Added Jun 18, 2026Completed Sep 21, 2022
Company
Gulf Turbine Services
Client
Tenaska
Source
MANUAL
Contract Type
T AND M
Market Segment
FIELD_SERVICE
Public/Private
PRIVATE
Project Manager
Ray Daniels
Estimator
Susan Vance
Superintendent
Carl Boudreaux
Location
Cleburne, TX
Margin Analysis
Original Margin
20.0%
$124,000
Revised Margin
21.7%
$154,000
Final Margin
22.9%
$162,340
Margin Gain (Bid)
+2.9%
CO Impact
$30,000
Margin Gain (Revised)
+1.2%
Where They Land
Final Margin+22.9%
Break Even
-0.9%+24.4%
Gain / Fade+1.2%
As Predicted
-7.9%+2.0%
This project
Other projects
Zero reference
Revenue & Cost Summary
| Stage | Revenue | Cost | Profit | Margin |
|---|---|---|---|---|
| Original | $620,000 | $496,000 | $124,000 | 20.0% |
| Revised | $710,000 | $556,000 | $154,000 | 21.7% |
| Final | $710,000 | $547,660 | $162,340 | 22.9% |
Cost Category Variance
| Category | Original | Revised | Final | Variance $ | Over/Under % |
|---|---|---|---|---|---|
| Labor | $193,136 | $207,342 | $206,305 | $-1,037 | -0.5% |
| Material | $133,263 | $160,181 | $156,977 | $-3,204 | -2.0% |
| Subcontractor | $132,045 | $150,072 | $149,936 | $-136 | -0.1% |
| Equipment | $30,912 | $45,099 | $44,964 | $-135 | -0.3% |
| Other | $14,880 | $16,680 | $15,012 | $-1,668 | -10.0% |
Labor Productivity
Original Rate
$58/hr
Revised Rate
$65/hr
Final Rate
$60/hr
Hours Variance
108
Rate Variance $
$6,905
Volume Variance $
$6,264
Lessons Learned
Aero field service is high-margin when we bill T&M and the techs are experienced. Carl knows these units cold.