Content: 8.2 financial monitoring - Roles and responsibilities of Key Agencies and Actors

Content

8.2 financial monitoring - Roles and responsibilities of Key Agencies and Actors

This section gives an overview of various agencies and processes involved in financial monitoring.

8.2.1 Overview of Roles and Responsibilities

Roles and responsibilities of each actor (as entities) involved in the process of financial monitoring of a project have been summarized in this section. Each of the key actors may have one or many functionaries. However, the accountability for adherence to the policy guidelines and procedures prescribed in SOP lies with the key actors irrespective of the performance of any act by its functionaries. Primarily, the actors are

PIA: Shall be accountable and responsible for compliance to all rules and regulations as per policies and processes defined in the SOP. The following actors will be involved in the processes constituting PIA and they have been delineated here for clarity.

a) PIA OP Team
b) PIA OP team (finance)
c) PIA Q Team
d) Auditor for conducting:
i. Monthly verification. Hereinafter referred as Periodical Auditor
ii. Annual audit, financial audit for project closure and financial audit for orderly closure of a project. Hereinafter referred as Annual Auditor

A PIA is free to appoint one auditor for d(i) and d(ii) above subject to applicable code of ethics (http://resource.cdn.icai.org/code of ethic revised09.pd) and regulations of the Institute of Chartered Accountants of India (ICAI).

2. CTSA / SRLM: Financial team of CTSA for YPS/SRLM for an APS will undertake

Verification of expenditure limited to disbursement of candidates entitlements, payment to trainers, master trainers and Q team members, in line with the guidelines.
Verification and review of the remarks reported by the periodic and annual auditor, if any, and seek compliance
CTSA to recommend to MoRD for release of funds based on financial verification as above. In addition to financial verification physical verification will also be taken into account for funds release as detailed in other chapters of SOP and as per approved checklist. In the case of SRLM, such recommendation would be internal to the SRLM based on financial verification
Thematic verification along with the MoRD empanelled auditor as per instructions of MoRD

PIA has to share the financial information and reports required to be submitted to SRLM and CTSA and also to any person or organization engaged by them as mentioned in the relevant sections.

3. MoRD will undertake the following:

Review of expenditure limited to disbursement of candidates entitlements, payment to trainers, master trainers and Q team members
Ensure that CTSA verifies and reviews remarks reported by the periodic and annual auditor, if any, and presents a compliance report submitted by the PIA along with its remarks.
Conduct of thematic verification and surprise inspections- These will be carried out on the instr instructions of the Ministry of Rural Development. They could within the framework of concurrent practices prescribed by SOP or over and above them.

A detailed description of roles and responsibilities of the actors along with their functionaries are given in sections 8.3 onwards. The remaining part of this section summarises the roles and responsibilities given in these sections. (in case of differences in the content given in this section and those given tin the detailed process the content given in the detailed process prevails).

1. PIA

a) PIA OP team has to perform following activities as mentioned in the Table 8.2.1 under various processes constituting Financial SOP

TABLE 8.2.1

S. No	Activities	Process No	Process Name	Step No. in the process	Time for completion	Formats for presenting the results
1	Identification of candidates not having active bank accounts	8.4.2	Opening of Bank Accounts for Candidates not having active bank account	1.	Prior to completion of selection process	-
2	Collect KYC documents for identified candidates	8.4.2	Opening of Bank Accounts for Candidates not having active bank account	2.	Prior to completion of selection process	As per the documents required by bank
3	Open bank accounts for identified candidates	8.4.2	Opening of Bank Accounts for Candidates not having active bank account	3.	At least 4 days before starting of training	As per the documents/forms required by bank

b) PIA OP Team (Finance) has critical role in financial management of a project which has to be closely coordinated with CTSA/SRLM.

