A temporary association of two or more legally and financially independent organisations that collaborate to pursue a specific business objective, such as bidding for or delivering a contract. Members of a consortium combine their expertise, resources, capabilities, or capacity to meet customer requirements that may be difficult for a single organisation to fulfil alone. Depending on the arrangement and applicable procurement rules, consortium members may submit a joint bid and share responsibility for contract delivery while remaining separate legal entities. Consortia are commonly used in large, complex, or multidisciplinary procurements where complementary skills and experience improve competitiveness and delivery capability.
Consortium
A temporary association of independent organisations that collaborate to bid for or deliver a contract while remaining separate legal entities.
Useful Links
Related articles
BD, capture and proposal alignment is something most organizations believe they already have, until a deadline exposes where it breaks. At WPS, a Health Solutions Company, the three functions were moving in parallel but not in sync, and the cost was showing up long before anyone started writing.
Casual drinks with the people who win federal business. Alongside AFCEA LA Space Industry Days.
Related Glossary Terms
The official compilation of permanent U.S. federal laws, providing the statutory basis for many contracting requirements.
A global classification system used to categorize products and services for procurement and spend analysis.
A unique 12-character identifier assigned via SAM.gov to organizations doing business with the federal government, replacing the DUNS number.
See how VisibleThread transforms
t your RFP process.
t your RFP process.