Added Jul 8, 2026Completed Feb 17, 2023
Company
Gulf Turbine Services
Client
Riverbend Energy
Source
MANUAL
Contract Type
UNIT PRICE
Market Segment
STEAM_OVERHAUL
Public/Private
PRIVATE
Project Manager
Dana Wright
Estimator
Phil Carter
Superintendent
Marcus Hill
Location
Rockdale, TX
Margin Analysis
Original Margin
12.0%
$288,000
Revised Margin
11.2%
$308,000
Final Margin
8.5%
$234,740
Margin Fade (Bid)
-3.5%
CO Impact
$20,000
Margin Fade (Revised)
-2.7%
Where They Land
Final Margin+8.5%
Break Even
-0.9%+24.4%
Gain / Fade-2.7%
As Predicted
-7.9%+2.0%
This project
Other projects
Zero reference
Revenue & Cost Summary
| Stage | Revenue | Cost | Profit | Margin |
|---|---|---|---|---|
| Original | $2,400,000 | $2,112,000 | $288,000 | 12.0% |
| Revised | $2,750,000 | $2,442,000 | $308,000 | 11.2% |
| Final | $2,750,000 | $2,515,260 | $234,740 | 8.5% |
Cost Category Variance
| Category | Original | Revised | Final | Variance $ | Over/Under % |
|---|---|---|---|---|---|
| Labor | $737,889 | $885,402 | $934,099 | +$48,697 | +5.5% |
| Material | $560,373 | $626,030 | $629,160 | +$3,130 | +0.5% |
| Subcontractor | $619,898 | $587,008 | $603,746 | +$16,738 | +2.9% |
| Equipment | $189,982 | $233,192 | $240,887 | +$7,695 | +3.3% |
| Other | $63,360 | $110,368 | $107,368 | $-3,000 | -2.7% |
Labor Productivity
Original Rate
$65/hr
Revised Rate
$66/hr
Final Rate
$60/hr
Hours Variance
4,216
Rate Variance $
$-77,833
Volume Variance $
$274,043