SECTION 202 AND SECTION 811- DEVELOPMENT TEAM REFERENCE GUIDE
For Project Development and Preservation
Richard Silverblatt Associates, Inc.
Requisition meetings are typically scheduled monthly at the project site, and should be attended
by the general contractor, the project architect and representatives of the sponsor/owner.
At a scheduled meeting to review the progress of construction work completed, the general
contractor submits the Contractor's Requisition, Project Mortgages, Form HUD-92448 (often
referred to as the 2448), to the project architect, the HUD inspector, and owner/sponsor and their
representatives for review. Typically, the meeting includes a walk-through of the construction
site. The project architect and HUD inspector will evaluate the completed work to verify the
contractor's requisition. The meeting also provides an opportunity for the general contractor to
receive comments or corrections. There may be other inspections that are scheduled but do not
include the submission and review of the general contractor's requisition for a progress payment.