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Advisory · 2026-08
Most Indian public projects do not lack a governance framework. They lack one agreed before the first liability was incurred, with thresholds matching the rules the sanctioning authority is actually bound by. This report sets out how to stand up project, programme and steering tiers at inception, grounding every threshold, tolerance and reporting frequency in published rules — the General Financial Rules 2017 as consolidated to 31 January 2026, the Delegation of Financial Powers Rules 2024, the Department of Expenditure appraisal guidelines and the CPWD Works Manual — and separates what those documents require from what they merely recommend.
Part of AECS Research Global's publications programme — drawing on ARG's work across cost management, EPC advisory and integrated project delivery. Download the full report below.