Audit Manual - Core Treasury System Uttarakhand

Government of Uttarakhand
Audit Manual
Every Government servant shall exercise the same vigilance in respect of expenditure incurred form public moneys as a person of
ordinary prudence would exercise in respect of the expenditure of his own money, and
No authority shall exercise its powers to pass an order, which will be directly or indirectly to its own advantage
Important Point To Be Audited With Respect To Various Procurement
• Equipments purchased conform to latest specification and technology available in market
• Appointment of consultant
The appointment of consultant is often made in a arbitrary manner without inviting tenders and without inviting tenders and without
collecting adequate data about their performance capability and experience
Terms are modified to the financial advantage of the consultant, even after award of contract
• Extra amount on account of travel expenses is sanctioned after award of contract
• The consultants need to be appointed only when it is absolutely essential. The appointment of consultants needs to be done in a transparent
manner and after following the competitive tendering system. The consultant role should be well defined.
• Estimated rates are not being worked out in an unprofessional manner and perfunctory manner.
• Estimated rates establishes the reasonableness of prices , it is important that the same is not worked out in a realistic and objective manner
on the basis of prevailing market rates , last purchases prices, economic indices for raw material/ labour, other input costs , IEEMA formula,
whenever assessment based on intrinsic values etc.
• Fair and adequate competition, it is very important that sufficient time of say 4-6 weeks in case of advertised / global tenders and 3-4 weeks
in case of limited tenders is allowed in case of recorded emergencies.
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