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cost saving

The tables below compare a typical traditionally constructed, high quality apartment scheme constructed with the MC First 'modular procurement' route.

7% cost Saved

50% time saved

Final cost £1190m2
 
typical project, traditional
typical project, modular
Substructure
£2,030,729
Superstructure
£3,303,693
Finishes
£1,434,505
Mechanical electrical
£1,697,000
External Works
£400,000
   
NET CONSTRUCTION COSTS
£8,865,927
preliminaries / fees / ohp £1,632,823
   
GROSS CONSTRUCTION COSTS
£10,498,750
Module Costs

-------
Design and other consultant fees £1,049,770
Total Design and build price £11,548,520
Substructure £2,030,729
Superstructure
 £1,704,180
Finishes inc modules
Mechanical electrical inc modules
External Works £400,000
   
NET CONSTRUCTION COSTS £4,134,909
preliminaries / fees / ohp £814,813
   
GROSS CONSTRUCTION COSTS £4,949,722
Module Costs £5,346,459
Design and other consultant fees £524,885
Total Design and build price
£10,821,066
time saving  
Development Program Saving on a typical 111 bed hotel.
Site Identified

72 weeks

  
                                                                               
Design team appointment
 
Tender design
 
Traditional cost plan
   
Tender period
   
Contract negotiation
   
Design Traditional
   
Planning Approval
   
Traditional construction
   
Snagging and commissioning
   

Project program based on modular format - 42 weeks:
Site Identified

42 weeks

  
                                                                               
Modular cost certainty
 
Design site specific items
 
Planning approval
   
Order places modular
   
Modular construction period
   
Snagging and commissioning
   
     

40% time saving
 
 
 
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