(1) The executive agency shall furnish the progress report, expenditure report and utilisation certificate as specified in clause (b) of sub-rule (1) of rule 8.
(2) In the case of State Roads of economic importance and inter-State connectivity, copy of the quarterly progress report and the monthly expenditure report submitted to the Central Government in Form-II and Form III shall be endorsed to such other officer by the concerned Chief Engineer of the executive agency.
(3) The accounts of the fund shall be audited by the Comptroller and Auditor General of India at such intervals as may be specified by him.
(4) The physical progress as well as expenditure shall be reviewed and discussed with executive agency on quarterly basis by the Central Government.
(5) The executive agency shall send completion report or certificate duly verified by the audit as soon as the works are completed and positively within a period of three months from the date of completion of the works, failing which no further works shall be sanctioned to the concerned State or 16 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(i)] Union territory till the requisite completion report or certificate in respect of such completed works is received by the Central Government.