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.
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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.
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