Instruction for Consortium Agreement 2025

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A consortium is a group made up of two or more individuals, companies, or governments that work together to achieving a common objective. Entities that participate in a consortium pool resources but are otherwise only responsible for the obligations that are set out in the consortiums agreement.
What does Consortium agreement mean? An agreement for the purpose of submitting a joint tender response, with a commitment to set up a special purpose vehicle for the purpose of the tender, if successful.
For example, the GENIVI Alliance, now called COVESA, is a not-for-profit consortium between different car makers in order to ease building an In-Vehicle Infotainment system. Another example is the World Wide Web Consortium (W3C), which is a consortium that standardizes web technologies like HTML, XML and CSS.
A financial aid consortium agreement is a binding agreement between eligible schools that allows a student enrolled in a degree-granting or certificate program at one institution (the Home School) to study at and receive credit from a Host Institution for a limited time (usually one or two semesters).
The purpose of the Consortium is: to carry out the Project and to produce the Deliverables as described under the heading Subject of the Consortium Agreement above; to seek additional funding for the development and exploitation of the Deliverables of the Project.
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The Grant Agreement outlines the rights and obligations related to the project between the beneficiaries and the European Commission. In contrast, the Consortium Agreement addresses the rights and obligations among the beneficiaries themselves.
Consortium means much more than mere sexual relation and consists, also, of that affection, solace, comfort, companionship, conjugal life, fellowship, society and assistance so necessary to a successful marriage.

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