Construction consortium - Revision history

Designing Buildings: moved Consortium to Construction consortium

2024-07-14T05:56:57Z

moved Consortium to Construction consortium

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Revision as of 05:56, 14 July 2024

Designing Buildings at 05:56, 14 July 2024

2024-07-14T05:56:34Z

← Older revision		Revision as of 05:56, 14 July 2024
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		+	A consortium is a group of companies or other entities that come together to undertake one or more specific construction projects. They collaborate by pooling their resources, expertise, and capabilities, typically to deliver complex or large-scale projects that might be beyond the capacity of a single organisation. A consortium is formed to leverage the strengths of each member and is often used in large infrastructure projects, such as highways, railways, airports, and large public works, where multidisciplinary expertise and substantial resources are required. Forming a consortium allows companies to share resources and expertise, mitigate individual risks, and improve their chances of successfully delivering large and complex projects.
		+
		+	The members of a consortium share both the risks and the rewards associated with the project. This can include sharing costs, liabilities, and profits based on the terms agreed upon in the consortium agreement. Once the project is completed, the consortium may be dissolved, or its members might choose to collaborate on future projects.
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		+	A consortium can include a variety of participants such as construction companies, engineering firms, architects, financial institutions, and specialised subcontractors. This diversity allows the consortium to tackle different aspects of the project effectively. The collaboration is governed by a consortium agreement, which outlines the roles, responsibilities, contributions, and shares of each member. It also details how decisions are made, how profits and losses are distributed, and how disputes are resolved.
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		+	The legal structure of a consortium can vary. It can be a joint venture, a partnership, or another form of legal entity, depending on the preferences of the members and the requirements of the project.
		+
	The [http://eu.wiley.com/WileyCDA/WileyTitle/productCd-1405129719.html Code of Estimating Practice], seventh edition, published by the Chartered Institute of Building (CIOB) in 2009 suggests that a consortium is:		The [http://eu.wiley.com/WileyCDA/WileyTitle/productCd-1405129719.html Code of Estimating Practice], seventh edition, published by the Chartered Institute of Building (CIOB) in 2009 suggests that a consortium is:

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	\| The group of private sector participants who have come together for the purposes of tendering for a private finance initiative (PFI) contract. Also becomes a Special Purpose Company (SPC) or Special Purpose Vehicle (SPV). The generic term is project company, which is established by the preferred tenderer and is the contracting party for the project.		\| The group of private sector participants who have come together for the purposes of tendering for a private finance initiative (PFI) contract. Also becomes a Special Purpose Company (SPC) or Special Purpose Vehicle (SPV). The generic term is project company, which is established by the preferred tenderer and is the contracting party for the project.
	\|}		\|}
−
−	~~--[[User:CIOB\|CIOB]]~~

	NB [https://www.richmond.gov.uk/media/5442/glossary_of_procurement_terminology_2.pdf Glossary of procurement terminology, A guide for suppliers], Published by the [https://www.designingbuildings.co.uk/wiki/London London] Borough of Richmond upon Thames in April 2012, defines a consortium as: ‘An unincorporated group of firms or individuals, often formed to tender for a contract with a view to forming a company or working in some other way in the event of winning.’		NB [https://www.richmond.gov.uk/media/5442/glossary_of_procurement_terminology_2.pdf Glossary of procurement terminology, A guide for suppliers], Published by the [https://www.designingbuildings.co.uk/wiki/London London] Borough of Richmond upon Thames in April 2012, defines a consortium as: ‘An unincorporated group of firms or individuals, often formed to tender for a contract with a view to forming a company or working in some other way in the event of winning.’

−	= Related articles on Designing Buildings ~~Wiki~~ =	+	= Related articles on Designing Buildings =

	* Business model.		* Business model.

Designing Buildings at 07:42, 22 November 2020

2020-11-22T07:42:27Z

← Older revision		Revision as of 07:42, 22 November 2020
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	* Types of construction organisations.		* Types of construction organisations.

