MARF Projects

Completed Projects

List of Completed Projects by ICMAI MARF:

S. No.	Project Name
1.	Performance Costing System in Indian Railways. Project comprises of comprehensive study of existing costing system in Indian Railways; proposing a suitable up-gradation of the existing system and suggest a detailed costing framework as an extension to the existing IT Application based on Activity Based Costing (ABC) for various Passengers and Freight Services, Line of Business, Line of Services, Segments of Services etc.
2.	Implementation Manual – Performance Costing System in Indian Railways.
3.	Pilot Run of Performance Costing System at Delhi and Ambala Divisions of Northern Railway - Study on Costing of Kalka Shatabadi Train.
4.	Pilot Study and Recommendation of Workshop Costing in Indian Railways.
5.	Pilot Study on Activity Cost Centres and Recommendation thereof for Delhi Division, Northern Railway.
6.	Pilot Study on Cost of Social Service Obligations for Northern Railway and recommendation of what could be treated Social Obligations and what not.
7.	Advised on Modernized Costing System for devising a costing system for tariff fixation, segmented report of cost for premium products, foreign mails, agency services (such as savings bank, cash certificates, PLI, Pension Payments etc.) and traditional services offered by the Department of Posts, Ministry of Communication, GOI based on Marginal Costing and Activity Based Costing Systems.
8.	To finalise the impact of GST on Real Estate projects of NBCC w.r.t. Anti-profiteering provisions of GST Law.
9.	Cost Rationalization in Project Reports of Coal India Limited
10.	Development of Integrated Spares Forecasting and Pricing Models for Hindustan Aeronautics Ltd. (HAL).
11.	Review of Pricing Policy at Central Mine Planning & Design Institute Limited (CMPDIL).
12.	Assist AERA in reviewing, analysing, and validating tariff proposals for first control period (till March 2016) and issue of consultation paper of MTY Tariff for 6 Airports namely Ahmedabad, Calicut, Lucknow, Guwahati, Jaipur & Trivandrum as consultant to Airports Economic Regulatory Authority of India (AERA) Project awarded by Airports Authority of India (AAI)
13.	Study of Pricing Methodology of Bank Notes for Department of Economic Affairs, MoF.
14.	Allocation of Assets and efficient operation and maintenance cost in respect of IGI Airport, New Delhi. [DIAL]
15.	Allocation of Assets and efficient operation and maintenance cost in respect of CSI Airport, Mumbai.[MIAL]
16.	Fixation of fee/charges for Testing of Biological Products for National Institute of Biologicals.
17.	Finalization of Transfer Price of Coal from Ardhagram Coal Block for Coal India Limited.
18.	Study of Methodology of Costing pattern for Underground mines of Coal India Limited.
19.	Transfer Pricing of Raw Coal to Washeries of Bharat Coking Coal Limited.
20.	Vetting Cost Accounting Policy and Scope of Work of Cost Auditor for CIL
21.	Ease of Doing Business project for Ministry of Corporate Affairs.
22.	Implementation of Indian Accounting Standards (IND ASs) in THDC (India) Limited.
23.	Preparation of Proposal document, evaluation of quotes/proposal received for empanelment of Banks for Investment of Surplus Funds of DFCCIL.
24.	Verification and Re-Calculation of Interest Amount submitted by Union Bank of India to DFCCIL
25.	Report on Evaluation of Bids received for the work of “Internal Audit of DFCCIL”.
26.	Indian Railways (Railway Board- Ministry of Railways)- Performance Costing System in Indian Railways. Project comprises of comprehensive study of existing costing system in Indian Railways; proposing a suitable up-gradation of the existing system and suggest a detailed costing framework as an extension to the existing IT Application based on Activity Based Costing (ABC) for various Passengers and Freight Services, Line of Business, Line of Services, Segments of Services etc.”.
27.	Indian Railways (Railway Board- Ministry of Railways)-Implementation Manual – for implementation of Performance Costing System in Indian Railways.”.
28.	Indian Railways (Railway Board- Ministry of Railways)- Pilot Run of Performance Costing System at Delhi and Ambala Divisions of Northern Railway - Study on Costing of Kalka Shatabadi Train.”.
