Quick Summary
The Principal Director of Audit (Central), Chandigarh, has uncovered significant financial irregularities in a streetlight project executed by the office of the Executive Engineer, Electrical Division No. 3. The audit, covering the period from April 1, 2022, to March 31, 2024, and conducted between
Daily Limit Reached
You have reached your daily limit of 2 Free News
Subscribe to CCI PRO for unlimited access
Why Upgrade to CCI PRO?
- No Ads
- WhatsApp Broadcasts
- Daily E-Newsletter
- Unlimited News Access
BEST VALUE
2 YEAR PLAN
3,499
(Inclusive of GST)
1 YEAR PLAN
1,999
(Inclusive of GST)
Buy CCI PRO Now
Already a PRO member? Login here for an ad-free experience.
The audit found significant cost escalation, with the project exceeding its original tender amount by 44.75%, and also uncovered irregularities in GST payments to the contractor.
The tender work was awarded at Rs 30,04,430, but the final project cost reached Rs 43,49,110.67, an increase of over 44%.
Yes, the audit highlighted irregular GST payments totalling Rs 2,63,769. The contractor had not filed GST returns for recent periods and their GST registration had been cancelled.
No, the final project cost exceeded the permissible 20% variation allowed under departmental norms.
The audit report emphasised that proper preparation of the Detailed Notice Inviting Tender (DNIT) could have avoided such escalations and minimised malpractice related to non-scheduled items.
The audit report noted that the Electrical Division had not yet responded to the findings, and final action on the matter is still awaited.
CAclubindia
