🇮🇳India

अनुपालन दंड (Compliance Penalties)

3 verified sources

Definition

EVMS is government-mandated for major A&D contracts; non-compliance with reporting standards leads to audit failures, contract disputes, and fines in regulated MoD procurement.

Key Findings

  • Financial Impact: ₹1-5 lakh per audit finding; up to 10% contract value in penalties for EVMS failures (logic: min statutory under DAP; typical 2-5% loss)
  • Frequency: Quarterly/annual MoD audits
  • Root Cause: Manual data handling without integrated systems violating ANSI/EIA-748 standards

Why This Matters

The Pitch: Indian defense firms risk ₹1-5 crore in audit penalties annually from EVMS non-compliance. Automation ensures DCAA/DAP adherence without manual errors.

Affected Stakeholders

Compliance Officers, Audit Teams, DPSU Managers

Deep Analysis (Premium)

Financial Impact

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Current Workarounds

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Methodology & Sources

Data collected via OSINT from regulatory filings, industry audits, and verified case studies.

Evidence Sources:

Related Business Risks

लागत अतिदान (Cost Overrun)

₹10-50 crore per major contract in overruns due to undetected variances; 2-5% of project budget lost to manual delays (typical for ₹50-500 crore revenue firms)

क्षमता हानि (Capacity Loss)

20-40 hours/month per project at ₹2,000/hour engineer rate (₹40,000-80,000/month loss); 15-25% EBITDA erosion for ₹50-500 crore firms

परिवर्तन नियंत्रण में देरी से लागत वृद्धि

₹250 crores funding cap exceeded by overruns; 20-30% project delays adding 15-25% to costs

बदलाव प्रबंधन में खाली क्षमता हानि

15-25% capacity loss; months of idle equipment per delayed program

परिवर्तन दृश्यता की कमी से निर्णय त्रुटियाँ

10-20% cost escalation from bad decisions; 6-12 months decision delays

निर्माण लागत निर्धारण त्रुटियाँ

₹10-50 lakhs per audit adjustment for misallocated overheads (2-5% of project costs); 20-40 hours/month manual reconciliation

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