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Chapter 14 Cost Certification 14.1 Projects that Must Certify Cost certification is required by the National Housing Act and Regulations for all insured multifamily projects processed by MAP Lenders
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What is chapter 14 cost certification?
Chapter 14 cost certification is a process to verify the costs incurred by a project and ensure they are in compliance with regulations and guidelines.
Who is required to file chapter 14 cost certification?
Contractors and grantees who receive federal funding for construction projects are required to file chapter 14 cost certification.
How to fill out chapter 14 cost certification?
Chapter 14 cost certification is typically filled out by providing detailed information about the project costs, including labor, materials, and overhead expenses.
What is the purpose of chapter 14 cost certification?
The purpose of chapter 14 cost certification is to ensure that the costs reported by contractors and grantees are accurate and reasonable.
What information must be reported on chapter 14 cost certification?
Information such as labor costs, materials costs, overhead expenses, and any other relevant project costs must be reported on chapter 14 cost certification.
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