Completion Report
The object of a completion Report is to compare the cost of work actually constructed with those provided in the last sanctioned estimate. The completion report of a project duly verified by the Accounts Officer should be submitted to the Railway Board within 18 months after the end of the financial half-year in which the completion estimate is submitted. It should state the expenditure in the same details as the abstract estimate sanctioned by the Railway Board and should indicate any material modifications thereto. In addition it may contain such other information as would in the opinion of the Railway Administration be of interest to the Railway Board.
The completion report should be prepared in the following form and brief explanations should be furnished for:-
Excess of not less than 10 percent or Rs. 25,000 whichever is less over the estimated provision under each sub-work. Saving of not less than 20 percent or Rs. 1.00 lac whichever is less, occurring under any sub-work.
