This content is from: Features

What to ask when bidding for SPC projects

Construction companies are often not used to dealing with special purpose companies (SPCs) on large infrastructure projects. When it comes to negotiating a contract on such a project, they need to ask the right questions to find out, among other things, about the commitments the SPC has obtained for required debt and equity. Robert Vitale of Cadwalader, Wickersham & Taft, New York, answers the key questions

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