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...
Beacon was retained by a leading Surety to evaluate a number payment bond claims related to a number of projects under a General Contractor in Ohio. Beacon evaluated and analyzed the merits of over 160 payment bond claims from subcontractors and vendors across over 20 different projects, totaling over $15 Million dollars. Beacon prepared an analysis summary, obtained verification from the General Contractor, and prepared recommendations and releases for each bond claim. Beacon managed and coordinated payments directly to claimants from an escrow account. Additionally, Beacon worked directly with claimants to obtain necessary close-out documentation and to resolve punchlist items or defective work related to those bond claims. We also worked with subcontractors and vendors to close out their remaining contract balance in cases where the claim did not cover the full amount...
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...
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...
Happy Memorial Day Weekend! 🎉 As we celebrate Memorial Day this weekend, let’s honor and remember the brave men and women of the U.S. Armed Forces who made the ultimate sacrifice for our country. Their courage and dedication are an inspiration, and we are forever grateful for their service. From all of us at Beacon Consulting Group, I hope your weekend is filled with fun, relaxation, and everything you enjoy most!
Happy Spring! I hope the season is off to a great start for you. Please check out this month’s edition of the Beacon E-News for the latest updates on our team, construction consulting project highlights, and industry news. This month, we are pleased to feature Janet Mosey in our staff spotlight. For more than 17 years, Janet has been a vital part of Beacon’s success, playing an essential role in managing our bookkeeping and financial systems. Beyond her financial acumen, she is also deeply involved in supporting our operational and administrative functions. But perhaps what stands out most is Janet's warm personality and fantastic sense of humor. She brings an energy that truly helps make Beacon a great place to work. We are very fortunate to have her on our team...
Beacon Consulting Group is often hired by leading insurance companies, building owners, developers, and law firms to investigate the root cause(s) of water intrusion and the resulting damage in buildings, private homes, and other types of structures. After years of assessing issues related to roofs, siding, windows, and other components of a building’s "envelope," Beacon has identified 10 common issues that frequently lead to water intrusion. This article highlights these issues, explains how Beacon approaches construction defect investigations, and discusses the common reasons for water infiltration problems...
Beacon Consulting Group was retained by a leading Surety company to help monitor and ensure the completion of a number of electrical projects on Long Island, NY. Beacon’s team was called into action by the Surety when a bonded electrical subcontractor was in jeopardy of not being able to complete several large contracts in Nassau County, NY, including large electrical contracting projects at several municipal water treatment facilities...
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...
In 2024, Beacon was retained by a leading surety company to provide construction consulting services for the completion of a 350,000-square-foot military facility in Newport News, VA. Beacon was brought on to assist with project completion work related to the surety’s bonded subcontractor, which was supplying and installing metal wall panels, translucent panels, louvers, and aluminum composite materials. The facility includes a large operations building and two massive aircraft hangars (one for rotary-wing aircraft and one for fixed-wing aircraft)...