"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

O/o Chief Adviser Cost is rendering advice to the Central Government Ministries/Departments/ Organizations on complex Price/Cost related issues and financial matters which covers a wide spectrum of sectors/areas. O/o CAC is currently engaged in the following major thrust areas :

• Vetting of claims under Price Support Scheme, Market Intervention Scheme and Price Stabilisation Fund for Perishable Agriculture produce and Cereals submitted by Implementing Agencies and State Governments.
• Determination /fixation of fair prices of the products and services supplied/rendered by PSUs to the Government.
• Subsidy payable to Northern Railway for Catering Units functioning in Parliament House and PMO.
• Representing in Revised Cost Committee of the various Ministries and Departments to identify the specific reasons behind time and cost overrun of projects and schemes.
• Participating in EFC/PIB and other Inter-Ministerial Committees.
• Time and Cost Overrun of major projects.
• Examination of cost estimates, evaluation of the financial feasibility and other financial parameters of the High value Infrastructural Projects like Rail, Highways, Power, Education Sector etc. referred by DoE.
• ICoAS Cadre Management and related administrative issues - it broadly encompasses Recruitment, Posting/Transfer, Promotions and Training requirements of ICoAS Officers.