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Web a special intended vehicle (spv), also called a extraordinary target entity (spe), is a subsidiary created by a parent corporation to isolate its financial risks. Direct ownership of a specific asset; Web special purpose vehicles (spvs) are legal instruments, widely employed in infrastructure megaprojects.
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Experienced property developers will often set up a new spv. You are a special purpose vehicle (“spv”) if you have formed (or will form) a new legal entity for the purpose of bidding for this contract,. It is a legal entity created for a limited.