TABLE 8.2.2

Sr No	Activities	Process No	Process Name	Step No in the process	Time for completion	Formats for presenting the results
1	Open a dedicated bank account for the project	8.3.1.1	Opening of bank account and mapping on PFMS	1.	8 days before signing of MoU	As per the requirement / forms of bank
2	Submit details of designated bank account for the project to SRLM (in case of APS) and CTSA (in case of YPS)	8.3.1.1	Opening of bank account and mapping on PFMS	2.	8 days before signing of MoU	SF 3.2A Bank account details (Accompanied by one cancelled cheque of the Project Account)
3	Open a new bank account for the project	8.3.1.2	Change of Project Account and Mapping into PFMS	1.	On requirement	As per the requirement / forms of bank
4	i) Add project account on PFMS ii) Send request for change of project account to SRLM (in case of APS) and CTSA (in case of YPS)	8.3.1.2	Change of Project Account and Mapping into PFMS	2.	1 day after opening of new bank account	SF 8.3A Request letter for change of bank account, SF 3.2 A Bank account details along with a cancelled cheque of the new Project Account
5	Transfer complete project fund to the newly mapped bank account and inform SRLM (in case of APS) and CTSA (in case of YPS)	8.3.1.2	Change of Project Account and Mapping into PFMS	4.	Within 3 days of notification of the change of project account by SRLM finance team (in case of APS) and CTSA finance team (in case of YPS)	-
6	Upload bank account details in PFMS	8.4.2	Opening of Bank Accounts for Candidates not having active bank account	5.	1 day before starting of training	SF 8.4A Candidate bank account details
7	1st payment: from start of training to freezing of batch	8.4.3	Payment of food and Transportation charges	1.	Within 5 days of batch freezing	SF 8.4C Payment of Food and Transport cost to Non-residential candidates
8	2nd payment to penultimate payment	8.4.3	Payment of food and Transportation charges	2.	Within 3 days from end of every fortnight	SF 8.4C
9	Last payment at the completion of training for the batch and/or provide boarding and lodging facilities during OJT	8.4.3	Payment of food and Transportation charges	3.	Within 3 days after completion of training and/or during OJT days	SF 8.4C
10	Payment 1^st instalment of Post Placement Support (PPS) to the placed candidates	8.4.4	Payment of Post Placement Support	1.	Within 3 days of joining the job	SF 8.4D Payment of Post placement support cost to candidates
11	Advance payment of remaining instalments of Post Placement Support (PPS) to the placed candidates	8.4.4	Payment of Post Placement Support	2.	Monthly basis on or before 10^th of the month	SF 8.4D
12	Provide travel assistance to the candidates as per instructions	8.4.5.1	One Time Travel Cost	1.	Continuous process after selection of candidates and before joining of the candidates in their respective jobs	-
13	Account for the expenditure towards one time travel cost	8.4.5.1	One Time Travel Cost	2.	Within 7 days of incurring of expenditure
14	Provide Insurance coverage to the candidates as per instructions	8.4.5.2	One time travel cost	2.	Continuous process after submission of candidate consent to enrol	SF 8.4E Insurance coverage to candidates
15	Booking of expenditure towards boarding & lodging facilities to the candidates as per the instructions	8.4.6	Accounting for expenditure on boarding and lodging facilities to the candidates	1.	Continuous process	SF 8.4F Boarding and Lodging facilities to the candidates
16	Booking of expenditure towards Uniform provided to candidates	8.4.7	Accounting for expenditure on unifrom		Continuous process	SF 8.4G Expenditure incurred on unifrom
17	Provide mobile tracking support cost to candidates	8.4.8	Mobile tracking support cost	1	Continuous process	SF 8.4H Mobile tracking support cost
18	Booking of expenditure towards mobile tracking support cost provided to candidates	8.4.8	Mobile tracking support cost	2.	Continuous process	SF 8.4H Mobile tracking support cost
19	Payment of career progression incentives to eligible candidates	8.8.1	Payment of career progression incentives	1.	Within 5 days from the date of receipt of fund	SF 8.4A1, SF 8.8A Payment of Retention and career progression support paid to candidates
20	Payment of Retention incentives to eligible candidates	8.8.2	Payment of retention incentives	1.	Within 5 days from the date of receipt of fund	SF 8.4A1, SF 8.8A
21	Payment of salaries to trainers, master trainers and Q team members and book the expenditure	8.5	Payment of salaries to trainers, master Trainers and Q team members	1.	Continuous process	SF 8.5A payment of salaries to trainers, master trainers and PIA Q team members
