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501F Transition Pieces — Repair

GTS-2023-017CLOSED 11/21/2023
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Added Jun 18, 2026Completed Feb 6, 2023
Company
Gulf Turbine Services
Client
CPS Energy
Source
MANUAL
Contract Type
LUMP SUM
Market Segment
SHOP_OVERHAUL
Public/Private
PUBLIC
Project Manager
Dana Wright
Estimator
Phil Carter
Superintendent
Eddie Rangel
Location
Houston, TX

Margin Analysis

Original Margin
17.0%
$229,500
Revised Margin
15.4%
$214,500
Final Margin
14.6%
$202,745
Margin Fade (Bid)
-2.4%
CO Impact
$-15,000
Margin Fade (Revised)
-0.8%

Where They Land

Final Margin+14.6%
Break Even
-0.9%+24.4%
Gain / Fade-0.8%
As Predicted
-7.9%+2.0%
This project
Other projects
Zero reference

Revenue & Cost Summary

StageRevenueCostProfitMargin
Original$1,350,000$1,120,500$229,50017.0%
Revised$1,390,000$1,175,500$214,50015.4%
Final$1,390,000$1,187,255$202,74514.6%

Cost Category Variance

CategoryOriginalRevisedFinalVariance $Over/Under %
Labor$362,616$458,307$469,765+$11,458+2.5%
Material$329,824$301,186$292,150$-9,036-3.0%
Subcontractor$325,079$314,822$322,466+$7,644+2.4%
Equipment$96,252$95,078$96,504+$1,426+1.5%
Other$33,615$35,265$31,739$-3,526-10.0%

Labor Productivity

Original Rate
$63/hr
Revised Rate
$67/hr
Final Rate
$83/hr
Hours Variance
-96
Rate Variance $
$113,197
Volume Variance $
$-6,048