Government of India
Ministry of Finance
Department of Expenditure
Chief Adviser Cost
For Hindi
Completion of APARs for the year 2017-18 NO MANUAL ACCPETANCE OF APAR - FROM YEAR 2017-18 ONWARDS
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Allocation of Business
"Advice to Ministries and Government Undertakings
on Cost Accounts matters and attend to Cost
Investigation work on their behalf."
 


  Function of the office of Chief Adviser Cost
  • Advising Central Government Ministries/Departments/ Organizations on Price/Cost related issues, in fixing fair prices for various services/products on reference basis.

  • Examination/Verification/Vetting of claims between Government Departments/Public Sector undertakings and suppliers arising out of purchase contracts.

  • Unit specific as well as industry level studies for determining cost and to determine reasonableness of prices charged/ fair prices and making recommendations for fair prices/rates for products and user charges for services, revision of these charges etc.

  • Functioning as Chairman/Members of Committees constituted by Government and different Departments related to Cost/ Financial and Pricing matters.

  • Subsidy determination and verification of claims.

  • Cost Accounting System for departmental undertakings/Autonomous bodies.

  • Time and Cost Overrun of major projects.

  • Members in various Revised Cost Committee (RCC) for Projects/ Schemes in different Ministries/Departments.

  • Cadre Management of Indian Cost Accounts Service.