−	[[Category:Contracts_/_payment]] [[Category:Cost_/_business_planning]] [[Category:Procurement]] [[Category:Roles_/_services]]	+	[[Category:DCN_Definition]] [[Category:Definitions]] [[Category:Contracts_/_payment]] [[Category:Cost_/_business_planning]] [[Category:Procurement]] [[Category:Roles_/_services]]

Designing Buildings at 12:59, 23 April 2020

2020-04-23T12:59:09Z

← Older revision		Revision as of 12:59, 23 April 2020
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	--[[User:CIOB\|CIOB]]		--[[User:CIOB\|CIOB]]

−	~~= Find out more =~~	+	NB [https://www.richmond.gov.uk/media/5442/glossary_of_procurement_terminology_2.pdf Glossary of procurement terminology, A guide for suppliers], Published by the [https://www.designingbuildings.co.uk/wiki/London London] Borough of Richmond upon Thames in April 2012, defines a consortium as: ‘An unincorporated group of firms or individuals, often formed to tender for a contract with a view to forming a company or working in some other way in the event of winning.’

−	=== Related articles on Designing Buildings Wiki ===	+	= Related articles on Designing Buildings Wiki =

	* Business model.		* Business model.
		+	* Cartel.
	* CIOB.		* CIOB.
		+	* Collusion.
	* Company acquisitions in construction.		* Company acquisitions in construction.
	* Competition.		* Competition.
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	* Integrated project delivery (IPD).		* Integrated project delivery (IPD).
	* Joint venture.		* Joint venture.
−	* Open shop construction.
	* Partnering and joint ventures.		* Partnering and joint ventures.
	* Partnership.		* Partnership.
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	* Procurement.		* Procurement.
	* Special purpose vehicle.		* Special purpose vehicle.
−	* Tender process.
	* Types of construction organisations.		* Types of construction organisations.

	[[Category:Contracts_/_payment]] [[Category:Cost_/_business_planning]] [[Category:Procurement]] [[Category:Roles_/_services]]		[[Category:Contracts_/_payment]] [[Category:Cost_/_business_planning]] [[Category:Procurement]] [[Category:Roles_/_services]]

Editor at 16:37, 14 February 2019

2019-02-14T16:37:33Z

← Older revision		Revision as of 16:37, 14 February 2019
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	* CIOB.		* CIOB.
	* Company acquisitions in construction.		* Company acquisitions in construction.
		+	* Competition.
	* Construction organisation design.		* Construction organisation design.
	* Construction organisations and strategy.		* Construction organisations and strategy.

Editor at 12:45, 2 August 2018

2018-08-02T12:45:40Z

← Older revision		Revision as of 12:45, 2 August 2018
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	* Construction organisations and strategy.		* Construction organisations and strategy.
	* Contractor.		* Contractor.
		+	* Integrated project delivery (IPD).
	* Joint venture.		* Joint venture.
	* Open shop construction.		* Open shop construction.

Editor at 16:20, 17 July 2018

2018-07-17T16:20:42Z

← Older revision		Revision as of 16:20, 17 July 2018
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	{\|		{\|
−	\|The group of private sector participants who have come together for the purposes of tendering for a private finance initiative (PFI) contract. Also becomes a Special Purpose Company (SPC) or Special Purpose Vehicle (SPV). The generic term is project company, which is established by the preferred tenderer and is the contracting party for the project.	+	\| The group of private sector participants who have come together for the purposes of tendering for a private finance initiative (PFI) contract. Also becomes a Special Purpose Company (SPC) or Special Purpose Vehicle (SPV). The generic term is project company, which is established by the preferred tenderer and is the contracting party for the project.
	\|}		\|}

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	* Contractor.		* Contractor.
	* Joint venture.		* Joint venture.
		+	* Open shop construction.
	* Partnering and joint ventures.		* Partnering and joint ventures.
	* Partnership.		* Partnership.

Editor at 15:12, 8 January 2018

2018-01-08T15:12:25Z

← Older revision		Revision as of 15:12, 8 January 2018
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	* Joint venture.		* Joint venture.
	* Partnering and joint ventures.		* Partnering and joint ventures.
		+	* Partnership.
	* Private finance initiative		* Private finance initiative
	* Procurement.		* Procurement.

