Story · 35:27
// THE QUOTE
“they trucked in all the modules and there's another hotel built into iqaluit”
— Brandon Searle · UNB Off-site Construction Research Centre (OCRC)
Stack Modular shipping finished rooms through the Panama Canal and barging to Iqaluit — a vivid, fully-modular-by-necessity story that stands alone.
Full episode at 35:27How UNB's Off-site Research Centre Is Bringing Modular Construction to Atlantic Canada (And the Financial Risks GCs Need to Know) ▸
THE LESSON THIS CLIP CARRIES
GCs hiring modular manufacturers face a 50% deposit exposure with limited bonding protection; this financial risk must be priced into project financing before committing.
“there's a risk to the gc of over you know a 50 down payment essentially for the modules”
THE CHAPTER IT LIVES IN
Atlantic Canada Case Studies: Florenceville Hotel and Nunavut Project
35:00
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SOURCE: 35:27 of How UNB's Off-site Research Centre Is Bringing Modular Construction to Atlantic Canada (And the Financial Risks GCs Need to Know)