Audit Manual - Core Treasury System Uttarakhand

Government of Uttarakhand
Audit Manual
Sr. No Activity Risk Audit Steps
The pre despacth inspection though was incorporated in the
contracts but, the same was subsequently waived without any
reason , thus jeoparadizing the quality aspects as per contractual
requirement
The submission of performance bank guarantee was waived
Even though the contracts were placed on FOR destination, the
locations were changed nearer to the suppliers‘ premises without
taking into account the benefit of freight charges.
• Verify whether the annual rate contracts are timely renewed and
approved by Competent Authority, if any
• Verify whether the following controls are in place in case of amendment
of an existing contract:
In case of any delay in the completion of work the contractor should
have given prior notice in writing to the engineer in charge, for
seeking extension of time
Such applications must state the grounds which hindered the
contractor in the execution of work within the stipulated time
The engineer in charge must be of the opinion that the grounds
shown for the extension of time are reasonable
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