Cost & margin
Internal only · lump-sum — cost-to-date vs budget is the margin
Margin — source of record needed
Three bases exist in the master sheet. Reconcile with Promethean before reporting margin.
Client bid
$11.97M
Internal build
$12.95M
−$981K
Markup
5%
→ ~4.8% GPM
Facilities vs Morrison: −3.06%
Milestone billing & AR
Milestone → evidence → invoice → payment
| Scope | Price | Target date | Status | |
|---|---|---|---|---|
| PM & Engineering | $640,964 | May 22 – Jun 25 | 50% invoiced | |
| Wells P&A | $6,066,537 | Jul 4 – Aug 24 | Planned | |
| Facilities | $5,264,855 | Aug 26 – Sep 26 | Planned | |
| Total contract value | $11,972,356 |
Vendors
From Procurement (09)
| Subcontractor | Role | Contract value |
|---|---|---|
| Chet Morrison Contractors | Vessels / pipeline / heavy-lift | $4,997,000 |
| Crescent Energy Services | Well P&A | $2,104,807 |
| Gulf Offshore Logistics | Vessels | $739,896 |
| C-Dive (Champagne) | Diving | $230,475 |
| Broussard Brothers | Dock services | $130,805 |
| Ecoserve | Waste disposal | $75,962 |