SIPA TrueCost Calculator Project InformationPlease provide the following information.Your InformationName *Email Address *Company NameProject InformationProject NameBuilderSIP ProviderSales RepPROJECT DASHBOARD: {text-1}Cost Comparison$SIPs Improved User Experience$Value of Time Saved$Total SIPs Savings + Value$Cost AssumptionsThe following are assumptions the calculator uses to estimate cost savings. Not every project is the same, however, and you may want to adjust the assumptions to your individual situation. Please feel free to replace any of the numbers contained in the assumptions below to see a more specific cost savings estimate.Carrying CostsCarrying Cost Per Day of Construction (USD)USDSource: Cost of Quality, Glenn Cottrell w/IBACOS - $500 - $800/day.Percent of cost savings with SIPSPercent cost savings installing drywall with SIPs (%)Enter as a percentage of total home cost.Percent cost savings installing cabinets with SIPs (%)Enter as a percentage of total home cost.Percent cost savings installing trim with SIPs (%)Enter as a percentage of total home cost.Dumpster CostsFraming Waste in # Dumpsters Per 1,000 Sq. ft.Source: Cost of Quality, Glenn Cottrell w/IBACOS - $500 - $800/day.SIPs Waste in # Dumpsters Per 1,000 Sq. ft.Source: SIPA EstimatCost Per Dumpster (USD)USDSource: Cost of Quality, Glenn Cottrell w/IBACOS - $500 - $800/day.MEP Costs including HVAC, Electric and PlumbingCost of Schematics for Optimizing MEP with SIPs (USD)USDHVAC Cost Difference for SIPs vs. Conventional Framing (USD)USDEnter a Cost from Builder.Electric Cost Difference for SIPs vs. Conventional Framing (USD)USDEnter a Cost from Builder.Plumbing Cost Difference for SIPs vs. Conventional Framing (USD)USDEnter Building CostTraining CostsTraining Cost with Framing (% of Home Base Price)Enter as percent of total home price.SIPs % Training Cost Savings Compared to Conventional FramingEnter as the percentage you expect to save over the cost of training with traditional framing.Inspection CostsInspection Cost with Framing (% of Home Base Price)Enter as a percentage of total home price.SIPs % Inspection Cost Savings Compared to Conventional FramingEnter as the percentage you expect to save over the cost of inspection with traditional framing.FramingFraming Rework Cost (% of Home Base Price)Enter as a percentage of total home price.SIPs % Rework Cost Savings Compared to Conventional FramingEnter as the percentage you expect to save over the cost of rework with traditional framing.Framing Risk Management Reserves (% of Home Base Price)Enter as a percentage of total home price.SIPs % Risk Management Reserve Savings Compared to Conventional FramingEnter as the percentage you expect to save over the cost of risk management with traditional framing.PROJECT DASHBOARD: {text-1}Cost Comparison$SIPs Improved User Experience$Value of Time Saved$Total SIPs Savings + Value$Home DetailsPlease enter the following information about the proposed home.Base Price of Home (USD)USDEnter the estimated price of the home based on information from the builder.Conditioned Square FeetTotal Conditioned Square Feet of Home (Sq. Ft.)Enter value in square feet.Conditioned Square Feet Above Grade (Sq. Ft.)Enter value in square feet.Conditioned Square Feet Basement Below Grade (Sq. Ft.)Enter value in square feet.Additional Conditioned Square Feet with Thinner Walls (Sq. Ft.)SIPs panels are thinner than traditional framing. Enter the number of square feet you expect to gain by using the thinner panels.Retail CostRetail Cost per Sq. Ft. Above-Grade Conditioned space (USD)USDIf you need help coming up with a number, try the following formula: Home price / (above-ground conditioned sq ft * 2 + below grade conditioned square feet) * 2Retail Cost