Added Jun 18, 2026Completed Sep 8, 2022
Company
Gulf Turbine Services
Client
NRG Energy
Source
MANUAL
Contract Type
T AND M
Market Segment
GT_OUTAGE
Public/Private
PRIVATE
Project Manager
Dana Wright
Estimator
Susan Vance
Superintendent
Joe Tibbetts
Location
Deer Park, TX
Margin Analysis
Original Margin
22.0%
$215,600
Revised Margin
22.6%
$275,600
Final Margin
21.0%
$256,712
Margin Fade (Bid)
-1.0%
CO Impact
$60,000
Margin Fade (Revised)
-1.5%
Where They Land
Final Margin+21.0%
Break Even
-0.9%+24.4%
Gain / Fade-1.5%
As Predicted
-7.9%+2.0%
This project
Other projects
Zero reference
Revenue & Cost Summary
| Stage | Revenue | Cost | Profit | Margin |
|---|---|---|---|---|
| Original | $980,000 | $764,400 | $215,600 | 22.0% |
| Revised | $1,220,000 | $944,400 | $275,600 | 22.6% |
| Final | $1,220,000 | $963,288 | $256,712 | 21.0% |
Cost Category Variance
| Category | Original | Revised | Final | Variance $ | Over/Under % |
|---|---|---|---|---|---|
| Labor | $295,488 | $317,140 | $329,826 | +$12,686 | +4.0% |
| Material | $193,348 | $288,533 | $285,648 | $-2,885 | -1.0% |
| Subcontractor | $223,071 | $280,463 | $287,661 | +$7,198 | +2.6% |
| Equipment | $68,522 | $92,430 | $94,648 | +$2,218 | +2.4% |
| Other | $22,932 | $28,332 | $25,499 | $-2,833 | -10.0% |
Labor Productivity
Original Rate
$65/hr
Revised Rate
$74/hr
Final Rate
$59/hr
Hours Variance
1,044
Rate Variance $
$-33,522
Volume Variance $
$67,860
Lessons Learned
Forced-outage premium work prints margin when we're the ones who can mobilize in 24h. Keep a standby crew costed in.