Added Jun 18, 2026Completed May 5, 2024
Company
Gulf Turbine Services
Client
Vistra (Luminant)
Source
MANUAL
Contract Type
UNIT PRICE
Market Segment
GT_OUTAGE
Public/Private
PRIVATE
Project Manager
Ray Daniels
Estimator
Susan Vance
Superintendent
Marcus Hill
Location
Granbury, TX
Margin Analysis
Original Margin
12.0%
$468,000
Revised Margin
11.7%
$518,000
Final Margin
7.3%
$322,900
Margin Fade (Bid)
-4.7%
CO Impact
$50,000
Margin Fade (Revised)
-4.4%
Where They Land
Final Margin+7.3%
Break Even
-0.9%+24.4%
Gain / Fade-4.4%
As Predicted
-7.9%+2.0%
This project
Other projects
Zero reference
Revenue & Cost Summary
| Stage | Revenue | Cost | Profit | Margin |
|---|---|---|---|---|
| Original | $3,900,000 | $3,432,000 | $468,000 | 12.0% |
| Revised | $4,420,000 | $3,902,000 | $518,000 | 11.7% |
| Final | $4,420,000 | $4,097,100 | $322,900 | 7.3% |
Cost Category Variance
| Category | Original | Revised | Final | Variance $ | Over/Under % |
|---|---|---|---|---|---|
| Labor | $1,355,243 | $1,271,346 | $1,392,124 | +$120,778 | +9.5% |
| Material | $920,269 | $994,280 | $1,034,051 | +$39,771 | +4.0% |
| Subcontractor | $960,400 | $1,168,541 | $1,168,562 | +$21 | +0.0% |
| Equipment | $245,646 | $276,881 | $292,663 | +$15,782 | +5.7% |
| Other | $102,960 | $190,952 | $209,700 | +$18,748 | +9.8% |
Labor Productivity
Original Rate
$83/hr
Revised Rate
$80/hr
Final Rate
$63/hr
Hours Variance
5,769
Rate Variance $
$-441,953
Volume Variance $
$478,834
Notes
Unit-price recovered most CO scope. Rotor found needing more than planned.