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The Auditor General’s Report for 2006 has revealed a number of financial discrepancies, such as the overpaying of contractors for various projects amounting to millions of dollars.One such inconsistency identified was the fact that the Education Ministry has still not resolved the issue concerning the apparent overpayment of $32M on the construction of the male dormitory at President’s College. This matter is engaging the attention of legal authorities.This contract, according to the report, was awarded to the sum of $78.894M. The original completion date was December 29, 2005.Two extensions were granted,China Jerseys, and a new completion date was set for 29 July 2006. This deadline also was not met.Physical verification carried out by the Office of the Auditor General and rechecked by the Social Impact Amelioration Programme (SIMAP) revealed that the contractor was overpaid amounts of approximately $32M, resulting from payments to the contractor exceeding the actual works found at the time of inspection.The circumstances giving rise to an overpayment of such magnitude could not be determined, but it did appear that the management and supervision of the contract was negligent.The ministry has also still not recovered overpayments of $178,000 on the rehabilitation of the GITC building; $704,000 on the renovation of the library building, and $12.142M on the construction of a science laboratory at the University of Guyana.It was noted that included in the overpayment for the construction of a science laboratory at UG is an amount of $7.907M, which was included by the consultant for variation in rates that had already been paid, while $2M, as explained by the consultant,China NFL Jerseys, was paid for land.However, no documentation was provided for audit for this payment for land; and, as such, the auditor was unable to verify the accuracy of the payment.The remaining amounts were paid to the contractor to maintain a presence on site.It was explained by the Head of the Budget Agency for the Ministry of Education that an agreement had been worked out with the contractor for the recovery of overpayment of $7.907M.The ministry wrote the contractor in May 2007 requesting that the overpayment be repaid, and the contractor replied, agreeing to repay the amount, but subsequently wrote in June 2007 stating that the company was experiencing cash flow problems and that the amount would be repaid as soon as their cash flow problem was rectified.In relation to the rehabilitation works to East Ruimveldt Secondary, this contract was awarded to the lowest of ten bidders in the sum of $5.734M during the year 2006.An examination of the bid documents revealed that the lowest bidder had initially bid $11.02M (highest bid at the time of opening) but this amount was corrected to $5.734M, whilst the engineer’s estimate was $7.335M.There was an approved variation of $2.021M, taking the revised project cost to $7.755M. As at 31 December 2006,Cheap NFL Jerseys, the contractor was paid amounts totalling $7.041M, but physical verification revealed that there was an apparent overpayment totalling $239,NFL Jerseys Discount,800 on the floor boarding.The actual quantity found was 1150 square yards, while the ministry paid for 2240 square yards.The ministry explained to the Auditor General that the Head of the Budget Agency acknowledged the finding and indicated that he would investigate same with a view to recovering the amount overpaid.It was recommended that the ministry promptly investigate this matter and aggressively follow up with the contractors to recover the overpayment made,Wholesale Jerseys, and institute appropriate measures to avoid any recurrence.Accounts for the University of Guyana’s Berbice Campus revealed the sum of $28M was allocated for the purchase of text books and furniture.The sum was expended in relation to the purchase of text books, but the contract was awarded by sole sourcing in the sum of US$13,467 equivalent to approximately $2.779M.A bank draft was prepared and sent to the supplier in September 2006, but audit checks revealed that none of the books was delivered.Additional checks revealed that, in November 2007, the supplier claimed that the draft was never received,Wholesale China Jerseys, and, as such, no order could have been processed.The ministry wrote the bank earlier this year to stop the draft and to process a new one. However, it was observed that while the amount of US$13,467 mentioned above was paid to the bank, the draft was only processed for US$9,056, with the difference of US$4,411 being refunded and paid over to revenue.The ministry’s response to the issue was that the new draft processes were also misplaced, and the matter is being investigated.The Audit Office recommended that the ministry pursue the matter urgently and, if necessary, inform the police for further investigation.