22	Appoint Periodical Auditor as per the rules & regulations prescribed by the Institute of Chartered Accountants of India (ICAI)	8.9.1	Appointment of Periodical Auditor	1.	Within 10 days of uploading of sanction order (I₂+10)	-
23	Upload Periodical Auditor information in ERP of DDU-GKY	8.9.1	Appointment of Annual/ Periodical Auditor	2.	Within 10 days of uploading of sanction order (I₂+10)	SF 8.9A
24	In case of change in periodical/annual auditor, update details of periodical/annual auditor in ERP of DDU-GKY and obtain joint declaration	8.9.1	Appointment of Periodical/Annual Auditor	4	Within 3 days of appointment of new periodical auditor/Annual auditor	SF 8.9A
25	Appoint Annual Auditor as per the rules & regulations prescribed by The Institute of Chartered Accountants of India (ICAI).	8.9.1	Appointment of Annual Auditor	1.	Within 10 days of uploading of sanction order (I₂+10)	-
26	Upload Annual Auditor information in ERP of DDU-GKY	8.9.1	Appointment of Annual Auditor	2.	Within 10 days of uploading of sanction order (I₂+10)	-
27	Finalize and share the documents with Periodical Auditor for conducting Audit	8.10.1	First month financial audit certificate - Joint appraisal for compliance to SOP	1.	By 5^th of 2^nd calendar month after release of 1^st instalment	SF 8.10B
28	Finalize Financial Audit Certificate and share the documents with Annual Auditor for conducting audit Submission of 1^st month audit report to SRLM/CTSA as the case may be	8.10.1	First month financial audit certificate - Joint appraisal for compliance to SOP	3.	10^thof 2^nd calendar month after release of 1^st instalment 26^th of 2^nd calendar month after release of 1^st instalment	SF 8.10A SF 8.10J
29	Submission of revised audit report if required based on the observations of SRLM/CTSA	8.10.1	First month financial audit certificate - Joint appraisal for compliance to SOP	5.	30^th of 2^nd calendar month after release of 1^st instalment
30	Finalize and share the documents with Periodical Auditor for conducting Audit	8.10.2	Monthly verification	1.	5th of every month (verification of previous month)
31	Submit Monthly Verification Certificate issued by Periodical Auditor to SRLM/CTSA, as the case may be	8.10.2	Monthly verification	3.	16th of every month (verification of previous month)	SF 8.10B
32	Comply with the Monthly Verification Report of SRLM/CTSA report and submit a Compliance Report	8.10.2	Monthly verification	5.	26^th of every month (verification of previous month)	SF 8.10D
33	Finalize books of accounts in accordance with the applicable standards and share with Annual Auditor for audit	8.10.3	Annual Financial Audit	1.	31st July (for previous year)	SF 8.10F SF 8.10J
34	Submit annual audited financial statements [1], annual audit certificate and annual utilization certificates in prescribed formats to SRLM (in case of APS) and CTSA (in case of YPS)	8.10.3	Annual Financial Audit	4.	30^th September (for previous year)	Annual Audited Financial Statements as per the standards, SF 8.10F SF 8.10J
35	Comply with the Annual Verification Report of SRLM/CTSA and submit a Compliance Report	8.10.3	Annual Financial Audit	7	25th October (for previous year)	SF 8.10H
36	Finalize and share utilization certificate	8.10.4	Utilization Certificate for Release of 2^nd and 3^rd instalment	1.	Any time after end of the calendar month in which they utilized the prescribed % of fund and achieve the required physical target.	SF 8.10K
37	Payment to the candidates and prepare a payment report	8.10.4	Release of fund on account of delay inrelease of 2^nd and 3^rd instalment	4.	3rd of the 2^nd month from the month for which payment is to be made	SF 8.10B
38	Finalize books of account in accordance with the applicable standards and share along with other documents as required, with the Annual Auditor and Periodical Auditor for audit	8.11.1	Closure Financial Audit	1.	Within 10 months of completion of placement of candidates	SF 8.11A SF 8.11E
39	Submit Closure Audit Certificate and Utilisation Certificate along with Closure Audited Financial Statements to SRLM (in case of APS) and CTSA (in case of YPS)	8.11.1	Closure Financial Audit	5.	Within 5 days of submission of Closure Audit Certificate and Closure Utilisation Certificate by Annual Auditor	SF 8.11A SF 8.11E
40	Comply with the Closure Verification Report of SRLM/CTSA and submit a Compliance Report	8.11.1	Closure Financial Audit	8	Within 5 days of issue of Closure Verification Report by SRLM/CTSA as the case may be	SF 8.11C
41	Comply with the Thematic Verification Report of SRLM/CTSA and submit a Compliance Report with a copy to MoRD	8.12	Thematic verification	3.	5 days of issue of Thematic Verification Report to PIA	SF 8.12B