per Sq. Ft. Below-Grade Conditioned space (USD)USDIf you need help coming up with a number, try the following formula: Home price / (above-ground conditioned sq ft * 2 + below grade conditioned square feet)Square Feet Trade-OffSq. Ft. of SIP Attic Traded Off for Basement (Sq. Ft.)SIPS homes often trade basement square footage for above-grade finished attic space. Learn more here. Additional Conditioned Square Feet with SIP Attic (Sq. Ft.)Home InsuranceAnnual Home Insurance Cost (USD)USDDiscounted Home Insurance with SIPS (%)Many home insurance companies offer a discount for building with SIPS. Enter the expected discount as a percentage of home insurance cost.Other BenefitsHigher Appraisal Value (%)In 2010, industry veteran Al Cobb conducted a study that indicates homes built with SIPs are likely to be appraised 2% higher than traditional stick-frame homes. Source Value of Greater Resilience (e.g., Impact, Wind, Earthquake) (%)Enter value as a percentage of home base price. Estimate value to homeowners.Value of Greater Strength/Dimensional Accuracy (%)Estimate value as a percentage.45 L Tax Credit (USD)USD45 L is a tax credit that rewards home builders that develop energy efficient homes. Find out more information here.Utility Rebate (USD)Many utilities offer a rebate for energy efficient homes. Enter as USD.30-year Energy Savings (USD)HERS Report x 0.7 correction for 2006 IECC baseline. Enter as USD.PROJECT DASHBOARD: {text-1}Cost Comparison$SIPs Improved User Experience$Value of Time Saved$Total SIPs Savings + Value$Bid Information: StructurePlease enter the following information based on the bids you received. Include both materials and labor costs in the estimate.Bid Cost DetailsSIPs PanelsCost with Traditional Framingn/aCost Using SIPs (USD)USDWall FramingCost with Traditional Framing (USD)USDCost Using SIPs (USD)USDFloor FramingCost with Traditional Framing (USD)USDCost Using SIPs (USD)USDRoof FramingCost with Traditional Framing (USD)USDCost Using SIPs (USD)USDStructural BeamsCost with Traditional Framing (USD)USDCost Using SIPs (USD)USDExterior TrimCost with Traditional Framing (USD)USDCost Using SIPs (USD)USDStair FramingCost with Traditional Framing (USD)USDCost Using SIPs (USD)USDAttic VentingCost with Traditional Framing (USD)USDCost Using SIPs (USD)USDConcrete FoundationCost with Traditional Framing (USD)USDCost Using SIPs (USD)USDTotal Structure CostsTotal Cost with Traditional Framing$Total Cost Using SIPs$Expected TimelineTime (Days) for StructureTime Expected with Traditional Framing (days)Time Expected Using SIPs (days)PROJECT DASHBOARD: {text-1}Cost Comparison$SIPs Improved User Experience$Value of Time Saved$Total SIPs Savings + Value$Bid Information: InsulationPlease enter the following information based on the bids you received. Include both materials and labor costs in the estimate.Bid Cost DetailsWall Cavity InsulationCost with Traditional Framing (USD)USDCost Using SIPs (USD)USDExterior Rigid InsulationCost with Traditional Framing (USD)USDCost Using SIPs (USD)USDAttic InsulationCost with Traditional Framing (USD)USDCost Using SIPs (USD)USDBand Joist InsulationCost with Traditional Framing (USD)USDCost Using SIPs (USD)USDFloor InsulationCost with Traditional Framing (USD)USDCost Using SIPs (USD)USDBasement InsulationCost with Traditional Framing (USD)USDCost Using SIPs (USD)USDTotal Insulation Costs Total Cost with Traditional Framing$Total Cost Using SIPs$Expected TimelineTime (Days) for InsulationTime Expected with Traditional Framing (days)Time Expected Using SIPs (days)PROJECT DASHBOARD: {text-1}Cost Comparison$SIPs Improved User Experience$Value of Time Saved$Total SIPs Savings + Value$Bid Information: Air Flow ControlPlease enter the following information based