Procurement glossary

Consortium / Joint Venture (JV)

A team of firms bidding together to combine capabilities and meet a tender's eligibility and capacity requirements.

In depth

Firms form a consortium or JV when no single member qualifies alone — combining experience, classifications, bonding capacity, or local presence. The structure and scope split must satisfy the tender rules.

How Bid.Guide helps

Bid.Guide's partner matching finds complementary firms and a consortium builder checks combined eligibility against the tender.

Free new-tender digest

A periodic round-up of new tenders in your market. Just your email — no signup.

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