Added Jul 8, 2026Completed Aug 21, 2024
Company
Gulf Turbine Services
Client
Lone Star Power
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 | $1,269,804 | $1,529,807 | $1,675,139 | +$145,332 | +9.5% |
| Material | $922,703 | $1,088,319 | $1,131,852 | +$43,533 | +4.0% |
| Subcontractor | $882,758 | $1,112,730 | $1,131,227 | +$18,497 | +1.7% |
| Equipment | $341,132 | $328,855 | $347,600 | +$18,745 | +5.7% |
| Other | $102,960 | $117,060 | $105,354 | $-11,706 | -10.0% |
Labor Productivity
Original Rate
$64/hr
Revised Rate
$59/hr
Final Rate
$60/hr
Hours Variance
8,078
Rate Variance $
$-111,649
Volume Variance $
$516,984
Notes
Unit-price recovered most CO scope. Rotor found needing more than planned.