c) PIA Q Team has limited role in financial management processes.

TABLE 8.2.3

S. No	Activities	Process No	Process Name	Step No in the process	Time for completion	Formats for presenting the results
1	Verify and provide advice to PIA OP Team (Finance) in case of any deviation	8.4.2	Opening of Bank Accounts for Candidates	4.	2 days before starting of training	-

TABLE 8.2.4

Sr No	Activities	Process No	Process Name	Step No in the process	Time for completion	Formats for presenting the results
1	Conduct verification of prescribed heads of expenditure and other mandatory heads – First month financial audit	8.10.1	First month financial audit certificate – Joint appraisal for compliance to SOP	3.	By 15^th of 2^nd calendar month after release of 1^st instalment	SF 8.10B
2	Conduct verification of prescribed heads of expenditure and other mandatory heads – Monthly verification	8.10.2	Monthly verification	2.	15^th of every month (verification of previous month)	SF 8.10B

1) Annual Auditor is responsible for certify and express opinion on the financial statements and utilization certificate prepared and presented by PIA OP (finance) team that the project funds has been utilized as per guideline and SOP. If the project has a separate Periodical Auditor, then annual auditor will also verify the reports and certificates issued by the Periodical Auditor before publishing the audit reports.The annual auditor shall conduct the audit in accordance with the standards of ICAI.

TABLE 8.2.5

S. No	Activities	Process No	Process Name	Step No	Time for completion	Formats for presenting the results
1	Conduct Annual financial audit of books of account based on the sampling technique as per the applicable auditing standards with the sample size mentioned under SI 8.10G as minimum	8.10.3	Annual Financial Audit	2.	25th September (for previous year)
2	Issue annual audit certificate and annual audited financial statements	8.10.3	Annual Financial Audit	3.	25th September (for previous year)	SF 8.10F SF 8.10J
3	Conduct Closure audit of books of account of unaudited period based on the sampling technique as per the applicable auditing standards with the sample size mentioned under SI 8.10G as minimum.	8.11.1	Closure Financial Audit	2.	Within 1 month of sharing of books of account and other documents by PIA with Annual Auditor
4	Issue closure audit certificate based on the annual audits conducted during the entire project period and audit for unaudited periods	8.11.1	Closure Financial Audit	3.	Within 1 month of sharing of books of account and other documents by PIA with Annual Auditor	SF 8.11A
5	Issue closure utilization certificate with audited financial statements	8.11.1	Closure Financial Audit	3.	Within 1 month of sharing of books of account and other documents by PIA with Annual Auditor	SF 8.11E

2. SRLM finance team (in case of APS) and CTSA finance team (in case of YPS)

2.a. SRLM finance team (in case of APS) and CTSA finance team (in case of YPS) play a critical role in ensuring that PIAs follow sound financial management practices in compliance with policy guidelines and the SOP. The roles detailed in Table 8.2.6 are intended to be undertaken by the SRLM finance team or CTSA finance team in their individual capacity. The roles detailed in the Table 8.2.7 are envisaged to be undertaken together with the empanelled auditor of MoRD.

