T11W / Phone : 91-11-250741002507420c (Tr,T) xW / Fax: 91-11-25093507 / 25093514 National Highways Authority of India (Ministry of Road Transport and Highways) t-5 06, 44--10, Uflft, ;N' RR-110075 G-5 & 6, Sector-10, Dwarka, New Delhi-110075 NHAI/WBTA-7980/SOE Certification DateD 1.10.2015 To, Sh. Rajesh Rohatgi, Senior Transport Specialist, The World Bank, South Asia Sustainable Development Unit (Transport), 18-20, Kasturba Gandhi Marg, New Delhi-110 001 Subject: SOE Certification of Project Expenditure of WBTA-7980 Project for the period 2014-15. Sir, Please find enclosed an Audit Report along-with statements issued by the Office of the Principal Director of Commercial Audit & Ex-Officio Member, Audit Board-1, Indian Audit & Accounts Department on Certification of Project Expenditure of WBTA-7980 Project for the period 2014-15. Thanking You Yours Faithfully Rajesh Gupta GM (F&A) 't t ~i / No. ôrÏ 4 11- ~c0 174 ifl cn 11 ý t c1~ 4åe ~Þli ~dm m rn &e/ Dated <--95-1 ' 12ý 3 1G-. 9 44~T WA 4 WIN ?T VWorld Bank 'kchnical Assistance Project (F43 4T W If 7980-IN) qlf 2014-15 7Bst r4½N aNÍ WFÙ WNr i wl 3rdr,f EN WT9i U S5, 4 6, F 9 1, l rr0;r fnfiV , g.vtw;M %14, 17 1e4 gTåE, 9 10002 rd F.cor, A-Wing, IndraDrastha Bhawfn, New Delhi-l 10002. TTelIe. :011-23378473, *~/Fax: 011-23378432 --madl : mabNewdelhl Gcaq.gov.in REPORT OF TiE COMPTROLLER AND AUDITOR GENERAL OF INDIA National Highways Authority of India (NIIAI) Report of the Project financial Statements We have audited the accompanying financial statements of the World Bank Technical Assistance Project (WBTA) financed under World Bank loan No.7980-IN which comprises the Statement of Sources and Application of funds and the Reconciliation of Claims to Total Application of Funds for the year ended 31 March, 2015. 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 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 statement presentation. We believe that our audit provides a reasonable basis for our opinion. In our opinion the financial statements present fa!v :i all material respec t s. the sources and applications of funds of Z 3.91.72.140 for WBTA project for the year ended 31 March 2015 in accordance with Government of India accounting standards. In addition, in our opinion. (a) with respect to Statement of Expenditures (SOEs), submitted by Project Implementation Authority, adequate supporting documentation has been maintained to support claims to the World Bank for reimbursement of expenditures incurred, and (b) expenditures are eligible for financing under the Loan Agreement. During the course of audit. SOEs of World Bank Loan No 7980-IN for Z 3.91,72.140 and the connected documents were examined and these can be relied upon to support reimbursement under the Loan Agreement. This report is issued \wvithout prejudice to CAG's right to incorporate the audit observations in the Report of CAG of India for being laid before Parliament. (Vimalendra Patwardhan) Place: New Delhi Principal Director of Commercial Audit Dated: 28 September 2015 & ex-officio Member, Audit Board-1, New Delhi. Statement of Expenditure for the Financial year 2014-15 