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Business
Audit Reveals ₹10 Lakh Overpayment to Contractor by Jammu & Kashmir R&B
✍️ Kashmir Life
🗓 08 Oct 2026, 08:37 PM
👁 17
An audit has identified a ₹10 lakh excess payment made to a contractor by the Jammu & Kashmir Roads and Buildings department.
An audit conducted by the state’s financial oversight body has flagged an excess payment of ₹10 lakh to a contractor by the Jammu & Kashmir Roads and Buildings (R&B) department.
The overpayment was identified during a routine review of the department’s procurement records, which revealed that the contractor received a sum that exceeded the agreed contract amount.
The discovery raises concerns about the department’s payment controls and could prompt a reassessment of its procurement procedures.
Officials have said that an internal investigation is underway to determine how the discrepancy occurred and whether any corrective action is required.
The audit report will be submitted to the state government for further review and possible remedial measures.
The overpayment was identified during a routine review of the department’s procurement records, which revealed that the contractor received a sum that exceeded the agreed contract amount.
The discovery raises concerns about the department’s payment controls and could prompt a reassessment of its procurement procedures.
Officials have said that an internal investigation is underway to determine how the discrepancy occurred and whether any corrective action is required.
The audit report will be submitted to the state government for further review and possible remedial measures.