on the bids you received. Include both materials and labor costs in the estimate.Bid Cost DetailsAir BarriersCost with Traditional Framing (USD)USDCost Using SIPs (USD)USDAir SealingCost with Traditional Framing (USD)USDCost Using SIPs (USD)USDWind BafflesCost with Traditional Framing (USD)USDCost Using SIPs (USD)USDTotal Air Flow CostsTotal Cost with Traditional Framing$Total Cost Using SIPs$Expected TimelineTime (Days) for Air FlowTime Expected with Traditional Framing (days)Time Expected Using SIPs (days)PROJECT DASHBOARD: {text-1}Cost Comparison$SIPs Improved User Experience$Value of Time Saved$Total SIPs Savings + Value$Bid Information: Interior FinishesPlease enter the following information based on the bids you received. Include both materials and labor costs in the estimate.Bid Cost DetailsDrywallCost with Traditional Framing (USD)USDCost Using SIPs (USD)USDCabinetsCost with Traditional Framing (USD)USDCost Using SIPs (USD)USDInterior TrimCost with Traditional Framing (USD)USDCost Using SIPs (USD)USDTotal Interior Finishes Costs Total Cost with Traditional Framing$Total Cost Using SIPs$Expected TimelineTime (Days) for DrywallTime Expected with Traditional Framing (days)Time Expected Using SIPs (days)Time (Days) for CabinetsTime Expected with Traditional Framing (days)Time Expected Using SIPs (days)Time (Days) for Interior TrimTime Expected with Traditional Framing (days)Time Expected Using SIPs (days)PROJECT DASHBOARD: {text-1}Cost Comparison$SIPs Improved User Experience$Value of Time Saved$Total SIPs Savings + Value$Bid Information: MEPPlease enter the following information based on the bids you received. Include both materials and labor costs in the estimate.Bid Cost DetailsCost of Schematics for Optimizing MEP with SIPs$Previously entered in cost assumptions.HVAC Cost Difference for SIPs vs. Conventional Framing$Previously entered in cost assumptions. Electric Cost Difference for SIPs vs. Conventional Framing $Previously entered in cost assumptions. Plumbing Cost Difference for SIPs vs. Conventional Framing $Previously entered in cost assumptions.Total MEP CostsTotal Cost Differential Using SIPs$Expected TimelineTime (Days) for ElectricTime Expected with Traditional Framing (days)Time Expected Using SIPs (days)Time (Days) for PlumbingTime Expected with Traditional Framing (days)Time Expected Using SIPs (days)Time (Days) for HVACTime Expected with Traditional Framing (days)Time Expected Using SIPs (days)PROJECT DASHBOARD: {text-1}Cost Comparison$SIPs Improved User Experience$Value of Time Saved$Total SIPs Savings + Value$Bid Information: Quality Control and Lean ConstructionPlease enter the following information based on the bids you received. Include both materials and labor costs in the estimate.Bid Cost DetailsTrainingCost with Traditional Framing$Training Cost with Framing (% of Home Base Price) * Base Price of HomeCost Using SIPs$Cost with Traditional Framing * (1- SIPs % Training Cost Savings)InspectionsCost with Traditional Framing$Inspection Cost with Framing (% of Home Base Price) * Base Price of HomeCost Using SIPs$Cost with Traditional Framing * (1- SIPs % Inspection Cost Savings)ReworkCost with Traditional Framing$Framing Rework Cost (% of Home Base Price) * Base Price of HomeCost Using SIPs$Cost with Traditional Framing * (1- SIPs % Rework Cost Savings)Reserves for Call-BacksCost with Traditional Framing$Framing Risk Management Reserves (% of Home Base Price) * Base Price of HomeCost Using SIPs$Cost with Traditional Framing *(1- SIPs % Risk Management Reserve Savings)Waste Removal (Dumpsters)Cost with Traditional Framing$( Total Conditioned Square Feet of Home /1000)* Framing Waste in # Dumpsters Per 1,000 Sq. ft. * Cost Per DumpsterCost Using SIPs$Cost with