of WBTA Loan No:7980-IN (IUFR Wise) Borrower IUFR Claim Ref. RF/WA ConsultaWame Expenditure Amount Claimed Amount Claimed Rounde WBTA No. Control NoIPeriod Date. Claim no Incurred (80%) Rounded off (NBR) No. Differe 2 3 4 5 6 7 8 9 10 M/s Consulting Engineers Group Ltd. 02&03 2 4187103 3349682 3349600 Jainpur in association 4/01.042014 1308.2014 54 with TRL Ltd. U.K. to 30.06.2014 M/s Deloitte Touche 8 8 415,544 332,435 332,400 Tohmatsu India (P) Ltd. TOTAL of IUFR Claim No. -4 4,602,647 3,682,118 3,682,000 1 1 431,298 345,038 345,100 M/s Consulting Engineers Group Ltd. 02&03 2 546,164 436,931 437,000 Jainpur in association with TRL Ltd. U.K. S.D. Baveja 4 4 368,525 294,820 294.800 5 184,262 147,410 147,400 6 392,425 313,940 314,000 M/s Deloitte Touche 7 7 5/ 01.07,2014 29.10.2014 6/5 2,309,323 1,847,458 1,847,500 Tohmatsu India (P) Ltd. to 30.09.2014 M/s Deloitte Touche 8 8 100,440 80,352 80,400 Tohmatsu India (P) Ltd. MIs Consulting 9 9 4,591,603 3,673,282 3,673,300 ( Engineers Group Ltd. 10 368,525 294,820 294,900 11 313,940 251,152 251,200 12 548,680 438,944 439,000 M/s Ernst & Young LLP 13 13 100,440 80,352 80,400 TOTAL of IUFR Claim No. - 5 10,255,625 8,204,500 8,205,000 (5 M/s Consulting Engineers Group Ltd. 02&03 2 5,222,155 4,177,724 4,177,700 Jainpur in association with TRL Ltd. U.K. to 01.10.2014 30.01.2015 7/6 M/s Deloitte Touche 8 8 7,555,113 6,044,090 6,044,100 Tohmatsu India (P) Ltd. I_I _ I M/s Consulting 9 9 5,438,898 4,351,118 4,351,200 Engineers Group Ltd. J54,,11,12 TOTAL of IUFR Claim No. - 6 18,216,166 14,572,933 14,573,000 (_ S.D. Baveja I Registrar IIT Delhi 4 4 390,000 312,000 312,000 M/s Consulting 9 9 7 / 01.01.2015 3,630,450 2,904,360 2,904,300 Engineers Group Ltd. to 31.03.2015 30.04.2015 8/7 11 63,988 51,190 51,100 .11/s Ernst & Young LLP 13 13 2,013,264 1,610,611 1,610,600 TOTAL of IUFR Claim No. - 7 6,097,702 4,878,162 4,878,000 1 GRAND TOTAL 39,172,140 31,337,712 31,338,000 (21 GM (F&A) GM (F&A) (Audit Officer/Government Audit) Statement of Expenditure for the Financial year 2014-15 of WBTA Loan No:7980-IN (Consultant wise) Borrower IRounded Expenditure Amount Claimed Amount Claimed C Itant Name WBTA No. control IUFR Claim Ref. RFlWA (WBR) No. NoJPerIod Date. Claim no Incurred (80%) Rounded off Dffne .( 3 4 :2 5 8 7 8 9 10 MIs JPS Assoclates (P) 5 0107 2910 2014 6/5 431,298 345,038 345,000 38 Total Payment of WBTA 01 758,25 608 6000 20 4 1/01042014 to 30-06 2014 2308.2014 514 4,187,103 3349,682 3,349J700 18) Mis Consufting Engineers Group Ltd. JaInpur In association 5101.072014 to 30.09.2014 29.10.2014 6/5 392425 313,931 36.900 40 with TRIL Ltd. UXK. 1t.t 61 0.03.2015 .4.21 01.102014 to 30,01,20154 6 / 900 .,222155 320 4 177,724 1,0 4.17,700 24 Total Payment of WBTA 02 &03 9,955,422 7 ,964,300 37 4/01 042014 S.D. Bavtelae 4 4 I 7/00.012014 130042015 8/7 390,000 312,000 312,000 - Ltd. [3.22014 Total Pament of WBTA 05 29o101201401/ 5,2 0,80 6680 2 6 291107201406/ 01.07 7 5 6 313,900 50 T 30 09L20 4 29.10 4 8392, 425 313,940 40 202014 ofWBT Totl amen 06392,425 313,940 3 ,90 40 Tngier G pd.. 01.1to30.20141 30.012015 76 2.309,323 1,847,458 Ltd. 30.092014 2910.2014 