TABLE 8.2.6

Sr No	Activities	Process No	Process Name	Step No	Time for completion	Formats for presenting the results
1	Register the PIA (if not registered already) and map the project account on http://pfms.nic.in	8.3.1.1	Opening of Project dedicated bank account and mapping on PFMS	3.	3 days after signing of MoU
2	Map new project account on http://pfms.nic.in and notify the change of project account*	8.3.1.2	Change of Project Account and Mapping into PFMS	3.	Within 3 days of request by PIA for change of project account	SF 8.3B
3	Send request to MoRD for delinking of previous project account from PFMS	8.3.1.2	Change of Project Account and Mapping into PFMS	5.	Within 1 day of receipt of information from PIA about completion of transfer of complete project fund to the newly mapped bank account	SF 8.3C
4	Send request to MoRD for delinking of the Project Account from PFMS	8.3.1.3	Delinking of Project Account from PFMS on Project Closure	1.	Within 5 days of Issue of Project Closure Order	SF 8.3C
5	Collect the joint declaration of the PIA and the Periodical Auditor	8.9.1	Appointment of Periodical/Annual Auditor	3.	At least 5 days prior to the execution of MoU	SF 8.9A
9	Visit the project finance office of PIA and conduct meeting with PIA finance team and Periodical Auditor to verify the report submitted and make corrections, if required. (If any member is absent on the day of meeting then the meeting will be cancelled. In such case all members shall meet at a place as decided by SRLM/CTSA, as the case may be, within a week’s time to complete the process.)	8.10.1	First month financial audit certificate – Joint appraisal for compliance to SOP	6.	By 30^th of 2^nd calendar month after release of 1^st instalment
10	Cross verify the Monthly Verification Certificate and assess the deviations reported by Periodical Auditor and issue a Monthly Verification Report directing the PIA to rectify deviations and report compliance.	8.10.2	Monthly verification	5.	23^rd of every month (verification of previous month)	SF 8.10C
11	Review the Compliance Report submitted by PIA and issue Final Monthly Verification report. Generate notice, in case of deviations not addressed.	8.10.2	Monthly verification	7.	Prior to the end of every month (verification of previous month) If the Final Monthly Verification Report is not sent by SRLM/CTSA as the case may be then it is deemed that PIA’s compliance report is accepted.	SF 8.10E
12	Reconcile the amount of expenditure for prescribed heads, assess deviations reported in annual audit certificate	8.10.3	Annual Financial Audit	5.	15th October (for previous year)
13	Issue an annual verification report directing the PIA to rectify deviations and report compliance.	8.10.3	Annual Financial Audit	6.	20^thOctober (for previous year)	SF 8.10G
14	Review the Compliance Report submitted by PIA and issue final Annual Verification Report. Generate notice, in case of deviations not addressed.	8.10.3	Annual Financial Audit	8	10^thNovember (for previous year). If the Final Annual Verification Report is not sent by SRLM/CTSA as the case may be then it is deemed that PIA’s compliance report is accepted	SF 8.10I
15	Reconcile the amount of expenditure for the prescribed heads, submit to MoRD/SRLM with recommendation for release of 2^nd or 3^rd instalment	8.10.4	Utilization Certificate for Release of 2^nd and 3^rd instalment	5.	15 days of submission of utilization certificate by PIA
16	Release fund to be reimbursed based on monthly verification report and adjust on-account payment with corresponding instalment release as per the process of chapter 3	8.10.4.1	Release of fund on account of delay in release of 2^nd and 3^rd instalment	1	10^th of the next month of the month in which due date for release of 2^nd and 3^rd instalment falls Or 10^th of the 2^nd month from the month for which payment is being released (in case payment for the month comes in the same or subsequent month)	SF 8.10E SF 8.10L
17	Reconcile the amount of expenditure for prescribed heads, assess deviations reported in closure audit certificate	8.11.1	Closure Financial Audit	5	Within 15 days of submission of Closure Audit Certificate and Utilisation Certificate by PIA
18	Issue a Closure Verification Report directing the PIA to rectify deviations and report compliance	8.11.1	Closure Financial Audit	6	Within 15 days of submission of Closure Audit Certificate and Utilisation Certificate by PIA	SF 8.11B
19	Review the Compliance Report submitted by PIA and issue Final Closure Verification Report. Generate notice, in case of deviations not addressed.	8.11.1	Closure Financial Audit	8	Within 15 days of submission of Compliance Report by PIA. If the Final Closure Verification Report is not sent by SRLM/CTSA as the case may be then it is deemed that PIA’s compliance report is accepted	SF 8.11D

2.b. SRLM finance team (in case of APS) and CTSA finance team (in case of YPS) together with empanelled auditors of MoRD are assigned the role of thematic verification of projects.

TABLE 8.2.7

Sr No	Activities	Process No	Process Name	Step No	Time for completion	Formats for presenting the results
1	Conduct verification of records and books as per the instruction from MoRD	8.12	Thematic verification	1.	25 days of instruction
2	Issue Thematic Verification Report with a copy to MoRD, directing PIA to address deviations, if any observed	8.12	Thematic verification	2.	25 days of instruction	SF 8.12A
3	Review the Compliance Report submitted by PIA and issue Final Thematic Verification Report with a copy to MoRD. Generate notice, in case of deviations not addressed.	8.12	Thematic verification	4	15 days of submission of Compliance Report by PIA. If Final Closure Thematic Verification Report is not sent by SRLM/CTSA as the case may be then it is deemed that PIA’s compliance report is accepted	SF 8.12C

3. MoRD

TABLE 8.2.8

Sr No	Activities	Process No	Process Name	Step No	Time for completion	Formats for presenting the results
1	Send Delinking request of the previous project account from PFMS as per the request of SRLM / CTSA to the Office of CGA and get the delinking process completed.	8.3.1.2	Change of Project Account and Mapping into PFMS	6.	Within 3 days of request by SRLM/CTSA for delinking of previous project account
2	Send Delinking request of the project account from PFMS as per the request of SRLM / CTSA to the Office of CGA and get the delinking process completed.	8.3.1.3	Delinking of Project Account from PFMS on Project Closure	2.	Within 3 days of request by SRLM/CTSA for delinking of Project Account

8.2.2 Overview of Standard instructions and Standard Forms used in Financial Monitoring

The summary of standard instructions which are to be followed and standard forms that shall be used under different processes in financial monitoring are detailed in the Table 8.2.9 mentioned below.

