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 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...
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.
Beacon Consulting Group, Inc. was retained to monitor and witness the testing of a prototype Jet Fan (and the production of a series of fans) for The Ville-Marie Tunnel of Highway 720 in Montreal, Canada. The Ville-Marie Tunnel, used by more than 115,000 vehicles every day (on average), is a vital part of the city’s highway network. Our team has been consulting on and monitoring a critical component of the refurbishment project: 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...
Beacon has been retained by a leading surety company to provide Construction Consulting and Surety Claims Consulting services for seven solar energy projects currently under development in New York State. The engagement follows the default and subsequent termination of the lead electrical contractor overseeing all the projects. In response, the surety turned to Beacon to support a wide range of critical services...
In late June, the Surety Claims Institute (SCI) held its 50th Anniversary Meeting at the The Equinox Golf Resort & Spa in Manchester Village, Vermont. Beacon's President, Dennis O’Neill, along with VPs John Yeung and Jim Bruno, represented Beacon at this milestone meeting. The conference drew an impressive turnout of top professionals from across the country and across the surety industry. The beautiful New England location was the ideal backdrop for networking, learning, and collaboration. Dennis O’Neill was a featured speaker on the conference's first expert panel titled "50 Years of Change"...
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 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...
