modular solutions: when and why should charter schools consider it?
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Innovative Modular Solutions | www.innovativemodular.com
Modular SolutionsWhen and why should charter schools consider it
Innovative Modular Solutions | www.innovativemodular.com
About Innovative Modular Solutions Founded in 1999o Licensed general contractor / commercial modular contractoro Prime or specialty contractor, offering design-build serviceso Temporary and permanent projects of 400 to 100,000 square feet
Team of industry veterans with diverse, complementary skillsConstruction managementFactory production, Quality ControlGeneral contracting Operations and Logistics Sales and Service management
All employees are CPR and first-aid trained.
All field workers are OSHA certified (10 or 30 hour).
Innovative Modular Solutions | www.innovativemodular.com
IMS Offers Accelerated Construction Technology
Innovative Modular Solutions | www.innovativemodular.com
Modular Construction Overview Modular solutions provide an alternative method of construction. Building components are manufactured in a controlled factory environment to the same
building codes as conventional construction, using the same materials. Partially finished components are transported to the project site, assembled and finished. Modular buildings can be one, two or more stories. Modular buildings can be temporary, semi-permanent or permanent. Modular construction can be easily incorporated with other types of construction to
capitalize on the advantages that each has to offer.
Innovative Modular Solutions | www.innovativemodular.com
Benefits of Modular Construction Speed: On Time, Accelerated Construction Scheduleo Concurrent site preparation and modular component fabricationo Reduced weather delayso Works well in areas where the construction season is shorto Reduced job site ‘chaos’ – limited deliveries, limited disruption
Flexibility: Project Team Defines Design and Finisho Design of building as well as makeup of design teamo Portability responds to changes in user demographicso Variety of financing options available
Cost: Controlled Budget Processo Replicable, standardized
• Few change orders • Improved quality
o Costs typically less than conventional construction
Innovative Modular Solutions | www.innovativemodular.com
Modular = Green Inherently green – contributes to sustainable building initiatives Limits site disturbance Minimizes waste onsite due to factory construction and recycling Eliminates environmental factors that affect building materials Reduces overall construction time Simplifies relocation and reuse of buildings Saves energy through o Tighter Building Envelopeo Efficient HVAC designo High insulation levels
Innovative Modular Solutions | www.innovativemodular.com
CONVENTIONAL—SITE BUILT
CONSTRUCTION
PRE-ENGINEERED CONSTRUCTION
Project SiteDeliver
CutPrepare
Assemble Piece by Piece
Raw Material Inputs
Manufacturing FacilityDeliver
Cut, PrepareShip
Building Element Outputs
Project SiteDeliver
Assemble Piece by Piece
Relative Tim
e Scale
Longest Delivery Cycle
MODULAR CONSTRUCTION
Manufacturing FacilityDeliver
Cut, Prepare Assemble
Ship
Building Component Outputs
Project SiteDeliver, Assemble
Component by Component
Shortest Delivery Cycle
Raw Material Inputs Raw Material Inputs
Construction Process:
Innovative Modular Solutions | www.innovativemodular.com
Hybrid Construction is a Combination of Modular and Conventional, Pre-Engineered, or another Method of Construction
o Common for Large Projects
o Allows the Project to take Advantage of the Benefits of Different Methods
o High Ceiling, Long Span Spaces can be Conventional or Pre-Engineered
o Repetitive Spaces (Classrooms, Restrooms, Offices) can be Modular
o Concurrent Construction - Preplanning Allows Modular Components to be Built Off-Site While Site Preparation Activities (Grading, Foundations, Utilities, etc.) are completed on site
About Hybrid Construction
Innovative Modular Solutions | www.innovativemodular.com
Existing BuildingAddition Addition
Future Building
Modular Construction easily accommodates Phased Construction o Future Additions (Horizontal)o Future Additions (Vertical) – Add a Second Flooro Future Upgrade to Finishes
Phased Construction Offers Flexibility
Innovative Modular Solutions | www.innovativemodular.com
Types of Modular Construction Used at Charter Schools
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Temporary and Semi-Permanent Construction
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Permanent Modular Construction
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Custom Floorplans
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The Project Team should review all material selections and
specifications
Selections are easily customized to suit budgetary requirements and
aesthetic needs
Selections include most options available in conventional construction
Material Selection drives the cost of any construction project
Customers should use and specify ‘commercial grade’ materials
Material Selection
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Financing Options
Innovative Modular Solutions | www.innovativemodular.com
Financing Options
Operating Lease – IMS retains ownership of the asset and the user to returns the building at the end of the lease.
Capital Lease –IMS transfers ownership to the lessee at the end of the lease upon execution of a predetermined purchase option
Finance Lease – User maintains ownership upon full payment of all applicable cost, monthly payments and finance charges.
Gap Funding / Bridge loans – IMS can provide interim funding particularly for Charter Schools
Bond Financing
Considered a Depreciable Asset, Modular Buildings allow for more flexible financing
Innovative Modular Solutions | www.innovativemodular.com
Case Studies
Innovative Modular Solutions | www.innovativemodular.com
Jalen Rose Leadership Academy, Detroit, MI
Innovative Modular Solutions | www.innovativemodular.com
Innovative Modular Solutions | www.innovativemodular.com
Old Redford Academy, Detroit, MI
Innovative Modular Solutions | www.innovativemodular.com
Dubois Integrity Academy, Atlanta, GA
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Modular building quality and design has improved significantly Acceleratedo Concurrent construction = shorter schedule
Cost effectiveo Factory costs are controlled, will maintain value if properly designed, built, and
maintained Flexibleo Design and finish
Sustainableo Energy efficient, less disruption
Financingo Several options available
Summary
Innovative Modular Solutions | www.innovativemodular.com
www.innovativemodular.com