Table 8.2.9 – Summary of Standard instructions and forms required under processes

S. No	Process Number	Process Name	Standard Instructions	Standard forms
1	8.3.1.1	Opening of Project dedicated bank account and mapping on PFMS	SI 8.3A, B, C, D	As per the requirement / forms of bank; SF 3.2 A (Accompanied by one cancelled cheque of the Project Account);
2	8.3.1.2	Change of Project Account and Mapping into PFMS	SI 8.3A, B, C, D	As per the requirement / forms of bank; SF 3.2 A SF 8.3 A SF 8.3 B SF 8.3 C
3	8.3.1.3	Delinking of Project Account from PFMS on Project Closure		SF 8.3 C
4	8.4.2	Opening of Bank Accounts for Candidates		As per the documents/forms required by bank SF 8.4A, SF 8.4B
5	8.4.3	Payment of food and Transportation cost	SI 8.4A, A1, SI 8.4B, F	SF 8.4C
6	8.4.4	Payment of Post Placement Support	SI 8.4A, SI 8.4C, F	SF 8.4D
7	8.4.5.1	One Time Travel Cost - Travel facilitation	SI 8.4A, SI 8.4D
8	8.4.5.2	One Time Travel cost - Insurance coverage	SI 8.4A , SI 8.4D	SF 8.4E
9	8.4.6	Accounting for expenditure on boarding and lodging facilities to the candidates	SI 8.4A, A1, E	SF 8.4F
10	8.4.7	Booking of expenditure on uniform	SI 8.4A, SI 8.4A1	SF 8.4G
11	8.4.8	Mobile tracking support	SI 8.4A , SI 8.4A1, SI 8.4G	SF 8.4H
12	8.5	Payment of salaries to trainers, Master Trainers and Q team members.	SI 8.4A, SI 8.5A, B	SF 8.5A
13	8.6	Verification of amount received as take home salary in candidates bank account		SF 8.6A
14	8.8.1	Payment of career progression incentives to candidates	SI 8.4A1, SI 8.8A	SF 8.8A
15	8.8.2	Payment of retention incentives to candidates	SI 8.4A1, SI 8.8A	SF 8.8B
16	8.9.1	Appointment of Periodic/Annual Auditor		SF 8.9A
17	8.10.1	First month financial audit certificate – Joint appraisal for compliance to SOP	SI 8.4A, SI 8.4B, SI 8.4C, SI 8.4D, SI 8.4E, SI 8.5A, SI 8.10A, C	SF 8.10A, SF 8.10B, SF 8.10J
18	8.10.2	Monthly verification	SI 8.4A, SI 8.4B, SI 8.4C, SI 8.4D, SI 8.4E, SI 8.5A, SI 8.10D	SF 8.6A SF 8.10B SF 8.10C SF 8.10D SF 8.10E
19	8.10.3	Annual Financial Audit	SI 8.4A, SI 8.4B, SI 8.4C, SI 8.4D, SI 8.4E, SI 8.5A, SI 8.10E, SI 8.10G	Annual Audited Financial Statements as per the standards, SF 8.10F SF 8.10J SF 8.10G SF 8.10H, SF 8.10I
20	8.10.4	Utilization Certificate for Release of 2^ndand 3^rd instalment	SI 8.4A, SI 8.4B, SI 8.4C, SI 8.4D, SI 8.4E, SI 8.5A,	SF 8.10C, SF 8.10E, SF 8.10K
21	8.10.4.1	Release of fund on account of delay in release of 2^nd and 3^rd instalment	SI 8.10H	SF 8.10B, SF 8.10E SF 8.10L
22	8.11.1	Financial Audit for Project Closure	SI 8.4A, SI 8.4B, SI 8.4C, SI 8.4D, SI 8.4E, SI 8.5A,	SF 8.11A SF 8.11B SF 8.11C SF 8.11D SF 8.11E
23	8.11.2	Financial Audit for orderly closure of a Project
24	8.12	Thematic verification		SF 8.12A SF 8.12B SF 8.12C

Verification of amount received as take home salary in candidates bank account