Comptroller & Auditor General of India (CAG)

IIM Mumbai

3rd Specialized Capacity-Building Programme

on

Strengthening Audit Oversight of Public Private Partnerships through Case Studies

for

Senior CAG Officers

Background

Public Private Partnerships (PPP) have become a critical instrument for the delivery of infrastructure and public services across sectors such as transport, water, sanitation, energy, and municipal services in India. While PPPs are intended to improve efficiency and service quality, they also involve long term contractual commitments, complex risk allocation structures, fiscal obligations, and contingent liabilities that demand careful audit oversight.

For officers of the Comptroller and Auditor General of India (CAG), an in depth understanding of PPP frameworks, concession agreements, payment mechanisms, and post award contract management is essential for assessing economy, efficiency, effectiveness, and value for money. This training programme has been designed to strengthen audit capacity through structured learning based on real world PPP case studies from across India.

This five-day advanced training program equips senior officers of the Comptroller and Auditor General of India (CAG) with the knowledge and tools needed to review PPP projects across their entire lifecycle. The program integrates conceptual sessions, case analyses, global best practices, legal perspectives, and hands-on audit exercises to provide a comprehensive understanding of PPP implementation and audit requirements.

Cities Forum will serve as a key knowledge partner to IIM Mumbai for this specialized program, bringing deep expertise in urban governance, infrastructure planning, and global PPP best practices. Their contribution will enrich the curriculum through international perspectives, practical frameworks, and practitioner insights that strengthen the audit orientation of the participants. This collaboration enhances the program’s value by integrating real-world knowledge, and innovative approaches to PPP oversight.

Objectives

The programme aims to:

  • Extant guidelines and instruction from MoF/NITI Aayog on adoption of PPPP/VGF
  • The type of cases which fall under this definition in usual cases
  • Develop a clear understanding of different PPP models and concession structures
  • Strengthen the ability to identify key audit risks across the PPP project lifecycle
  • Examine sector specific PPP challenges through detailed case studies
  • Enhance understanding of fiscal commitments, annuity payments, contingent liabilities, and renegotiation risks
  • Equip participants with a structured audit lens for reviewing PPP contracts and project performance

Training Approach

The programme follows a case study driven and practice-oriented approach, combining:

  • Conceptual sessions on PPP fundamentals and concession agreements
  • Sector specific case studies led by practitioners and domain experts
  • Structured discussions focused on audit implications and lessons learned
  • Daily case study assignments to reinforce application of audit concepts
  • Group presentations to synthesize learning across sectors
Each session is organized around a specific thematic focus, progressing from PPP fundamentals to complex municipal and utility PPPs, and concluding with application and synthesis.

Key Learning Outcomes:

By the end of the programme, participants will be able to:

  • Interpret PPP concession agreements from an audit perspective
  • Identify financial, contractual, and performance related risks in PPP projects
  • Assess value for money and fiscal exposure arising from PPP arrangements
  • Understand causes and implications of contract amendments and renegotiations
  • Apply a consistent audit framework across multiple PPP sectors

Participants and Duration:

Participants Profile

Directors, Accountant Generals, Group Officers and SAOs/AAOs of the Comptroller and Auditor General of India

Schedule and Duration

2nd February, 2026 – 6th February, 2026 - 5 Days (Monday to Friday)


Timing

09:30 AM – 6:00 PM

India Standard Time (IST)

 

Programme Schedule

Our Knowledge Partner: CITIES FORUM

Glimpses of the Previous Batch

1st Batch (05.05.2025 -09.05.2025)

Specialized Capacity-Building Programme
for
CAG Officers
on

Inventory, Logistics & Supply Chain Management
through an Auditing Lens: Oil & Gas Sector

2nd Batch (01.09.2025 -05.09.2025)

Specialized Capacity-Building Programme
for
CAG Officers
on

Principles, IT Tools & Data Analytics in
Inventory Management and Supply Chain Logistics