Audit Manual - Core Treasury System Uttarakhand

Government of Uttarakhand
Audit Manual
Sr. No Activity Risk Audit Steps
(Refer rule no. 35 of
procurement rules 2008)
contract
• Verify that liquidated damages are levied at a specified rate of the contract
value
• Verify that liquidated damages are levied subject to a maximum of 10% of the
contract value
• The penalties proposed for identified lapses or omission or commission must
be disclosed in the tender documents in clear monetary terms
32 Price Variation in case of work
contracts
(Refer Rule No. 37 of
Procurement Rules 2008)
• Unauthorized changes in price
• Potential risk of undue changes in
prices
• Mention the total number of Price variations during the audit period, Take a
sample of contracts where there is price variation during audit period
• Verify whether proper procedure has been followed for Price Variation
33 Inspection of Work
(Refer Rule no. 46 of
Procurement Rules 2008)
• Work not as per prescribed quality
standards
• Verify that inspection of works has been carried out by qualified engineer
• Verify whether Quality Assurance Cell exists, comprising experienced
technical personnel/engineers as per the rules
• Verify that the cell is ensuring quality standards for works above
Rs.1,00,00,000 (Rs one crore)
• Verify that for works less than Rs.1,00,00,000 (Rs one crore), the
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