastern University's Co-op Program). With this program, students work in their chosen field for 6-8 months as part of their formal education. Monica's diligence, follow through, and attention to detail have made her a valuable member of our team. We caught up with Monica recently to learn more...

President's Message, August 2025

I hope you've had a wonderful summer. It’s hard to believe that Labor Day weekend is already here! This summer has been a busy one for everyone here at Beacon. We have taken on some incredible new projects in recent months that we’re truly excited about. We have also welcomed several talented new staff members in both our New York and Boston offices. We’re thrilled to see our team and our work continuing to grow. On a personal note, one of the highlights of my summer was traveling to Ireland in early July with my son Rory, who recently graduated high school and is now off to college. Along with other family members and friends, Rory and I participated in the 2025 Ring of Kerry Charity Cycle. It was an unforgettable experience...

Beacon Team Members & Friends Complete 2025 Ring of Kerry Charity Cycle in Southwest Ireland

Dennis O'Neill, along with his son Rory, brother John, Beacon VP Kieran O'Connor, and a number of other great friends and family members, completed the 105-mile Ring of Kerry Charity Cycle in early July. This was Dennis' second time participating in the iconic cycling event, having previously completed the ride in 2023, along with his daughter Jackie, his brother John, and a group of 30 other close friends and family. This year's event was a special one, as Rory O'Neill, a 2025 high school graduate (and the youngest of Dennis' children) is now leaving for his first year at college...

Eight Key Benefits of Beacon's Construction Loan Monitoring Services

By Michael Yeung, Surety & Construction Project Consultant
For more than two decades, Beacon Consulting Group, Inc. has been a trusted partner for banks and financial institutions in managing construction loan risk. Our Construction Loan Monitoring services provide lenders with peace of mind, helping ensure that loan proceeds are disbursed appropriately, projects remain on schedule, and potential issues are identified early. Because our team is highly experienced in contract and document review, on-site verification, project communications, and ongoing monitoring, Beacon helps safeguard our clients' investments from project groundbreaking through completion...

Dennis O'Neill to Co-Chair 2025 Pearlman Conference, Sept 3-5 (Woodinville, WA)

Beacon Consulting Group's President, Dennis O'Neill, is co-chairing the 2025 Pearlman Conference next week (Sept 3-5), along with Jennifer Fiore (Dunlap Fiore LLC) & Shauna Szczechowicz (Philadelphia Insurance Companies). This is the 31st Annual Pearlman Conference, a leading industry event for professionals working in the Surety and Surety Claims sector. Beacon Consulting Group, Inc. is proud to be a sustaining member of The Pearlman Association again this year...

President's Message, July 2025

It's been a hot summer here in the Boston area. We recently hit triple digits again—our second 100°F day of the season! I hope you're staying cool and finding time to enjoy some well-earned summer vacation. This month’s edition of Beacon’s E-News highlights two particularly interesting project profiles:

(1) Montreal Tunnel Renovation (Canada). Beacon is playing a key role in a major tunnel renovation project. The Ville-Marie Tunnel, which supports over 115,000 vehicles daily, is a vital part of the city’s highway network. Our team has been consulting on and monitoring a critical component of the renovation: the performance testing and delivery of advanced jet air fans. These high-powered fans will be strategically installed along the tunnel to ensure proper airflow and exhaust gas removal. John Richmond, with support from other Beacon team members, has been leading this important effort.

(2) Solar Energy Fields (Upstate New York). South of the border in Upstate New York, Beacon is providing construction consulting services for the completion of seven separate solar energy fields. We were brought in by a leading surety after the default and termination of a key electrical contractor on the projects. Our team brings deep experience in solar energy work, including recent assignments in Massachusetts and Orange County, NY. This project is being led by John Yeung and Myat Cyn from our New York office.

President's Message, May 2025

I hope you had an enjoyable Memorial Day weekend! As we head into the summer season, Beacon’s team is actively engaged in interesting assignments across the U.S. This month’s edition of Beacon’s E-News features valuable insights from our staff. John Richmond and Marcus Lehner outline the critical steps to take when asbestos-containing materials are discovered during renovation or demolition—an issue that can significantly affect project timelines and regulatory compliance. We also feature a practical guide by John Yeung, who shares 50+ essential construction industry terms—an excellent resource for brushing up on technical language...

Construction Terms Demystified: 50+ Essential Terms for Newcomers & Industry Stakeholders

By John Yeung, Vice President, Beacon Consulting Group, Inc. Whether you’re new to the construction industry, a professional from a related field (surety claims, insurance, law, or finance), or an owner looking to better understand your project, this glossary breaks down over 50 of the most commonly used — and sometimes misunderstood — construction terms. From contracts to job-site lingo, this is your go-to cheat sheet...

Navigating Unexpected Asbestos: Essential Steps for Contractors in Renovation and Demolition


By John Richmond, Sr. Consultant, and Marcus Lehner, Project Manager, Beacon Consulting Group, Inc. Renovation and demolition projects are complex by nature — with layers of risk, shifting timelines, and evolving site conditions. But few surprises halt momentum quite like the unexpected discovery of asbestos. When this hazardous material shows up mid-project, everything from schedules to budgets — and most importantly, safety — is suddenly at stake...