Added Jul 8, 2026Completed Nov 11, 2023
Company
Gulf Turbine Services
Client
Delta Energy
Source
MANUAL
Contract Type
LUMP SUM
Market Segment
SHOP_OVERHAUL
Public/Private
PRIVATE
Project Manager
Dana Wright
Estimator
Phil Carter
Superintendent
Eddie Rangel
Location
Houston, TX
Margin Analysis
Original Margin
18.0%
$378,000
Revised Margin
18.9%
$408,000
Final Margin
20.9%
$451,800
Margin Gain (Bid)
+2.9%
CO Impact
$30,000
Margin Gain (Revised)
+2.0%
Where They Land
Final Margin+20.9%
Break Even
-0.9%+24.4%
Gain / Fade+2.0%
As Predicted
-7.9%+2.0%
This project
Other projects
Zero reference
Revenue & Cost Summary
| Stage | Revenue | Cost | Profit | Margin |
|---|---|---|---|---|
| Original | $2,100,000 | $1,722,000 | $378,000 | 18.0% |
| Revised | $2,160,000 | $1,752,000 | $408,000 | 18.9% |
| Final | $2,160,000 | $1,708,200 | $451,800 | 20.9% |
Cost Category Variance
| Category | Original | Revised | Final | Variance $ | Over/Under % |
|---|---|---|---|---|---|
| Labor | $620,084 | $573,620 | $567,884 | $-5,736 | -1.0% |
| Material | $485,714 | $527,027 | $500,676 | $-26,351 | -5.0% |
| Subcontractor | $411,857 | $428,489 | $430,700 | +$2,211 | +0.5% |
| Equipment | $135,180 | $155,907 | $154,972 | $-935 | -0.6% |
| Other | $69,166 | $66,957 | $60,261 | $-6,696 | -10.0% |
Labor Productivity
Original Rate
$66/hr
Revised Rate
$72/hr
Final Rate
$69/hr
Hours Variance
-1,165
Rate Variance $
$24,692
Volume Variance $
$-76,892
Lessons Learned
What helped
Shop work is where the margin lives — predictable, our bench, our process. Coating vendor came in under quote.
Client feedback
Delta now defaults the bucket sets to our shop.
SHOPVENDORREPEAT BUSINESS