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Riverbend Energy

IPP
C-0003 · Southeast, MS · owner Dana Cole · active
Contacts & relationships
Sam Oluprimary
VP Operations · economic
Activity & next actions
meetingSite walkdown with operations2026-06-24
Performance with this client2 jobs · $7.5M · avg fade -7.7 pts
Completed jobValueBid marginActual marginFade
Sandow — Steam Path Audit + Repair$2.8M12%9%-3.5 pts
Limestone U1 — Steam Turbine Major$4.7M11%-1%-11.9 pts
Lessons from past work1 captured · from Exec
Limestone U1 — Steam Turbine Major2022-05-26STEAMPRODUCTIVITY FACTORFADE

HurtSteam majors are our hardest fade — LP last-stage blades had more erosion than scoped, and we under-price steam labor.

ClientRiverbend understood the erosion was unforeseeable but wants tighter scoping next time.

Next timeSteam needs a different (lower) productivity factor than GT in the estimate; don't reuse GT labor norms.

Opportunities (2)
OpportunityStageDivisionsValueExp margin
Unit 2 valve jobLostMechanical · Specialist$600k12%
Unit 3 HGP outage supportQualifiedMechanical · Scaffolding · IC&E$2.4M14%