Added Jul 8, 2026Completed Aug 3, 2022
Company
Gulf Turbine Services
Client
Gulf Power
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 | $183,778 | $217,679 | $216,591 | $-1,088 | -0.5% |
| Material | $138,253 | $145,337 | $142,430 | $-2,907 | -2.0% |
| Subcontractor | $148,079 | $138,326 | $138,041 | $-285 | -0.2% |
| Equipment | $37,819 | $51,411 | $51,257 | $-154 | -0.3% |
| Other | $14,880 | $16,680 | $15,012 | $-1,668 | -10.0% |
Labor Productivity
Original Rate
$73/hr
Revised Rate
$67/hr
Final Rate
$76/hr
Hours Variance
332
Rate Variance $
$8,582
Volume Variance $
$24,231
Lessons Learned
What helped
Aero field service bills high-margin T&M when the techs are experienced — they know these LM2500s cold.
Assumptions / what to do differently
Protect the senior aero techs' utilization — they're the margin engine on field service.
FIELD SERVICET&MCREW SKILL