Added Jul 8, 2026Completed May 10, 2023
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
Mont Belvieu, TX
Margin Analysis
Original Margin
21.0%
$100,800
Revised Margin
22.9%
$125,800
Final Margin
24.4%
$134,284
Margin Gain (Bid)
+3.4%
CO Impact
$25,000
Margin Gain (Revised)
+1.5%
Where They Land
Final Margin+24.4%
Break Even
-0.9%+24.4%
Gain / Fade+1.5%
As Predicted
-7.9%+2.0%
This project
Other projects
Zero reference
Revenue & Cost Summary
| Stage | Revenue | Cost | Profit | Margin |
|---|---|---|---|---|
| Original | $480,000 | $379,200 | $100,800 | 21.0% |
| Revised | $550,000 | $424,200 | $125,800 | 22.9% |
| Final | $550,000 | $415,716 | $134,284 | 24.4% |
Cost Category Variance
| Category | Original | Revised | Final | Variance $ | Over/Under % |
|---|---|---|---|---|---|
| Labor | $125,238 | $156,399 | $154,835 | $-1,564 | -1.0% |
| Material | $97,232 | $122,953 | $121,109 | $-1,844 | -1.5% |
| Subcontractor | $98,683 | $112,466 | $114,636 | +$2,170 | +1.9% |
| Equipment | $27,652 | $27,010 | $26,848 | $-162 | -0.6% |
| Other | $30,395 | $12,726 | $11,453 | $-1,273 | -10.0% |
Labor Productivity
Original Rate
$63/hr
Revised Rate
$67/hr
Final Rate
$69/hr
Hours Variance
256
Rate Variance $
$13,470
Volume Variance $
$16,127