Learn the benefits modular can provide to new and growing charter schools, including both temporary and permanent buildings. Also view case studies and financing options provided by Innovative Modular Solutions.
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Modular Solutions: When and Why Should Charter Schools Consider It?
1. Innovative Modular Solutions | www.innovativemodular.com
Modular Solutions
When and why should charter schools consider it
2. Innovative Modular Solutions | www.innovativemodular.com
About Innovative Modular Solutions
Founded in 1999
o Licensed general contractor / commercial modular contractor
o Prime or specialty contractor, offering design-build services
o Temporary and permanent projects of 400 to 100,000 square feet
Team of industry veterans with diverse, complementary skills
Construction management
Factory production, Quality Control
General 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).
4. 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.
5. Innovative Modular Solutions | www.innovativemodular.com
Benefits of Modular Construction
Speed: On Time, Accelerated Construction Schedule
o Concurrent site preparation and modular component fabrication
o Reduced weather delays
o Works well in areas where the construction season is short
o Reduced job site ‘chaos’ – limited deliveries, limited disruption
Flexibility: Project Team Defines Design and Finish
o Design of building as well as makeup of design team
o Portability responds to changes in user demographics
o Variety of financing options available
Cost: Controlled Budget Process
o Replicable, standardized
• Few change orders
• Improved quality
o Costs typically less than conventional construction
6. 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 Envelope
o Efficient HVAC design
o High insulation levels
7. Innovative Modular Solutions | www.innovativemodular.com
CONVENTIONAL—SITE
BUILT
CONSTRUCTION
PRE-ENGINEERED
CONSTRUCTION
Project Site
Deliver
Cut
Prepare
Assemble
Piece by Piece
Raw Material Inputs
Manufacturing Facility
Deliver
Cut, Prepare
Ship
Building Element Outputs
Project Site
Deliver
Assemble
Piece by Piece
RelativeTimeScale
Longest Delivery Cycle
MODULAR
CONSTRUCTION
Manufacturing Facility
Deliver
Cut, Prepare
Assemble
Ship
Building Component
Outputs
Project Site
Deliver, Assemble
Component by Component
Shortest Delivery Cycle
Raw Material Inputs Raw Material Inputs
Construction Process:
8. 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
9. 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 Floor
o Future Upgrade to Finishes
Phased Construction Offers Flexibility
14. Innovative Modular Solutions | www.innovativemodular.com
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
16. 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
22. Innovative Modular Solutions | www.innovativemodular.com
Modular building quality and design has improved significantly
Accelerated
o Concurrent construction = shorter schedule
Cost effective
o Factory costs are controlled, will maintain value if properly designed, built, and
maintained
Flexible
o Design and finish
Sustainable
o Energy efficient, less disruption
Financing
o Several options available
Summary