Added Jun 18, 2026Completed Aug 22, 2023
Company
Gulf Turbine Services
Client
Talen Energy
Source
MANUAL
Contract Type
T AND M
Market Segment
GT_OUTAGE
Public/Private
PRIVATE
Project Manager
Dana Wright
Estimator
Phil Carter
Superintendent
Joe Tibbetts
Location
Granbury, TX
Margin Analysis
Original Margin
15.0%
$217,500
Revised Margin
15.8%
$247,500
Final Margin
14.5%
$227,663
Margin Fade (Bid)
-0.5%
CO Impact
$30,000
Margin Fade (Revised)
-1.3%
Where They Land
Final Margin+14.5%
Break Even
-0.9%+24.4%
Gain / Fade-1.3%
As Predicted
-7.9%+2.0%
This project
Other projects
Zero reference
Revenue & Cost Summary
| Stage | Revenue | Cost | Profit | Margin |
|---|---|---|---|---|
| Original | $1,450,000 | $1,232,500 | $217,500 | 15.0% |
| Revised | $1,570,000 | $1,322,500 | $247,500 | 15.8% |
| Final | $1,570,000 | $1,342,337 | $227,663 | 14.5% |
Cost Category Variance
| Category | Original | Revised | Final | Variance $ | Over/Under % |
|---|---|---|---|---|---|
| Labor | $474,310 | $475,367 | $489,628 | +$14,261 | +3.0% |
| Material | $338,593 | $339,858 | $333,061 | $-6,797 | -2.0% |
| Subcontractor | $310,842 | $293,106 | $294,688 | +$1,582 | +0.5% |
| Equipment | $77,319 | $112,518 | $114,543 | +$2,025 | +1.8% |
| Other | $36,975 | $101,652 | $110,417 | +$8,765 | +8.6% |
Labor Productivity
Original Rate
$58/hr
Revised Rate
$56/hr
Final Rate
$66/hr
Hours Variance
-759
Rate Variance $
$59,339
Volume Variance $
$-44,021
Lessons Learned
Clean CI, T&M protected us. Joe's crew turned it in 9 days. This is the model outage.