Off-site construction is utilized in a more efficient timeline compared to traditional construction. A parallel production schedule is used to reduce approximately 60-90% of the building construction activity from the site location. On average, a customer can receive a finished product 30-50% sooner than traditional construction and experience an overall cost reduction on their project.
Off-site construction allows for fewer disturbances on-site and an increase in overall safety for the employees working on the project. This is a great advantage for schools, hospitals, or other active businesses that need to reduce on-site activity and noise at on-site locations.
When constructing in a controlled environment, waste is reduced by up to 90% using exact material amounts, controlling inventory items, and recycling materials. Extra cost and truck trips are also reduced by ordering items in bulk and storing these items in a warehouse to prevent damage or corrosion. Furthermore, excess materials from one project can be re-purposed or used on other buildings, instead of being thrown away at the end of a project.
There is virtually no limit to what one can build at an off-site construction facility. Modules can be built to match the exterior of existing buildings and built to withstand the same environmental constraints equal to traditional site-built construction.
Quality and Durability
Off-site construction uses the same materials and designs to the same codes and standards as traditional construction. In addition, prefabricated buildings are built stronger than most conventional constructed structures because each module is over-engineered to handle road delivery and crane lifts. Precision and quality are also maximized due to the specialized production line where all materials are kept inside, eliminating the potential for moisture to accumulate in the construction material.
Prefabricated buildings can serve as a temporary or permanent space. If you need a portable building, a temporary factory built building can later be taken apart, transported, and reassembled at a different location. This can prove to be a sound investment since you only have to pay the initial construction cost once. Additionally, the construction of a module building does not have to stop due to bad weather. Working inside a factory setting as opposed to the outdoors allows projects to stay on schedule and budget.
Tax Benefit and Depreciation
Factory built buildings have a more favorable depreciation schedule which can lead to tax savings. While traditional building costs are generally amortized over 35 years, factory built buildings can be on an accelerated depreciation schedule of 7 to12 years. Since you can depreciate your building faster, you can recuperate your cost sooner, therefore saving money. The tax benefit is particularly beneficial to schools during government and state funding season.
The accumulating benefits of off-site construction ultimately result in more money back in your pocket. Less time on-site means the cost of paying for prevailing wages and the tax-payer burden is minimized. Building in a controlled environment presents you with a quality and durable building. The turnaround speed in which factory built buildings are constructed, delivered, and set up allows you to be up and running faster.