Is the absorbance value of validation criteria for a commercial ELISA kit referring to raw absorbance value (450nm) or adjusted absorbance value (450nm-620nm)?
It's raw absorbance value. For most of the kits, if you want to measure kinetic (i.e development without the stop solution) you should read at 600nm, and after adding the stop solution the absorbance switches to 450nm. If for some reason you are not able to set precise values you can use closest value possible. As long as you have standards and blank in your microplate you should be good