Building with cold-formed steel framing (CFS) systems can lead to significant savings, making CFS a cost-effective building material. Try to determine the cost savings in these three real-life case studies.
Where Could You Save With Cold-Formed Steel Framing?
Cold-formed steel framing systems (CFS) offer many cost advantages. But exactly how much could you save by using CFS framing? See if you can guess the savings in three real-life scenarios.
During construction of a credit union’s headquarters
, the contractor learned that if he moved forward with wood trusses, he would need to install fire sprinklers.
Correct: In this project, avoiding fire sprinklers with CFS trusses saved $40,000.
Correct: In this project, the same coverage with cold-formed steel framing cost $360,000, resulting in savings of $1.3 million.
Correct: Because he could begin collecting rent payments earlier than expected, the developer in this project earned an additional $100,000.
In what areas could you be saving?
The builder of a four-story, 190-unit condominium was able to save $300,000 in general liability insurance premiums and $100,000 in builders risk insurance by using CFS instead of concrete.
In the construction of a hospital, the use of panelized CFS framing reduced the number of carpentry man-hours by 30 to 40 percent.
When constructing a credit union’s new headquarters, the use of CFS allowed the project to be completed five to six weeks early, saving nearly 40 percent on labor.
In comparing total cost of construction for a six-story building between steel and cast-in-place concrete, there was a difference in savings of $7.50 per square foot in favor of steel.
Steel framing’s strength-to-weight ratio significantly exceeds that of concrete. Strong and relatively lightweight, CFS systems reduce a building’s total load which, in turn, allows the owner to reduce costs beginning at the foundation.
Since wood-framed buildings are highly susceptible to fire during the construction phase, many Canadian jurisdictions now mandate security measures including sprinklers, standpipes, after-hours lighting, and security guards — adding many unexpected costs.
CFS framing has a proven track record of providing cost-effective benefits for mid-rise buildings. Steel is resilient, adaptable and durable, which reduces life cycle costs.
Material choice can impact your costs significantly over the entire construction cycle.
Learn more about these projects and ways to use cold-formed steel framing to lower construction costs by downloading our eBook, “Building Within Budget: Ideas for Shaving Months and Dollars Off Your Next Construction Project.”
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Incorrect: In this project, avoiding fire sprinklers with CFS trusses saved $40,000.
Incorrect: In this project, the same coverage with cold-formed steel framing cost $360,000, resulting in savings of $1.3 million.
Incorrect: Because he could begin collecting rent payments earlier than expected, the developer in this project earned an additional $100,000.