Office of the Principal Accountant General, Goa '3MZfRZSWa', 3Trcft qT4ft, ;1%t--403521 'Audit Bhavan', Alto Porvorim Goa - 403521 Tel: (D) 2416112 Fax- 2416228, EPABX 2416224/5 No.AG/GOA/FAW/AC/NCRVP 18-19/19-20/11& i < Date: 01. 10- 2Olt To The Executive Engineer, Works Division III, Water Resources Department, 4th Floor, Govt. Bldg, Tisk, Ponda, Goa- 403401 Sub: Issue of Audit Certificate for the National Cyclone Risk Mitigation Project- II (NCRMP) for the year 2018-19. w cLiF 31l!hTT # WTIf 14IT No.90-14/2019-20/NCRMP-WDIII-WRD/69 i : 30/04/2019 l #-CA I 2018-19 2F f 1 fEfff 45T 'Trt -T cT r 3)fdi jTiTi trfter i?' Af T 3 Ti f f5 TIM Annexures A, B & C 3TTE With reference to ,Executive Engineer (WD-1Il)'s letter No.90-14/2019-20/NCRMP- WDIII-WRD/69 dated 30/04/2019, I forward herewith the Audit Certificate in respect of World Bank Assisted National Cyclone Risk Mitigation Project-II(NCRMP) for the year 2018-19 along with the necessary enclosures Annexures A, B & C for further necessary action. T7FaW7: (i) Audit Certificate (ii) Annexures A, B & C Office of the Principal Accountant General, Goa 'ft mw', 3R4Ef, 7 -403521 'Audit Bhavan', Alto Porvorim Goa - 403521 Tel: (D) 2416112 Fax- 2416228, EPABX 2416224/5 E-Mail: agauGoa@cag.gov.in Report of the Comptroller and Auditor General of India To The Executive Engineer, Works Division III, Water Resources Department, 4t Floor, Govt. Bldg, Tisk, Ponda, Goa- 403401 Report on the Project Financial Statements We have audited the accompanying financial statements of the "National Cyclone Risk Mitigation Project-II" financed under World Bank Loan Number 5693-IN/IDA, which comprised Statement of Sources and Applications of Funds and the Reconciliation of Claims to Total Applications of Funds for the year ended March 2019. These statements are the responsibility of the Project's management. Our responsibility is to express an opinion on the accompanying financial statements based on our audit. We conducted our audit in accordance with the Auditing Standards promulgated by the Comptroller and Auditor General of India. Those Standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. Our audit examines, on a test basis, evidence supporting the amounts and disclosures in the financial statements. It also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe that our audit provides a reasonable basis for our opinion. In our opinion, the financial statements presents fairly, in all material respects, the sources and applications of funds of National Cyclone Risk Mitigation Project-II for the year ended March 2019 in accordance with Government of India accounting standards. In addition, in our opinion, (a) with respect to Statement of Expenditure (SOEs), adequate supporting documentation has been maintained to support claims to the World Bank for reimbursement of expenditure incurred; and (b) except for ineligible expenditure as detailed in the audit observations, if any, appended to this audit report, expenditure are eligible for financing under the Loan/Credit agreement. During the course of the audit, SOEs/ Statement of Sources and application of funds (for Z3,18,28,864/-(Rupees Three crore eighteen lakh twenty eight thousand eight hundred sixty four only) and the connected documents were examined and these can be relied upon to support reimbursement under Loan/Credit agreement. This report is issued without prejudice to CAG's right to incorporate the audit observations in the Report of CAG of India for being laid before Parliament/State Legislature. (A tos Joshi) Pr. Accountant General Audit Bhavan, Goa-403521 October 2019 Annexure-A Statement showing the details of expenditure incurred i.e category wise, component wise for the year 2018-19 in respect of World Bank Assisted National Cyclone Risk Mitigation Project (Loan No.5693-IN) Components SOE Actual Expenditure Expenditure Expenditure Figure (g) as Verified in audit Disallowed Admitted in In Audit Audit (e) (A) (B) (C) (D) Component-A Nil Nil Nil Nil Component-B 1,37,54,000 1,37,54,000 Nil 1,37,54,000 Component-C Nil Nil Nil Nil Component-D 1,81,73,674 1,81,73,674 98,810 1,80,74,864 Total 3,19,27,674 3,19,27,674 98,810 3,18,28,864 expenditure Sr. Audit Officer/ FAW Annexure-B Statement showing the details of disallowances made from the expenditure incurred during the year 2018-19 in respect of World Bank assisted National Cyclone Risk Mitigation Project (Loan No.5693-IN) District/Unit office Amount disallowed (Z.) Reasons for disallowance O/o the Executive 98,810 Ineligible expenditure on Engineer, Works account of payment of Division III, Ponda salary to Data Entry Goa Operator (Z 98,760/-) and excess payment against hiring of vehicle (? 50/-) Sr. Audit Officer/ FAW Annexure-C Statement showing the details of disallowance made from the expenditure incurred during the previous year now released during the year 2018-19 in respect of World Bank Assisted Cyclone Risk Mitigation Project (Loan No.5693-IN) Sr. No Name of the Year of Amount Now Balance Division/ unit Disallowance Released Disallowance amount ------Nil------- Sr. Audit Officer/ FAW