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Dan Newcombe is a seasoned construction professional with more than 30 years of experience on domestic and international projects including commercial, institutional, educational, financial, and residential construction assignments.
Beacon Consulting Group, Inc. provides valuable consulting services to banks, developers, real estate investment trusts and other parties involved in the financing of construction projects. This article focuses on one specific service: Document & Cost Review (DCR). Financial institutions and other entities who finance (or directly invest in) construction projects must mitigate their risks by doing a thorough up-front feasibility review before approving a construction loan or investment, using a trusted and experienced consulting partner, such as Beacon Consulting Group. Beacon’s DCR consulting services normally start with a review and analysis of the following information: The developer’s cost estimates, project and site plans, and other documents that can be evaluated in advance of a bank issuing a loan or an investor committing funds.
The Irish Echo's 2015 Small Business Awards honor entrepreneurs and business leaders who form the backbone of the American economy. Every year, the newspaper recognizes companies or individuals who have displayed entrepreneurial excellence and traditional Irish-American determination to make their businesses succeed. The award recognizes start-ups, as well as fast-growing companies driving the economy forward. The honorees all have in common a belief that “the customer comes first,” as well as pride in their Irish heritage. The award ceremony was held in New York City in May. Dennis O'Neill was recognized, along with a number of other honorees.
Beacon Consulting Group, Inc. recently played a key role in helping a general contractor defend a “breach-of-contract” case where an electrical subcontractor was trying to hold the GC liable for more than $500K in alleged inefficiency, cost overruns incurred by the subcontractor. The subcontractor sued the general contractor in Federal Court.
Beacon Consulting Group, Inc. provides valuable consulting services to banks, developers, real estate investment trusts and other parties involved in the financing of construction projects. This article focuses on one specific service: Document & Cost Review (DCR). Financial institutions and other entities who finance (or directly invest in) construction projects must mitigate their risks by doing a thorough up-front feasibility review before approving a construction loan or investment, using a trusted and experienced consulting partner, such as Beacon Consulting Group. Beacon’s DCR consulting services normally start with a review and analysis of the following information: The developer’s cost estimates, project and site plans, and other documents that can be evaluated in advance of a bank issuing a loan or an investor committing funds.
Jim Bruno is Vice President at Beacon Consulting Group, Inc. Jim just celebrated his 10th anniversary at Beacon, where he has served our clients as a Senior Surety Consultant & Construction Project Manager since 2005. He is a seasoned construction professional with 25 years of experience in construction management and consulting, working on projects ranging from $5M to $421M.
Beacon Consulting Group is working on another construction consulting project at the U.S. Military Academy (USMA) campus (West Point, NY). Beacon has already been providing construction consulting / surety consulting services related to a 51,000 sq. ft. addition to the Keller Army Community Hospital at USMA.