Added Jun 18, 2026Completed Nov 3, 2024
Company
Gulf Turbine Services
Client
Brazos Electric
Source
MANUAL
Contract Type
COST PLUS
Market Segment
SHOP_OVERHAUL
Public/Private
PUBLIC
Project Manager
Dana Wright
Estimator
Susan Vance
Superintendent
Eddie Rangel
Location
Houston, TX
Margin Analysis
Original Margin
16.0%
$448,000
Revised Margin
15.7%
$488,000
Final Margin
15.3%
$474,940
Margin Fade (Bid)
-0.7%
CO Impact
$40,000
Margin Fade (Revised)
-0.4%
Where They Land
Final Margin+15.3%
Break Even
-0.9%+24.4%
Gain / Fade-0.4%
As Predicted
-7.9%+2.0%
This project
Other projects
Zero reference
Revenue & Cost Summary
| Stage | Revenue | Cost | Profit | Margin |
|---|---|---|---|---|
| Original | $2,800,000 | $2,352,000 | $448,000 | 16.0% |
| Revised | $3,100,000 | $2,612,000 | $488,000 | 15.7% |
| Final | $3,100,000 | $2,625,060 | $474,940 | 15.3% |
Cost Category Variance
| Category | Original | Revised | Final | Variance $ | Over/Under % |
|---|---|---|---|---|---|
| Labor | $807,091 | $1,004,475 | $1,019,542 | +$15,067 | +1.5% |
| Material | $678,255 | $709,801 | $692,056 | $-17,745 | -2.5% |
| Subcontractor | $596,321 | $608,431 | $617,727 | +$9,296 | +1.5% |
| Equipment | $168,480 | $208,061 | $209,934 | +$1,873 | +0.9% |
| Other | $101,852 | $81,232 | $85,801 | +$4,569 | +5.6% |
Labor Productivity
Original Rate
$85/hr
Revised Rate
$77/hr
Final Rate
$75/hr
Hours Variance
4,099
Rate Variance $
$-135,971
Volume Variance $
$348,422
Notes
Cost-plus on a complex restack protected margin through scope discovery.