Designing Buildings at 10:03, 27 December 2016

2016-12-27T10:03:01Z

← Older revision		Revision as of 10:03, 27 December 2016
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	The [http://eu.wiley.com/WileyCDA/WileyTitle/productCd-1405129719.html Code of Estimating Practice], seventh edition, published by the Chartered Institute of Building (CIOB) in 2009 suggests that a consortium is:		The [http://eu.wiley.com/WileyCDA/WileyTitle/productCd-1405129719.html Code of Estimating Practice], seventh edition, published by the Chartered Institute of Building (CIOB) in 2009 suggests that a consortium is:

−	The group of private sector participants who have come together for the purposes of tendering for a private finance initiative (PFI) contract. Also becomes a Special Purpose Company (SPC) or Special Purpose Vehicle (SPV). The generic term is project company, which is established by the preferred tenderer and is the contracting party for the project.	+	{\|
		+	\|The group of private sector participants who have come together for the purposes of tendering for a private finance initiative (PFI) contract. Also becomes a Special Purpose Company (SPC) or Special Purpose Vehicle (SPV). The generic term is project company, which is established by the preferred tenderer and is the contracting party for the project.
		+	\|}

−	~~Find out more~~	+	--[[User:CIOB\|CIOB]]

−	~~Related articles on Designing Buildings Wiki~~	+	= Find out more =

−	~~Business model.~~	+	=== Related articles on Designing Buildings Wiki ===

−	Company acquisitions in construction.	+	* Business model.
−		+	* CIOB.
−	Construction organisation design.	+	* Company acquisitions in construction.
−		+	* Construction organisation design.
−	Construction organisations and strategy.	+	* Construction organisations and strategy.
−		+	* Contractor.
−	Contractor.	+	* Joint venture.
−		+	* Partnering and joint ventures.
−	Joint venture.	+	* Private finance initiative
−		+	* Procurement.
−	Partnering and joint ventures.	+	* Special purpose vehicle.
−		+	* Tender process.
−	Private finance initiative	+	* Types of construction organisations.
−		+
−	Procurement.	+
−		+
−	Special purpose vehicle.	+
−		+
−	Tender process.	+
−		+
−	Types of construction organisations.	+

	[[Category:Contracts_/_payment]] [[Category:Cost_/_business_planning]] [[Category:Procurement]] [[Category:Roles_/_services]]		[[Category:Contracts_/_payment]] [[Category:Cost_/_business_planning]] [[Category:Procurement]] [[Category:Roles_/_services]]

Designing Buildings: Created page with "The [http://eu.wiley.com/WileyCDA/WileyTitle/productCd-1405129719.html Code of Estimating Practice], seventh edition, published by the Chartered Institute of Building (CIOB) in 2..."

2016-12-27T10:02:03Z

Created page with "The [http://eu.wiley.com/WileyCDA/WileyTitle/productCd-1405129719.html Code of Estimating Practice], seventh edition, published by the Chartered Institute of Building (CIOB) in 2..."

New page

The [http://eu.wiley.com/WileyCDA/WileyTitle/productCd-1405129719.html Code of Estimating Practice], seventh edition, published by the Chartered Institute of Building (CIOB) in 2009 suggests that a consortium is:

The group of private sector participants who have come together for the purposes of tendering for a private finance initiative (PFI) contract. Also becomes a Special Purpose Company (SPC) or Special Purpose Vehicle (SPV). The generic term is project company, which is established by the preferred tenderer and is the contracting party for the project.

Find out more

Related articles on Designing Buildings Wiki

Business model.

Company acquisitions in construction.

Construction organisation design.

Construction organisations and strategy.

Contractor.

Joint venture.

Partnering and joint ventures.

Private finance initiative

Procurement.

Special purpose vehicle.

Tender process.

Types of construction organisations.

[[Category:Contracts_/_payment]] [[Category:Cost_/_business_planning]] [[Category:Procurement]] [[Category:Roles_/_services]]