1,847,500 (42) 6/5 100,440 80 80,400 (8 ~ T ~ Total~~ meto 72309,323 1,847,458 1,847,500 (42) to 31.032015 13.08.2014 5/4 415,544 332,435 332,400 35 Mis Deloitte Touche TohmatsudIndia (P) - Total 8 PPayment of WBTA e 8 of WBTA 087 29___ 10,2014 ___ 6 5 ,7,9 ,5,780,352 9 80400 0 (3 100,440 (48) 61 01.10.2014 to 30.01 2015 7/6 7555,113 6,044,090 6094,100 (10) 31,12.2014 4/ 01.01 2015 Total Payment of WBTA 08 8,525 296,456,878 6,456,900 (23) T5/ 1o30.092014 2910.2014 615 4,591,603 3,673,282 (18) LtdT t/ 0.07 2014 3673,300 MWs Consulting 6/ Engineers Group Ltd. 9 9 01.10.2014 to 30,01.2015 7r6 5,438,898 4,351,118 4,351,100 18 31.12.2014 7/ 01.01.2015 o31 03.2015 01.072014 30.04.2015 8/7 3.630,450 2,904,360 2,904400 (40) Total Payment of WBTA 09 1 3e6, 3 951 10.928,761 10,928,800 (40) 5/01 072014 10 to 30.09 2014 29 10,2014 6/5 368,525 294,820 294,800 20 Total Payment of WBTA 12 368525 294,820 294,800 20 to 300912014 2910 2014 6/5 313,940 251,152 251,200 (48) 11 7/01.01.2015 to 31 03.2015 30.042015 8/7 632988 51,190 51,.200 (10) Total Payment of WBTA 11 377,928 5/ 01.07 2014 302s342 302,400 (58) MWsHIMS Ltd. In JV with SATRA 5/01 07 2014 Infrastructure 012 to 30 09 2014 29 102014 6/5 548,680 438,944 438,900 44 Management Services Pvt. Ltd. Total PyetoWBTA 12_______I ___ _____ 548,680 438,944 ______ 438,900 44 1 -- to 30 09 201429.10 2014 6/5 100,440 80,352 80,400 (48) M s Ernst & Youn g LLP J 5/01 01,2014 13 13 _- - - . 7/031012015 t31020530.04 2015 8/7 2,013 264 1 610,611 1,610,600 11 AtGM (F&A) (Audit OfficerlGovemment Audit) Name of the Project:WBTA Loan No: 7980-IN Statement of Sources and Application of Funds Report for the year ended 31st March, 2015 .__ ._......Annexure-1 Particulars Current Year Previous Years Project to Yea 2014-15 To 2013-14 (upto 2014-15 Opening Balance,(if Cash balances are controlled by the entity) (A) NA N.A NA Receipts Funds from Government Of India. 0 0 0 Funds from World Bank 0 0 0 Others (NHAI Funds) 39172140 13496332 52668472 Total Receipts (B) 39172140 13496332 52668472 Total Sources (C=A+B) 39172140 13496332 52668472 Expenditures on projects (D) 39172140 13496332 52668472 Total Expenditures 39172140 13496332 52668472 Closing Balance, (if cash balance are controlled by 0 0 0 DG M (F&A) GM (F&A) (Audit Officer/Government Audit) Name of the Project: WBTA LoanNo:7980-IN Reconciliation of Claims to Total Application Funds Report for the year ended 31 March, 2015 ____ ____ ___ ____ _______ ____ ___Annexure ___ Amount in INR Particulars Schedules Current Year Previous Years Project to Yea 2014-15 TO 2013-14 (upto 2014-1i Bank Funds claimed during the year (A) 31,338,000 10,796,900 42,134,9C Total Expenditure made during the year (B) 39,172,140 13,496,332 52,668,47 Less: Outstanding AC Bills (C) 0 0 0 Ineligible expenditures (D) 0 0 0 Expenditures not Claimed (E) 0 0 0 Total Eligible Expenditures Claimed (F=B-C-D-E) 39,172,140 13,496,332 52,668,47 World Bank Share @ 80 % of (F) above (G) 31,337,712 10,797,066 42,134,77 Add: Rounding off difference (288) 166 12 Total of World Bank Share 31,338,000 10,796,900 42,134,90 -) GM (F&A) (Audit OfficerlGovernment Audit)