29.	Indian Railways (Railway Board- Ministry of Railways)- Indian Railways (Railway Board- Ministry of Railways)- Pilot Study of Workshop Costing in Indian Railways.”.
30.	Indian Railways (Railway Board- Ministry of Railways)- Pilot Study on Activity Cost Centres for Delhi Division, Northern Railway.”.
31.	Indian Railways (Railway Board- Ministry of Railways)- Pilot Study on Cost of Social Service Obligations for Northern Railway and recommendation of what could be treated Social Obligations and what not..”.
32.	Artificial Limbs Manufacturing Corporation of India (ALIMCO)- PSE Professional study on the Costing system in the Rehabilitation Aids and Appliance Industry, Inter-firm Comparisons and Norms of Cost Structure prevalent in the Industry in which the corporation operates. .”.
33.	Department of Posts (DoP)- Ministry of Communication- Advised on Modernized Costing System in devising a costing system for tariff fixation, segmented report of cost for premium products, foreign mails, agency services (such as savings bank, cash certificates, PLI, Pension Payments etc.) and traditional services offered by the Department of Posts, Ministry of Communication, GOI based on Marginal Costing and Activity Based Costing Systems.”.
34.	Coal India Ltd- Cost Rationalization of Coal India Limited.”.
35.	Coal India Ltd- Finalization of Transfer Price of Coal from Ardhagram Coal Block for Coal India Limited..”.
36.	Coal India Ltd- Study of Methodology of Costing pattern for Underground mines of Coal India Limited.”.
37.	Coal India Ltd- Transfer Pricing of Raw Coal to Washeries of Bharat Coking Coal Limited.”.
38.	Coal India Ltd- Vetting Cost Accounting Policy and Scope of Work of Cost Auditor for CIL.”.
39.	Hindustan Aeronautics Ltd. (HAL)- Development of Integrated Spares Forecasting and Pricing Models for HAL..”.
40.	Central Mine Planning & Design Institute Limited (CMPDIL)- Reviewed Pricing Policy of CMPDIL..”.
41.	Airport Economic Regulatory Authority (AERA) - Review, analysis, and validation of tariff proposals of Airport Authority of India for 1st control period (till March 2016) .”.
42.	Airport Economic Regulatory Authority (AERA)- Consultation paper of MTY Tariff for 6 Airports namely Ahmedabad, Calicut, Lucknow, Guwahati, Jaipur & Trivandrum as consultant to Airports Economic Regulatory Authority of India (AERA) Project awarded by Airports Authority of India (AAI).”.
43.	Airport Economic Regulatory Authority (AERA)- Allocation of Assets and efficient operation and maintenance cost in respect of IGI Airport, New Delhi. [DIAL].”.
44.	Airport Economic Regulatory Authority (AERA)- Allocation of Assets and efficient operation and maintenance cost in respect of CSI Airport, Mumbai. [MIAL].”.
45.	Airports Authority of India (AAI) for “Study of Methodology, allocation process, Cost Drivers/ Ratios used to Allocate Common/ Indirect Cost of CHQ and RHQ expenses for F.Y 2016-17, 2017-18, 2018-19, 2019-20 & 2020-21 and preparation of CHQ & RHQ allocations for the F.Y 2021-22 and recommend the best industry practice regarding cost drivers to be used for allocation of common expenses in the Aviation Industry- etc.”.”.
46.	Security Printing & Minting Corporation of India Ltd. (SPMCIL)- Study of Pricing Methodology of Bank Notes for Department of Economic Affairs, MoF.”.
47.	NBCC (India) Ltd- Working out the impact of GST on Lucknow Real Estate projects of NBCC w.r.t. Anti-profiteering provisions of GST Law for various Sites- Lucknow.”.
48.	NBCC (India) Ltd- Working out the impact of GST on Bhubaneswar Real Estate projects of NBCC w.r.t. Anti-profiteering provisions of GST Law..”.
49.	NBCC (India) Ltd- Working out the impact of GST on Kolkata Real Estate projects of NBCC w.r.t. Anti-profiteering provisions of GST Law..”.
50.	NBCC (India) Ltd- Working out the impact of GST on Kochi Real Estate projects of NBCC w.r.t. Anti-profiteering provisions of GST Law..”.
51.	National Institute of Biologicals (NIB) -Fixation of fee/charges for Testing of Biological Products for NIB..”.
52.	DFCCIL- Preparation of Proposal document, evaluation of quotes/proposal received for empanelment of Banks for Investment of Surplus Funds of DFCCIL..”.
53.	THDC (India) Limited- Implementation of Indian Accounting Standards (IND ASs) in THDC (India) Limited..”.