Traditional Framing *(1- SIPs Waste in # Dumpsters Per 1,000 Sq. ft. )Total Quality Control and Lean Construction CostsTotal Cost with Traditional Framing$Total Cost Using SIPs$Expected TimelineTime (Days) for Quality Control and Lean ConstructionTime Expected with Traditional Framing (days)Time Expected Using SIPs (days)PROJECT DASHBOARD: {text-1}Cost Comparison$SIPs Improved User Experience$Value of Time Saved$Total SIPs Savings + Value$Summary: SIPs Savings/Value vs. Conventional FramingThe following are your results for cost savings and added value by using SIPSTotal SIPs Saving + Value Over Conventional Framing$Details: Total Cost Comparison$$$Total Cost Savings (Framing Cost - SIPS Cost)$Total Costs with Traditional Framing - Total Cost Using SIPsTotal Costs with Traditional Framing: ${calculation-30}Costs for Structure, Insulation, Air Flow, Finishes, MEP, Quality Control and Lean Construction with FramingTotal Costs Using SIPs: ${calculation-28}Costs for Structure, Insulation, Air Flow, Finishes, MEP, Quality Control and Lean Construction in a SIPS buildTotal Cost Savings (Framing Cost - SIPS Cost) ${calculation-51}Total Costs with Traditional Framing - Total Cost Using SIPsDetails: SIPS Improved User Experience$Stronger/More Dimensionally Accurate Enclosure$Greater Resilience to Fire, Wind, Impact, Pests$High Appraisals to Base Price$Reduced Home Insurance Annual Insurance Cost$Additional Square Footage with Thinner Walls$Sq. Ft. of SIP Attic Traded Off for Basement$Additional Conditioned Space with SIP Attic$45L Tax Credit$Utility Rebate$30-year Energy Savings$Entered in Home Details.Total Added Value$Stronger/More Dimensionally Accurate Enclosure: ${calculation-50}Base Price of Home * Value of Greater Strength/Dimensional Accuracy (%)Greater Resilience to Fire, Wind, Impact, Pests: ${calculation-49}Base Price of Home * Value of Greater Resilience (e.g., Impact, Wind, Earthquake) (%)High Appraisals to Base Price: ${calculation-48}Base Price of Home * Higher Appraisal Value (%)Reduced Home Insurance Annual Insurance Cost: ${calculation-47}Annual Home Insurance Cost * Discounted Home Insurance with SIPS (%)Additional Square Footage with Thinner Walls: ${calculation-46}Additional Conditioned Square Feet with Thinner Walls * Retail Cost per Sq. Ft. Above-Grade Conditioned spaceSq. Ft. of SIP Attic Traded Off for Basement: ${calculation-45}Conditioned Square Feet Basement Below Grade *( Retail Cost per Sq. Ft. Above-Grade Condtioned space - Retail Cost per Sq. Ft. Below-Grade Condtioned space )Additional Conditioned Space with SIP Attic: ${calculation-44}Additional Conditioned Square Feet with SIP Attic * Retail Cost per Sq. Ft. Above-Grade Conditioned space45L Tax Credit: ${calculation-43}Entered in Home Details.Utility Rebate: ${calculation-42}Entered in Home Details.30-year Energy Savings: ${calculation-41}Entered in Home Details.Total Added Value: ${calculation-40}Sum of the aboveDetails: Value of Construction Time Saved vs. Framing$Days Required Using Traditional FramingDays Required Using Traditional Framing: {calculation-23}# of Days Required for Structure, Insulation, Air Flow, Finishes, MEP, Quality Control and Lean Construction with Conventional FramingDays Required Using SIPsDays Required Using SIPs: {calculation-24}# of Days Required for Structure, Insulation, Air Flow, Finishes, MEP, Quality Control and Lean Construction Using SIPsDays Saved Using SIPs: {calculation-25}Days Required Using Traditional Framing - Days Required Using SIPsDays Saved Using SIPsValue of Construction Time Saved vs. Framing: ${calculation-26}Days Saved Using SIPs * Carrying Cost Per Day of ConstructionValue of Construction Time Saved vs. Framing$Create PDFSave as DraftPlease do not fill in this field.
