Abstract: An insulation panel includes a first surface, a second surface opposite the first surface, a first side, a second side, a third side opposite the first side, and a fourth side opposite the second side. The first, second, third, and fourth sides define a perimeter of the panel. The insulation panel also includes a first conduit and a second conduit internal with respect to the first and second surfaces and extending between the first and third sides. The insulation panel further includes a third conduit and a fourth conduit internal with respect to the first and second surfaces and extending between the second and fourth sides. The conduits remove moisture that accumulates underneath the panel. Moreover, the insulation panel includes a slit extending from the perimeter to the first, second, third, and fourth conduits for discharging water accumulated within the insulation panel.

Abstract: An insulated concrete form system for constructing the walls of a structure including a multiplicity of insulated concrete form units. Each insulated concrete form unit includes a body, a tenon and a mortise positioned at opposing ends of the body, and at least one opening extending substantially vertically through the body. Each insulated concrete form unit may further include at least one cavity extending through the body for receiving concrete. Each insulated concrete form unit is stacked vertically on one another to form a column. Thus, an insulated form system features a series of adjacent columns that are joined together to form the walls of a desired structure. In particular, adjacent columns are joined by offsetting the vertical height of one column relative to an adjoining column. Accordingly, each mortise and tenon from one insulated concrete form unit of one column joins in an offset manner with the mortises and tenons of at least two concrete form units from an adjacent column.